Raffel Systems
Furnishings Industry Transaction
Raffel Systems
Raffel Systems was started in 1982 to design a system of motors and vibration modes to be integrated into massage furniture. Subsequently, the Company realigned itself as to an innovative electronic controls and components supplier to many furniture manufacturers around the globe. Today, Raffel is a leading innovator of proprietary electronic controls and related components for motion furniture, industrial, and theater seating applications. During 2016, the Company’s prior ownership elected to seek liquidity and hired a financial advisor to guide it through the transaction. In connection with this process, Mann, Armistead & Epperson, Ltd. was hired by Cathay Capital Private Equity to assist in its formal due diligence process, to be an overall furnishings industry advisor, and provide certain industry data. Mann, Armistead & Epperson, Ltd. remains a Strategic Advisor to the Raffel Board of Directors.
Contact us to start a conversation.
More Furnishings Industry Transactions
How we can help.
Learn more about what we can do for your business, no matter what stage of the business life cycle you’re in.