American Leather, Inc

On July 23, 2012, Argosy Investment Partners IV, L.P. completed an investment in American Leather (www.americanleather.com). Founded in 1990 and headquartered in Dallas, Texas, American Leather is a leading designer and manufacturer of high-end, made-to-order, upholstered home furnishings. The Company offers products manufactured in the United States that feature fashion-forward designs and proprietary, innovative functionality available with millions of option combinations. American Leather is a market leader in the premium sleeper sofa category and also manufactures a variety of stationary upholstered furnishings and reclining sofas and chairs. The Company sells its products through retail and hospitality channels and prides itself in offering to its customers lead times that are three to five times faster than the industry average.