RYE, N.Y. — Equity firm Dunes Point Capital LP has acquired Kravet, LLC. Located in Woodbury, New York, a supplier of home furnishings, distributing fabric, furniture, wall coverings, trimmings and carpet under the Kravet, Lee Jofa, GP & J Baker, Brunschwig & Fils and Donghia brands. 

Kravet has distribution centers in Anderson, South Carolina, and Poole, England, a manufacturing location in Thomasville, North Carolina, and 40 showrooms worldwide. The company employs approximately 870 people. The Kravet family will continue to be a significant shareholder in the Company. 

Dunes Point Capital Fund III, LP provided the controlling equity for the transaction. The debt for the transaction was provided by Twin Brook Capital Partners and Lord Abbett.

Kirkland & Ellis LLP served as legal advisor to DPC, and Alvarez & Marsal Transaction Advisory Group served as financial advisor to DPC. Blank Rome LLP served as legal advisor to Kravet and Raymond James & Associates, Inc. served as financial advisor to Kravet.