TorQuest acquires home furniture maker Prepac

TorQuest Partners has acquired Delta, British Columbia-based Prepac Manufacturing Ltd, a maker of ready-to-assemble home furniture sold through online retailers. No financial terms were disclosed. Steve Simpson, founder of Prepac, will also retain a significant investment in the business and sit on the board of directors. Prepac President Jim Mathison and the senior management team, will continue to run the company.

DealsNorth AmericaUSConsumer goodsRetailBriefs