CID partners with Grandview Gallery
CID Capital is proud to announce that it has partnered with Grandview Gallery. Grandview Gallery, a leader in affordable lighting and home decor products, infuses premium aesthetics with value-oriented price points serving a large retail and online customer base. Grandview Gallery is best known for its signature metal, glass and crystal lines of lamps. The Memphis, TN company designs and sells its products through blue-chip retailers in North America and Europe. CID worked closely with Grandview's co-founders and leaders, Angela and Tom Cook, to achieve their transaction and transition goals. Angela commented, "This is truly an exciting time for Grandview Gallery. We believe CID Capital has the experience and resources we need to achieve our potential as we continue to grow and scale our organization." Angela and Tom will continue their active leadership roles within Grandview while realizing desired lifestyle changes. John Aplin, Managing Director at CID Capital, added, "We are enthusiastic about our newly formed partnership with Angela and Tom Cook and the Grandview Gallery team. Through innovative designs, a commitment to quality products and unparalleled customer service, Grandview has consistently delivered exceptional value. With CID's financial resources, Grandview will be positioned effectively to continue its impressive growth and to expand its market presence." As a part of the recapitalization, First Tennessee Bank provided the senior financing and Huntington Mezzanine Finance Group provided the subordinated debt financing.
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