“We have valued the great relationship that Culp has had with Praesidium since they became a major shareholder of our company. It was obvious from the initial meeting that their approach was different and unique. We were very impressed with the depth of knowledge they had on us and our industry. Additionally, we have been impressed with ideas on various shareholder value strategies that they have brought to us. Praesidium is an involved shareholder in a positive sense. Our company and our shareholders have benefited from our association with them.”
– Franklin Saxon, President/CEO, Culp, Inc.