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Sycamore-owned NBG Home buys decorative lighting manufacturer

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Sycamore-owned NBG Home buys decorative lighting manufacturer

Affordable home décor products provider NBG Home, which is owned by New York City-based private equity firm Sycamore Partners Management LP, purchased Quoizel Inc. for an undisclosed price.

The acquired company, which manufactures and markets decorative lighting, will keep its headquarters and team in Charleston, S.C., and Rick Seidman will remain president.

Baird was financial adviser to Quoizel, while Houlihan Lokey was financial adviser to NBG Home.