Cabinetworks Group, a leading manufacturer of kitchen and bath cabinetry, announced on May 9, 2026, the closing of a $100 million new money financing transaction. The deal also includes refinancing and extension of maturities for existing debt, according to a company press release.
The financing is intended to strengthen the company's balance sheet and support its growth initiatives. Specific terms of the refinancing and maturity extensions were not disclosed in the announcement.
Cabinetworks Group, headquartered in Livonia, Michigan, operates multiple manufacturing facilities across the United States. The company produces cabinets under various brand names for both new construction and remodeling markets.
This financial move comes as the housing and remodeling sectors continue to show resilience. The company did not provide further details on how the new funds will be allocated.