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Completed Transactions > Wholesale and Distribution > Tiedemann-Bevs is sold to Strength Capital

Tiedemann-Bevs is sold to Strength Capital

Tiedmann Bevs

Date

Sep 2016

Region

Indiana

We are pleased to announce the sale of Tiedemann-Bevs to Strength Capital. The acquisition closed Sept. 26, 2016. Details were not disclosed.

Tiedemann-Bevs, acts as a distributor of textiles, fabric and other soft goods to casket manufacturers. The company is the largest domestic distributor of textiles in its space and caters to leading casket manufacturers.

Strength Capital is a private equity firm that invests in businesses with $4 million to $20 million in EBITDA, with a primary focus on platforms in the Central United States.

See the full release on PRNewswire.

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