Year: 2018

Industry: Direct-to-Consumer / E-Commerce, Home Furnishings & Décor

Service: Buy-Side M&A

Geography: North America

Financo Advises Comvest Partners on Investment in RugsUSA

RugsUSA is a leading e-commerce retailer and supplier of area rugs and other home décor products. The Company has robust design and global sourcing capabilities to provide an expansive selection for consumers. RugsUSA provides these products directly to consumers via, as well as through leading e-commerce marketplaces and retailers. The Company is uniquely positioned to meet consumer demands for a broad selection of styles, high quality product, and a compelling value, all available instantly via an e-commerce shopping experience.

Comvest Partners is a private investment firm providing equity and debt capital to middle-market companies across North America. Since its founding in 2000, Comvest has invested over $3.3 billion in over 165 companies. Today, Comvest’s funds have over $3.1 billion of assets under management. Through its extensive capital resources and broad network of industry relationships, Comvest offers its companies financial sponsorship, critical strategic and operational support, and business development assistance.

This transaction was completed prior to Raymond James’ acquisition of Financo.