Launched in 1976 and headquartered in Albany, New York, Stein Fibers is a distributor and manufacturer of fiber products and solutions to the North American furnishings, bedding, automotive, filtration, construction and medical markets. Stein Fibers is a provide chain answers service provider and maintains a nationwide distribution community with greatest-in-class solution availability. The Business provides between the widest solution portfolio of fiber and fabrics items throughout the marketplace, delivering an unmatched breadth of material forms, finishes, deniers and hues. Stein Fibers maintains a emphasis on sustainability and a part of its fiber together with all of its inside manufacturing is derived from recycled resources. With a monitor history spanning 40-in addition yrs, Stein Fibers has become a major North American player and partner of alternative for clients and suppliers alike.
Chip Stein and Peter Spitalny, Co-Homeowners of Stein Fibers, mentioned, “We could not be much more fired up to companion with Aterian as we continue into Stein Fibers’ future period of growth. We chose Aterian because of to their focus on protecting business lifestyle created in excess of decades, motivation to an expedient procedure, and experience in partnering with household founders like us. We are self-assured that Aterian is the fantastic husband or wife to help us execute on our development prepare each organically and by means of M&A.”
Michael Fieldstone, Co-Founder & Partner at Aterian, commented, “We are thrilled to husband or wife with the gifted Stein Fibers group to continue on growing the leading supply chain remedies supplier in the fiber marketplace. More than its record, Stein Fibers has expertly navigated an everchanging world wide supply chain ecosystem whilst preserving outstanding customer provider and high quality.”
Daniel Krasnow, Principal at Aterian, added, “The Stein Fibers system signifies nevertheless yet another relatives-founder partnership that we have embarked on at Aterian. We seem forward to partnering with Stein Fibers to assist their natural and inorganic strategic growth program, and go on to be the companion of choice for other like-minded family founder firms as very well as world producers.”
Kirkland & Ellis LLP, PricewaterhouseCoopers LLP, and Stout Money, LLC encouraged Aterian.
About Aterian Investment decision Associates
Aterian Expense Partners is a private equity business that invests in sector-major, center current market companies. In collaboration with management, Aterian supports investments all through an corporation, from people today to processes, products, technological innovation, and social governance, amid others. With places of work in New York and Florida, Aterian has lifted cumulative fairness commitments of far more than $1.5 billion since its founding in 2009.
For far more info, please go to http://www.aterianpartners.com
About Stein Fibers
Stein Fibers is among the the premier suppliers and producers of Polyester Fiberfill and Nonwoven Fibers in North The united states. The Firm has the most extensive in-inventory item choices in the marketplace with unsurpassed responsiveness and consumer service. As a consumer-oriented business, Stein Fibers prides alone on economical logistics and excellent sales help. All over its five a long time, the Firm has made prolonged expression private interactions by persistently leveraging its network to assist clients’ requires.
For a lot more data, remember to stop by https://steinfibers.com/
Source Aterian Expense Associates