Our new website is coming soon!


Springfield LLC, headquartered in Jericho, NY, is a leading manufacturer of technical, performance, and flame retardant fabrics for the safety apparel, fire service, military and occupational end markets. The Company has two production facilities located in Lyman and Gaffney, South Carolina.

Transaction Summary

Brookwood Associates advised Springfield on its sale to Milliken & Company. Milliken, headquartered in Spartanburg, SC, is a leading manufacturer of coatings, specialty chemicals, and performance fabrics.

Transaction Highlights

The Assignment – After a decade of an advisory relationship, the owners of the Company were seeking an exit opportunity to diversify net worth

Brookwood’s Role – Brookwood assisted Management in navigating through an extensive sale process involving an industry-leading, private, strategic buyer. After conducting thorough due diligence, Brookwood drafted marketing materials emphasizing (i) large and growing FR fabric market; (ii) broad product portfolio with blue chip customers and channel partners; (iii) rapid expansion in LCI product segment; and (iv) sustained recovery from dye house operational issues.

The Result – Brookwood negotiated a successful transaction for the Company from the one of the textile industry’s largest players who was looking to diversify its product offerings though Springfield’s FR fabric business. Brookwood negotiated the best economic and contractual terms and managed the entire confirmatory diligence process to ensure all parties arrived at an on-time closing