Investcorp Acquires Sur La Table

NEW YORK-Sur La Table, the specialty retailer in kitchen products, has been purchased by investment firm Investcorp for an undisclosed price.

The previous owners--the Behnke family, who purchased the first Sur La Table store in 1995; and private investment firm Freeman Spogli--will remain as investors in the company. Sur La Table now numbers 86 stores throughout the United States, and sells through its catalog, website and gift registry as well.

Jack Schwefel, Sur La Table's CEO, will remain in his post. Citing the management team led by Schwefel, Kevin Nickelberry, managing director of Investcorp, added, "We believe that Sur La Table is well positioned in its existing markets and has multiple opportunities for growth, including new store expansion and e-commerce."

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

Videos

Subscribe to
HFN Omnichannel
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Current Issue

  • HFN May digital issue

    HFN's DIGITAL EDITION

    May 2017


    COVER STORY: HFN Turns 90

    We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.


    ALSO IN THIS ISSUE:

    • Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
    • Omnichannel Retailing - In the Mobile App World, Time is Money