Columbia, MD / Nashville, Tennessee (May 3, 2021) – Three Twenty-One Capital Partners is pleased to announce the completion of the sale of United Cabinet Company, LLC dba Kabinart (the “Company”), a leading manufacturer of premium, semi-custom and custom cabinets for the high-end residential market. The company was ultimately acquired by Hyperion Capital Partners, an operationally focused private equity firm based in Los Angeles that establishes and utilizes partnerships with management to produce long-term value.
Over the last four decades, Nashville, Tennessee-based Kabinart has established itself as a niche provider of high-quality cabinets. The Company sells its products through a network of third-party dealers across the Eastern half of the United States. All key members of Kabinart’s management are remaining with the Company post-close.
The two Co-Founders and Partners of Hyperion said, “We are excited to partner with the Kabinart management team to continue the legacy built by the Murray family. By employing our operationally focused approach, we look to guide the Company through its next phase of growth and profitability.”
Shade Murray said, “My family and I have spent decades cultivating the Kabinart brand, and finding the right partner was of the utmost importance to us. Hyperion is the perfect fit to lead the Company into the future.”
Three Twenty-One Capital Partners represented Kabinart as the exclusive investment banking firm. Bass, Berry & Sims PLC served as legal advisor to Kabinart.
Financing for the transaction was provided by Oxer Capital and Salem Investment Partners. Allen Matkins Leck Gamble Mallory & Natsis LLP served as legal advisor to Hyperion.
About Kabinart
Kabinart is a manufacturer of premium, semi-custom and custom cabinets for the high-end residential market. Based in Nashville, Tennessee, Kabinart distributes its products through a network of third-party dealers across the Eastern half of the United States.
About Hyperion
Hyperion Capital Partners is an operationally focused private equity firm based in Los Angeles that establishes and utilizes partnerships with management to produce substantial long-term value. Hyperion looks to make control investments in companies that generate between $20 and $200 million of revenue and that are headquartered in North America.
ABOUT THREE TWENTY-ONE CAPITAL PARTNERS:
Three Twenty-One Capital Partners, headquartered in the Baltimore-Washington Metro area, with offices in Denver, CO and Los Angeles, CA, is the premier Private Investment Bank servicing the lower middle-market. Three Twenty-One Capital Partners’ team has completed engagements with over $15 billion in transaction value. Three Twenty-One Capital Partners specializes in providing Wall Street level investment banking to the underserved lower middle market, with a concentration in family and founder-led businesses. Further information is available at www.321capital.com.
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