MDC Interior Solutions
Family-Owned Business Seeking a Partner for Liquidity and Growth
Project & Company Background
MDC Interior Solutions (“MDC”) is a leading provider of vertical interior surfaces, offering vinyl, textile, and specialty wallcoverings, decorative panels, acoustical solutions, digitally printed surfaces, and specialty paints for a diverse set of end markets. Headquartered in Glendale Heights, Illinois, MDC was seeking a majority recapitalization to provide liquidity to its third-generation family ownership while enabling future generations to retain a meaningful stake. The family sought a partner aligned on a shared mission to prioritize organic growth while bringing a disciplined mindset toward strategic acquisitions.
“ShoreView was an ideal partner for MDC Interior Solutions from day one. When COVID-19 hit, we had to pivot, and ShoreView supported our revised strategy — they worked alongside us to navigate the crisis and gave us the confidence and resources to emerge stronger than before. What I valued most was the balance: they trusted our management team to run the business, but the moment we needed real strategic support or capital, they were fully engaged. That combination of autonomy and backup is rare. Beyond the numbers, ShoreView built a culture of genuine respect — every conversation felt like a partnership between people who respected each other, not just a financial relationship. That’s the kind of partner you want on your side.”
Investment Summary
ShoreView structured a majority recapitalization that delivered liquidity to the third-generation family ownership group for estate planning, while enabling the fourth generation to maintain an ownership position through equity rollover. The transaction also created an equity incentive plan that aligned key managers with the Company’s long-term success. ShoreView utilized a conservative amount of leverage to allow the company flexibility to navigate any potential demand headwinds in its core end markets, which was critical during the disruption created by the COVID-19 pandemic.
Growth
During the life of the investment, the completion of one add-on acquisition of Roll-A-Shade allowed MDC to build the Company’s product offering and to diversify its end-market exposure beyond its hospitality and commercial office core. Alongside this acquisition, the partnership also deployed a strategic plan centered on organic growth, anchored by internal investment in new product development, the buildout of a national accounts sales team, and the adoption of sales-enablement technology. These investments strengthened the Company’s sales and product capabilities and expanded its reach across existing and new customer relationships.
The results
Over ShoreView’s investment period, MDC strengthened its market position through a broader product line and a more diversified end-market mix, driving growth in revenue and nearly doubling EBITDA. ShoreView ultimately exited its stake to another private equity firm positioned to carry forward the Company’s strategy.