Classic Accessories, a supplier of covers for all manners of RVs, has been sold.
The Seattle-based company was bought by Twin Star Home, a portfolio company of private equity group Z Capital Partners, LLC.
Terms of the acquisition were not disclosed. Twin Star Home said Classic Accessories will maintain operations in Seattle and the combined company will be headquartered in Delray Beach, Florida.
“Classic Accessories has a legacy of developing high-quality products that enhance consumers’ ability to maximize their outdoor living at home,” said Lori Gonzalez, Twin Star’s CEO. “Combining our companies and unlocking the talent of our employees creates an even stronger and more competitive, omnichannel market position and will enable us to bring total comfort and delight to consumers’ homes – all year long.”
Classic Accessories was founded in 1983. The company supplies furnishings and accessories in addition to its protective covers. The acquisition further strengthens Twin Star’s position as a market-leading, e-commerce driven home furnishings and outdoor living platform throughout North America, the company said.
The deal also builds upon Twin Star’s expansion into outdoor lifestyle products through an earlier purchase of TK Classics in January 2020.
“Adding Classic Accessories to Twin Star creates great scale and will drive continued growth based on today’s long-term consumer shopping trends as the company is ideally situated at the intersection of what consumers want in home furnishings and how they want to acquire them through e-commerce,” said James Zenni, president and CEO of Z Capital Group, LLC, the parent company of Z Capital Partners. “We are pleased to welcome the Classic Accessories team and are confident that the combined company will be well-positioned to execute on the many tangible avenues for growth.”
