ROSWELL, Ga. — Investment funds managed by Patriarch Partners LLC has acquired all of the assets of Best Textiles International Ltd. from GHCL Inc. As part of the Textile Platform of the Patriarch portfolio of operating companies, the new company will be known as Best Textiles LLC.
“The acquisition of Best was a strategic decision, as the company exponentially enhances specific synergies with other textile operations within our platform,” says Lynn Tilton, chief executive officer of Patriarch Partners.