About the Deal
STEELCASE INC., founded in 1912 and headquartered in Grand Rapids, MI, is a global leader in the office furniture industry and serves customers through a network of over 600 independent dealers and approximately 13,500 employees worldwide. The company designs and manufactures architecture, furniture and technology products.
CUSTOM CABLE INDUSTRIES INC., established in 1980, manufactures, services and manages specialized cable solutions for an array of industries including telecommunications, original equipment manufacturers, government and entertainment. Custom Cable also offers indoor/outdoor cable and wireless installations. Custom Cable is headquartered in Tampa, FL and has additional facilities in Orlando, FL and Atlanta, GA.
HWI PARTNERS, LLC, founded in 2004, is a leading middle market private equity firm that invests in companies with extraordinary value creation possibilities. The firm works with business owners to successfully transition their companies while continuing stability and growth. HWI is headquartered in Kennett Square, PA.
The professionals of Bridgewood Advisors, while at their predecessor firm, initiated this transaction, assisted in negotiations and acted as exclusive financial advisor to Steelcase.
