Stubbs Alderton & Markiles, LLP client Lifestyle Solutions, a leading drop-ship supplier of upholstered home furnishings in the e-commerce channel, has received a majority investment from Prospect Hill Growth Partners (“PHGP”), a private equity firm focused on North American consumer and healthcare companies. PHGP acquired its majority stake in Lifestyle Solutions, with significant retained ownership from selling shareholders, including founder Sean Pathiratne. CEO Ana Arun will continue to lead Lifestyle Solutions.
To read the full press release, click here.
Stubbs Alderton & Markiles’ attorneys representing Lifestyle Solutions in this transaction are Scott Galer, Andrew Sahn, and Brent Armitage.
About Lifestyle Solutions
Lifestyle Solutions has remained on the cutting edge of design and functionality for over 25 years. They have created a blend of traditional and contemporary pieces that adapt to any lifestyle, which makes Lifestyle Solutions the leader in furniture for the metropolitan home. Driven by innovation, they are continually inspired by the evolution of modern urban lifestyles. Originally founded on convertible furniture, they have grown to offer diverse collections for the entire home.
For more information about our Mergers & Acquisitions practice, contact Scott Galer at email@example.com.