Revolution Capital Acquires Danish Furnishings Firm

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Revolution Capital Group has completed its acquisition of Tvilum, a Danish unit of U.S.-based Masco Corp.

Revolution Capital, a Century City private equity firm, did not disclose terms of the deal, which closed last month. Tvilum, a subsidiary of Taylor, Mich.-based home improvement and building products company Masco, is one of the world’s largest makers of ready-to-assemble cabinetry and residential and office furniture. In the United States its products are sold Office Depot, Wal-Mart, Target and specialty stores.

Tvilum’s four factories produce 8 million units of furniture annually. The company, founded in 1965, employs about 1,000 people and had annual revenue exceeding $7 billion in 2012, Revolution said.

Tvilum “is a truly global business that fits well with Revolution’s strategy to expand our portfolio into Europe,” Robert Loring, Revolution’s co-founder and managing partner, said in a statement.

The deal was Revolution Capital’s third in 2013.

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