SOURCE: Levine Leichtman Capital Partners

December 14, 2015 10:50 ET

Levine Leichtman Capital Partners' Portfolio Company SFERRA Completes Acquisition of Brahms Mount

LOS ANGELES, CA--(Marketwired - Dec 14, 2015) - Levine Leichtman Capital Partners ("LLCP"), a Los Angeles-based private equity firm, announced that SFERRA Fine Linens, LLC (www.sferra.com), a portfolio company of Levine Leichtman Capital Partners V, L.P., has successfully completed the strategic acquisition of Kaufman Holdings LLC (d/b/a Brahms Mount), a leading designer and manufacturer of soft home furnishings, including blankets and throws.

Brahms Mount was established in 1983 by local Maine artisans Claudia Brahms and Noel Mount utilizing antique shuttle looms to craft signature American textiles with all-natural cotton, linen, and wool fibers. The company's core products -- designed and woven at its mill in Maine -- feature throws, blankets, and linen towels. Brahms Mount sells its products through 700 retailers nationwide, its website and its own retail store in Freeport, Maine. 

The acquisition of Brahms Mount will greatly enhance SFERRA's product offerings, increase the number of customer touchpoints and improve manufacturing capabilities for both companies. David Kaufman, previous owner and President of Brahms Mount, will continue with the company as director of business development.

Lauren Leichtman, Co-Founder and CEO of LLCP, commented, "Brahms Mount is a valuable strategic addition to SFERRA. SFERRA and Brahms Mount are two distinctive brands that share the same core customers. We can now offer our customers more products and enhance the growth opportunities for both companies. This highly accretive transaction will generate significant synergies that will ultimately provide value to all of SFERRA's stakeholders."

Paul Hooker, CEO of SFERRA, added, "We have long admired Brahms Mount and its high quality, American-made products and are thrilled that it is now under the SFERRA umbrella. We look forward to leveraging our combined best-in-class resources to better serve our growing customer base."

About SFERRA

SFERRA elevates the everyday, creating luxury goods that touch every aspect of our lives, for every room of the home. Since its founding in Italy in 1891, the company has evolved to become the definitive purveyor of luxury linens in North America.

SFERRA has graced tables at White House State dinners and U.S. embassies abroad, dressed the sleeping quarters of the Vatican's private jet, and enlivened the luxurious homes of society tastemakers and celebrities around the world. The secret to the company's enduring reputation as a textile house of distinction lies in a long heritage of impeccable craftsmanship and technical innovation.

The company serves more than 600 of the finest home specialty stores throughout North America, and is prominently featured in Neiman Marcus, Bergdorf Goodman, and Bloomingdale's. In addition, SFERRA can be found in many of the most luxurious boutique hotels worldwide. Visit sferra.com for more details on the company's 124-year history and products.

About Levine Leichtman Capital Partners

LLCP is a Los Angeles, California based private investment firm that has managed approximately $7.0 billion of institutional capital since its inception. LLCP invests in middle market companies located in the United States and Europe. LLCP is currently making new investments through Levine Leichtman Capital Partners V, L.P., Levine Leichtman Capital Partners SBIC Fund, L.P., Levine Leichtman Capital Partners Private Capital Solutions, L.P., Levine Leichtman Capital Partners Europe, L.P. and LLCP Co-Investment Fund, L.P. LLCP has offices in Los Angeles, New York, Dallas, Chicago, London and The Hague. For further information, please see http://www.llcp.com .

Contact Information

  • David Wolmer
    310-275-5335