Modani has 17 showrooms in California, Texas, Florida, New Jersey and New York.
“Modani is an ideal investment for OIG. The company is led by an impressive management team and offers quality furniture at reasonable prices,” OIG Managing Partner Joey Separzadeh said in a statement. “We look forward to working with management to strategically increase the showroom count and to streamline operations during the next phase of growth for Modani.”
OIG’s investments primarily focus on middle market companies in U.S.-based sectors such as manufacturing, technology, business services and consumer products.