Dallas-based private equity firm LongWater Opportunities has announced its acquisition of Carrboro, North Carolina-based hospitality art manufacturer Kalisher. Launched by Jesse and Helen Kalisher in 2004, the company currently employs more than 100 employees across three continents. It is now the fifth investment in LongWater’s second equity fund.
“We are very excited to partner with the Kalisher team to continue the legacy of creativity, quality, and unmatched customer service that the company has built over the last 15 years,” says LongWater partner Will Dobbs. “The team’s passion for art and unique culture has brought the company to where it is today. Kalisher’s quality product and diverse, loyal customers have positioned Kalisher as a dominant player in the hospitality art market, and we’re confident that this team will succeed in entering new markets and driving further growth.”
“We are very excited to partner with LongWater as our company enters a new phase. LongWater’s vision for the company is consistent with our culture of creativity and service that we’ve worked so hard to build,” adds Kalisher president David Winton. “We are excited to work together and benefit from LongWater’s impressive experience as we bring our creative engine to new roads across the world.”
