Swavelle acquired the operating assets of Wearbest
Swavelle Fabrics, Inc. is a leading manufacturer and supplier of fabrics to a myriad of industries. Founded in 1982, Swavelle has has grown to offer print, upholstery, jacquard, texture, faux leather, embroidery, casements, sheer fabrics and more.
- Swavelle retained Triangle to help it identify and acquire a business that would supplement its existing operations and provide it with diversity in its customer base.
- Following a lengthy search, Swavelle agreed to buy the operating assets of Wearbest including its mill.
- The acquisition provides Swavelle with a strong entry into the outdoor market and allows it to weave specialized fabrics and designs in one of the few remaining mills in the USA.
- Triangle Capital LLC acted as Swavelle’s exclusive advisor in its acquisition of Wearbest.