AEA Acquires Springs Window Fashions

AEA Investors’ Middle Market Private Equity team announced today that its fund has closed on an interest in Springs Window Fashions.

New York – June 15, 2018 – AEA Investors’ (“AEA” or the “Firm”) Middle Market Private Equity team announced today that its fund has closed on an interest in Springs Window Fashions (“Springs” or the “Company”). Springs is a leading manufacturer of custom window coverings serving residential and commercial end markets.

Headquartered in Middleton, Wisconsin, Springs manufactures and sells custom window coverings and drapery hardware to retail and commercial customers, as well as independent designers, franchisors and decorators. The Company offers a broad portfolio of over 42,000 SKUs spanning blinds, shades, awnings, shutters and soft coverings sold through a set of leading national brands with significant market share in a highly fragmented market. With a seasoned management team, proven track record of product innovation and enhanced scale bolstered by accretive acquisitions, Springs is well positioned to continue its impressive growth trajectory.

About AEA
AEA Investors LP was founded in 1968 by the Rockefeller, Mellon and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives and leaders; many of whom invest with AEA as active individual investors (“Participants”) and/or join its portfolio company boards or act in other advisory roles. Today, AEA’s approximately 70 investment professionals operate globally with offices in New York, Connecticut, London, Munich and Shanghai. The firm manages funds that have approximately $11 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies and mezzanine and senior debt investments. AEA Private Equity invests across three sectors: value added industrials, consumer, and services.

About Springs Window Fashions
Formed in 1939 as the Graber Company, Springs is a leading designer and manufacturer of custom window coverings, serving residential and commercial markets in the U.S. The Company’s products include shades, blinds, shutters, soft coverings and awnings sold through a portfolio of market-leading brands, each of which maintains a #1 or #2 market position in its respective segment. Springs’ approximately 8,250 employees offer made-to-order products spanning over 42,000 SKUs creating trillions of possible product combinations.

Investor Contact
AEA Investors
Investor Relations
+1 (212) 644-5900
AEAIR@aeainvestors.com

Media Contact
Joele Frank, Wilkinson Brimmer Katcher
Jon Keehner, Julie Oakes and Kate Thompson
+1 (212) 355-4449
AEA-JF@joelefrank.com