Pleasant Rowland has sold MacKenzie-Childs Ltd., the Aurora-based home furnishings company she purchased in 2001.
The philanthropist and American Girl founder said Twin Lakes Capital, a private equity firm, has bought the business. Terms of the deal were not disclosed.
MacKenzie-Childs employees learned about the sale Wednesday morning.
Rowland had disclosed plans to seek a buyer for the company in June 2007.
MacKenzie-Childs has retail locations in Aurora, Palm Beach and New York City. The company started in 1983.
For more on this story, read Thursday's edition.
MacKenzie-Childs employees learned about the sale Wednesday morning.
Rowland had disclosed plans to seek a buyer for the company in June 2007.
MacKenzie-Childs has retail locations in Aurora, Palm Beach and New York City. The company started in 1983.
For more on this story, read Thursday's edition.
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