Z Capital Partners, a private equity management arm of Z Capital Group, has announced that it has acquired Twin-Star International, a home furnishing company, according to a report in PR Newswire. With its headquarters in Delray Beach, Florida, the company manufactures and markets home furnishings and consumer electronics among other of its products as well.
“As the market leader in the electrical heating and furniture industry, Twin-Star is well-positioned for continued growth and success, and we are excited to welcome the Company into the Z Capital family,” said James Zenni, President and Chief Executive Officer, Z Capital.
Z Capital is planning to leverage its financial strength, expertise and wherewithal to expand Twin-Star’s established retail platform into a lot more channels, which includes homebuilding, hotels and lodging and commercial markets, as well into new geographies. As Z Capital expands Twin-Star’s influence, it will benefit from leveraging established dedicated supply chain infrastructure in order to ensure quality control.
Peter Harper, Twin-Star’s Co-President and CFO along with Marc Sculler, its Co-President, and also Andy Bandremer, its Executive Vice President, will continue to supervise daily operations of the company.
“We are excited to be part of the Z Capital family,” commented Peter Harper, Chief Financial Officer of the company. “Z Capital’s financial strength, acumen and operational expertise will help Twin-Star continue to enhance and expand our product offerings and better serve our customers while further elevating the outstanding Twin-Star brand” he added.