LongWater Announces Acquisition of Kalisher
Feb 23, 2018
Carrboro, North Carolina — LongWater Opportunities, an operationally-focused private equity firm headquartered in Dallas, Texas, is pleased to announce the acquisition of Kalisher from the founders. Kalisher was founded by Jesse and Helen Kalisher in 2004 in a spare bedroom of their home in Carrboro, NC. Today, with more than 100 employees across 3 continents, Kalisher is one of the world’s leading creators, curators, and manufacturers of art for the commercial hospitality industry.
Kalisher has a dedicated staff of full-time studio artists and curators delivering custom, locally-driven art packages for every project. Additionally, Kalisher maintains its own print studio and production facility in North Carolina to ensure its high-quality and discerning standards are upheld. These diverse capabilities have permitted Kalisher to build its unique brand and accelerate its robust and profitable growth year after year.
Kalisher is the fifth investment in LongWater’s second equity fund. Will Dobbs, a Partner at LongWater, commented, “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. 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.”
David Winton, President of Kalisher, noted, “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. 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.”
About LongWater Opportunities
Founded in 2009, LongWater is a private markets investor with offices in Fargo, ND, Dallas, TX and St. Louis, MO. The firm is a premier access point to the lower-middle market because of their deep expertise, relationships, and institutional scale. Their Capital Solutions team offers multi-faceted strategies for achieving proven, repeatable results, including private credit, minority equity and LP commitments. On the Private Equity side, they target majority positions in unique, high-potential lower-middle-market businesses within industrial and geographic spaces they know well. To learn more, visit longwateropportunities.com.