American Pacific Group, a San Francisco Bay Area-based private equity firm, has announced that an APG affiliate has made an investment in C.F. Stinson in Rochester Hills, a tech-enabled designer, producer, and marketer of textiles for the commercial interiors industry.
The investment is in partnership with Keith and Glenn Stinson, the third generation of family ownership. Terms of the deal were not disclosed.
Stinson states it’s an industry leader in the design, creation, and distribution of textiles engineered specifically for commercial applications in health care, education, hospitality, and workplace environments.
Founded in 1952, the company servs the commercial interiors community and delivers a broad range of high-performance products that meet the demanding requirements of today’s commercial interiors.
Stinson and its affiliated brand, Anzea, state they have developed a reputation for providing sustainable, high-quality products and integrated technology platforms.
“We are grateful to our loyal customers, incredible team, and amazing financial partners for all that has been accomplished to this point,” says Keith Stinson, CEO of Stinson. “We are particularly excited about the resources and experience APG brings, including their track record of strategic mergers and acquisitions to help expand our product portfolios and increase the value we bring to our customers.”
Fraser Preston, managing partner at APG, commented: “We have a tremendous amount of respect for what the Stinson family has built over generations. We look forward to partnering with Keith, Glenn, and the entire Stinson team in working to execute against our shared goals for the company’s future.”
American Pacific Group is a private equity firm that states it has $1.2 billion of capital under management. Together, with management teams, American Pacific Group seeks to drive sustainable growth in its portfolio companies through the “Q Process,” a proprietary and tested approach to value creation.
For more information, visit americanpacificgroup.com.
Stinson is a company of designers, thinkers, and makers dedicated to creating textile solutions that work.
For more information, visit cfstinson.com.
