Business Description: Spencer is a leading manufacturer and importer of soft home décor products, such as decorative pillows and window coverings. Spencer was founded in 2000 and is headquartered in El Monte, California.
Ancor Capital Partners is an operationally focused private equity group targeting investments in manufacturing and distribution companies with enterprise values of $25-$150 million.
Transaction: In an uncertain and difficult economic and capital environment, Ancor developed a compelling investment thesis and solicited interest from a number of capital providers to successfully raise the required senior and subordinated debt and equity capital.
Transaction Demonstrates: Ability for The Wilcox Group to assist in assessing the business, perform due diligence, evaluate future prospects and package the story in order to raise the necessary capital. Spencer is another example of The Wilcox Group’s experience in working with consumer companies and private equity groups.
Wilcox Swartzwelder & Co. provides energy investment banking in Fort Worth / Dallas, Texas.