Charter Industries, LLC
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Charter Industries, LLC - overview
Established
1991
Location
Kentwood, MI, US
Primary Industry
Materials
About
Charter Industries, Inc. is a manufacturer and distributor specializing in high-quality products for the furniture and fixtures industry, focusing on innovative solutions that enhance both aesthetics and functionality. Charter Industries, Inc. manufactures and distributes essential components for the furniture sector.
With headquarters in Kentwood, US, the company was founded to meet the evolving needs of furniture manufacturers. The current CEOs are Scott McCullough and Todd Shelton. Charter Industries has participated in 2 deals, with Twin Brook Capital Partners acquiring the company; deal financials were not disclosed. Charter Industries, Inc.
specializes in manufacturing and distributing a diverse range of high-quality products for the furniture and fixtures industry. Their core offerings include PVC edgebanding, flexible PVC edgebanding, sheet veneer, veneer edgebanding, metal laminates, T-molding, and drawer slides. These products are designed to enhance the aesthetics and durability of furniture, catering primarily to furniture manufacturers, distributors, and retailers across the Midwest, Southeast, Southcentral, Northeast, and Western regions of the United States. Charter Industries operates on a B2B model, supplying products directly to manufacturers and distributors in the furniture industry.
The company focuses on bulk orders to maintain efficient supply chain logistics and offers competitive pricing for volume purchases. With a commitment to expedited lead times and same-day shipping for in-stock items, Charter Industries builds long-term partnerships with clients, supported by a diverse product range, including their Teknaform™ Eco-Products, which align with sustainability trends in the market. Charter Industries plans to introduce new product lines designed to expand its offerings in the furniture component market. The company is targeting specific markets for geographic expansion, although detailed timelines for these initiatives have not been disclosed.
Recent funding from Twin Brook Capital Partners will be utilized to support these growth strategies, ensuring that Charter Industries remains competitive in the ever-evolving furniture industry.
Current Investors
Incline Equity Partners, TPG Twin Brook
Primary Industry
Materials
Sub Industries
Adhesives & Sealants, Wood/Hard Products, Rubber & Plastics
Website
www.charterindustries.com/
Verticals
Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Charter Industries, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Charter Industries, LLC | - | ||||||||
| Growth | Completed | Charter Industries, LLC | - | ||||||||
| Buyout | Completed | Charter Industries, LLC | - |
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