Argosy Exits Sure Fit
On December 21, 2012, Argosy exited its investment in Sure Fit. Sure Fit was sold to an Illinois-based consumer housewares company.
Headquartered in Allentown, PA, Sure Fit (www.surefit.com) is the nation’s leading provider of fitted removable furniture covers used primarily for redecoration and protection. The Company offers slipcovers and related accessories through both the retail market and direct channels. Sure Fit Retail sells through national retailers and their captive websites, independent internet retailers, and third party catalogs. Sure Fit Direct sells products through a Company-owned website and catalog, and markets its products through advertisements on television and in magazines and other marketing media.
Since Argosy’s original investment, the Company has established several new lines of business which have contributed to substantial growth: Sure Fit Pet, Sure Fit Outdoor, and the Premier Collection, as well as new product launches in the healthcare and hospitality sectors.