Year: 2021

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

Service: Sell-Side M&A

Geography: North America

Financial Advisor to RugsUSA on its Sale to Francisco Partners

RugsUSA, a leading e-commerce provider of area rugs and home décor products, has been acquired by Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses. As part of the transaction, Comvest Partners, an operationally-focused private investment firm, will sell its majority position to Francisco Partners and retain a minority stake in the business.

Founded in 1998, RugsUSA provides an expansive selection of area rugs and home décor products directly to consumers via as well as through leading e-commerce marketplaces and retailers. With a curated offering of approximately 20,000 products, the company provides consumers with unmatched choice, fast shipping, and exceptional value.