Wm. E. Wright, LP (“Wrights”), headquartered in West Warren, Massachusetts, is a premier manufacturer and marketer of products for the retail home sewing, home decorating and crafts industries. Wrights’ product lines include apparel and craft trim, tapes and braids, ribbon and knitting/crocheting instruments. Wrights, which is the market leader in all of its products other than ribbon, has approximately 5,000 retail customers throughout the U.S. and Canada.
Merit provided subordinated debt to finance the recapitalization.