Viewing posts for the category Deal Announcements
HOOKER FURNISHINGS ENTERS OUTDOOR CATEGORY WITH ACQUISITION OF SUNSET WEST
Categories: Deal Announcements, Stump & Company | Published: Jan 31st 2022
We are pleased to announce the sale of Sunset West, LLC. to Hooker Furnishings Corporation. Stump initiated this transaction and exclusively represented the selling shareholders.
Sunset West, based in Vista, CA, is a premier high-end casual furniture producer serving the better retail stores, designers and hospitality destinations. Hooker Furnishings is one of the leading US furniture manufacturers headquartered in Martinsville, VA.
Press Release
MARTINSVILLE, Virginia – Hooker Furnishings (NASDAQ: HOFT) announced to today that it ...
BOLTON FURNITURE IS ACQUIRED BY TRADEMARK GLOBAL, A PORTFOLIO COMPANY OF BERTRAM CAPITAL
Categories: Deal Announcements, Stump & Company | Published: Aug 10th 2021
August 10, 2021
STUMP & COMPANY SERVED AS EXCLUSIVE FINANCIAL ADVISOR TO BOLTON FURNITURE
Trademark Global, LLC ("Trademark"), a portfolio company of Bertram Capital (“Bertram”) and a rapidly growing provider of high-quality products to the largest online retailers, has announced the acquisition of Bolton Furniture, Inc. ("Bolton"). Press release linked here.
Stump & Company (“Stump”) was pleased to initiate this transaction and serve as the exclusive financial advisor to Bolton.
Founder Geoff Jackson has developed ...
BRAXTON CULLER, INC. IS ACQUIRED BY CLASSIC HOME, INC.
Categories: Deal Announcements, Stump & Company | Published: Mar 15th 2021
March 15, 2021
Los Angeles, CA & High Point, NC
STUMP & COMPANY SERVED AS EXCLUSIVE FINANCIAL ADVISOR TO BRAXTON CULLER
Classic Home, Inc. announced today that it has acquired 100% of Braxton Culler, Inc., a leading manufacturer of higher end upholstery and occasional wood furniture based in High Point, NC. Classic Home is a Los Angeles based designer, importer and marketer of lifestyle furnishings, and the acquisition of Braxton Culler is its first entry ...
Furniture Today: Classic Home acquires Braxton Culler
Categories: Deal Announcements, Stump & Company | Published: Mar 15th 2021
Originally published in Furniture Today
By Thomas Russell
LOS ANGELES – Whole home furniture resource Classic Home has acquired upper end upholstery manufacturer Braxton Culler Inc., providing the company a domestic manufacturing presence in the upholstery segment.
The company did not reveal a purchase price for Braxton Culler, or other specifics of the deal, other than to say it has purchased 100% of the High Point area-based company.
In addition to a line of domestically ...
VAUGHAN BENZ IS ACQUIRED BY MANDY LI COLLECTION
Categories: Deal Announcements, Mergers & Acquisitions | Published: Nov 18th 2020
November 18, 2020
Stump & Company (“Stump”) is pleased to announce that it served as the exclusive financial advisor to Vaughan Benz® in its recently completed acquisition by Mandy Li Collection®, which closed on Friday November 13th. Longtime friends of both high-end hospitality players, the Stump team was thrilled to bring these two parties together.
Vaughan Benz® founders David Benz and Scott Vaughan expressed a driving desire during the transaction to preserve the company's commitment ...
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