Tropitone Takes on Financial Advisement
June 13, 2007
IRVINE, California – Tropitone Furniture Co., a furniture manufacturer, has announced that is has enlisted Chicago-based Lincoln International to be a financial advisor.
The company foresees in the near future a partnership with an investor that will build on the company's reputation.
Michael Echolds, CEO of Tropitone, said he will continue to hold his post with the in-place management team when the new investor is in place.
Tropitone, founded in 1954, operates a manufacturing facility in Sarasota, Fla., as well as one in Irvine along with their headquarters. The company sells its products to retailers, designers and the hospitality trade under the Tropitone and Basta Sole trademarks.
The company foresees in the near future a partnership with an investor that will build on the company's reputation.
Michael Echolds, CEO of Tropitone, said he will continue to hold his post with the in-place management team when the new investor is in place.
Tropitone, founded in 1954, operates a manufacturing facility in Sarasota, Fla., as well as one in Irvine along with their headquarters. The company sells its products to retailers, designers and the hospitality trade under the Tropitone and Basta Sole trademarks.
