Accent furniture source Stein World was sold earlier this year to Dallas-based Wingate Partners, according to a regulatory filing and a press release issued by a former debt holder.

American Capital, which had held debt from Stein World since 2005, said that holders of other, more senior debt had prompted the sale of the Stein World assets by former equity owner Goense Bounds.

American Capital said it received no proceeds from the sale and that it wrote off the $32 million it was owed.

Wingate Partners, based in Dallas, says on its Web site that it purchases controlling equity investments in manufacturing, distribution and service businesses, typically with revenues between $50 million and $250 million.

Officials at Stein World and Wingate Partners did not return phone calls seeking comment. — Heath Combs, Furniture/Today