Piper exits The Rug Company

Piper, has sold its stake in The Rug Company to Palamon Capital Partners. The Rug Company is the preeminent global luxury rug brand. Under Piper’s investment, it has more than doubled sales and expanded worldwide with 12 new store openings. Financial terms of the transaction were not disclosed. The Rug Company was founded in 1997
We are immensely proud of the excellent reputation The Rug Company has achieved in the world of interiors, design and fashion. Piper has been a fantastic partner. Its in-house experts have been incredibly helpful in supporting our growth, developing our e-commerce and systems and, most importantly, enabling us to build the right team for the future. We are sad to say goodbye to them.
Christopher Sharp, Founder

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