Extraordinary Results
Realized Investments
Restoration Hardware, Inc.
Restoration Hardware (NASDAQ: RSTO) is a 1eading retailer of high-fashion home furnishings, with more than 100 stores and sales exceeding $480 million.
At the time of CIC Partners' investment in 1994, the company had only four stores and $10 million in sales. The retailer was looking for growth capital and a financial partner to assist in establishing a national presence and to lead additional rounds of financing.
With Restoration Hardware's Founder and Chairman, Steve Gordon, CIC Partners filled this role through capital planning, execution and strategic thinking. Together we recruited the current CEO, Gary Friedman, from Williams-Sonoma. The company went public in 1998.