Ethan Allen Interiors, Inc.

The nation's leading manufacturer and marketer of fine furniture and home furnishings. Castle Harlan worked with management to acquire the company in 1989, at which time the management and employees purchased approximately 20 percent of the equity. Subsequently, the company undertook and completed a successful market repositioning with a variety of furniture offerings, including a new lower-priced contemporary line. With increased cash flow and reduced debt, Ethan Allen was taken public in 1992 at an offering price of $18 per share and within nine months was trading on the New York Stock Exchange at more than $30 per share.