RugsUSA Secures Growth Investment from Francisco Partners
San Francisco – Paul Hastings LLP, a leading global law firm, represented Francisco Partners in its majority investment in RugsUSA, a leading e-commerce provider of area rugs and home décor products.
As part of the transaction, Comvest Partners will sell its majority position to Francisco Partners and retain a minority stake in the business. The pending transaction is expected to close later in 2021.
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.