Ropes & Gray Represents American Industrial Partners in its Sale of The Cabinetworks Group
Ropes & Gray represented American Industrial Partners in its sale of The Cabinetworks Group to Platinum Equity. Terms of the transaction, which was announced on April 5, were not disclosed. The press release is available here.
The transaction comes on the heels of Ropes & Gray’s representation of Cabinetworks in connection with its acquisition in 2019 of Elkay Wood Products Company, a leading manufacturer of kitchen and bath cabinetry, and its purchase in 2020 of Masco Cabinetry, a division of Masco Corp.
Cabinetworks is the largest independently owned manufacturer and distributor of kitchen and bath cabinets in the United States under the nation's leading brands, including KraftMaid, Medallion, Smart, Merillat, Yorktowne, Echelon, Advanta, Studio Full Access, Master WoodCraft, and Cabinets 2000. American Industrial Partners is an operationally oriented private equity firm that makes control investments in industrial businesses serving domestic and global markets.
The Ropes & Gray team that represented American Industrial Partners was led by private equity partner Bob Rivollier (New York), and included private equity partner Daniel Evans (Boston) and private equity associate Ishan Jhingran (New York), employment, executive compensation & benefits partners Alexandra Alperovich and Danna Kivell (both of New York), real estate partner Peter Alpert (Boston), tax partner Aaron Harsh (Boston) and tax associate Tristan Evans-Wilent (New York), finance partner Stefanie Birkmann (New York) and finance associate Dan Coyne (Boston).