Why M&A activity is picking up in the furniture industry
After several relatively quiet years, merger and acquisition momentum in the home furnishings industry is clearly rebuilding. Over the past month alone, a series of …
Category: Mergers and acquisitions
SouthWorth Capital investment in AFM seeks to build on company strengths
Principals look to continue manufacturers’ legacy of building quality product while improving service MEMPHIS, Tenn. — SouthWorth Capital Management’s investment in American Furniture Manufacturing and …
New Classic acquisition will boost GigaCloud’s connection to brick-and-mortar retail
Company founder, chairman and CEO Larry Wu explains what the purchase will mean for the company and its customers EL MONTE, Calif. — E-commerce and …
Armen Living acquires Uwharrie Chair Company
HIGH POINT, N.C. — California-based full-line home furnishings company Armen Living has acquired North Carolina outdoor manufacturer Uwharrie Chair Company. Uwharrie Chair will operate as …
Legacy of MacKenzie-Dow continues under Charleston Forge
Combined capabilities of both companies offer retailers a domestic manufacturing powerhouse with a strong solid wood and mixed materials story MORGANTON, N.C. — When furniture …
Bed Bath & Beyond merger with Brand House Collective offers opportunities in furniture segment
Consumers could have access to a broader mix of home furnishings, but how the company positions this high-volume business will be a big factor in …
Hooker Furnishings agrees to sell Pulaski, Samuel Lawrence to Magnussen Home
The 2 companies, part of Home Meridian International, were acquired by Hooker Furniture in 2016 HIGH POINT — Case goods resource Hooker Furnishings has entered …
Somnigroup International proposes to acquire Leggett & Platt
LEXINGTON, Ky. — Somnigroup International Inc. today announced that it submitted a proposal to the board of directors of Leggett & Platt Inc. to acquire …
A look back at private equity investments in the furniture industry
The American furniture business was built by families — craftsmen who measured success in legacy, quality and relationships, not quarterly earnings. Over time, private equity …
Gigacloud Technology enters agreement to acquire New Classic Home Furnishings
Acquisition expands Gigacloud’s B2B ecosystem into brick-and-mortar wholesale EL MONTE, Calif. — GigaCloud Technology Inc., a pioneer of global end-to-end B2B technology solutions for large …
