Mazzone & Associates Advises on the Sale of Graniteville Specialty Fabrics

07/16/2018  —  Mazzone & Associates is pleased to announce that it acted as the exclusive financial advisor to Graniteville Specialty Fabrics (GSF) in the sale of its specialty fabrics manufacturing and coatings business located in Graniteville, South Carolina to Crown Capital Investments.  GSF, led by CEO Jim Egan, services a wide array of industries.  “Mazzone & Associates prepared our team for the whole transaction process and found the right partner to ensure we reach our goals in the next phase of our company's evolution," said Mr. Egan.  "We are excited to partner with Crown Capital Investments as we look to grow our business and relationships with our vendors and customers.”  The transaction was led by Mazzone & Associates' Managing Director, Dominic Mazzone, and Vice President, Stuart Sanford.  
  
Crown Capital Investments CEO, Chris Graham, noted "Jim Egan and the Graniteville team have executed on a strong record of growth in different markets via new product development in new and existing markets for GSF. We are thrilled to partner with management and participate in the next stage of their growth.  Mazzone & Associates exhibited a thorough understanding of the business and key decision points for us which helped everyone succeed in closing this transaction.”


Deal Announcement Logo Space (5).png

Graniteville Specialty Fabrics is a market-leading provider of custom-designed specialty chemicals for the highly-engineered textiles industry.  The Company designs, manufactures, and applies a wide range of coatings, including weather resistant, flame retardant and other coatings.  GSF sources its own soft goods, which it layers its proprietary formulations on, as well as coats semi-finished products for its customers, which represent a variety of markets.

Deal Announcement Logo Space (6).png

Crown Capital Investments (CCI) is a private equity direct investment sponsor. CCI evaluates and makes direct private equity investments for those family offices on their behalf based on the fit and related parameters for each family, which allows CCI to explore opportunities across different industries.  They seek to maintain management in its investments and provide a long-term capital solution for sellers.