News
Market
October High Point Market Takeaways
The Stump team visited High Point Market this week and met with dozens of industry CEOs. Several trends emerged as hot topics of conversation. Read our key takeaways.
October High Point Market Takeaways
The Stump team visited High Point Market this week and met with dozens of industry CEOs. Several trends emerged as hot topics of conversation. Read our key takeaways.
Market
Boutique Design New York (BDNY) 2022
Our team made its annual trip to New York this week for the BDNY hospitality show. Read our recap and insights on industry trends.
Boutique Design New York (BDNY) 2022
Our team made its annual trip to New York this week for the BDNY hospitality show. Read our recap and insights on industry trends.
Market
Las Vegas Market Recap
The Stump team attended the winter market in Las Vegas this week and we were pleasantly surprised by the strong attenda…
Las Vegas Market Recap
The Stump team attended the winter market in Las Vegas this week and we were pleasantly surprised by the strong attenda…
Company News
2022: A Year of M&A in Review
As Stump’s 50th year in business comes to a close, we're reflecting on all of the home furnishings transactions we completed this year, and also looking ahead to what that means for the year ahead.
2022: A Year of M&A in Review
As Stump’s 50th year in business comes to a close, we're reflecting on all of the home furnishings transactions we completed this year, and also looking ahead to what that means for the year ahead.
Deal Announcements
Century Furniture parent acquires Classic Leather and St. Timothy Furniture
RHF Investments Inc., the parent company of Century Furniture announced the acquisition of Classic Leather and St. Timothy Furniture. Stump & Company represented Classic Leather in this acquisition.
Century Furniture parent acquires Classic Leather and St. Timothy Furniture
RHF Investments Inc., the parent company of Century Furniture announced the acquisition of Classic Leather and St. Timothy Furniture. Stump & Company represented Classic Leather in this acquisition.
Company News
Stump Named in Axial Top 50 M&A Advisors
by Bo Stump
Stump & Company has been named in Axial's top 50 list of consumer-focused private equity firms and M&A advisors for 2022. Read the full report featuring insights from Bo Stump.
Stump Named in Axial Top 50 M&A Advisors
Stump & Company has been named in Axial's top 50 list of consumer-focused private equity firms and M&A advisors for 2022. Read the full report featuring insights from Bo Stump.
Deal Announcements
Noa Home Acquired by Bassett
Stump initiated the acquisition of Noa Home by Bassett Furniture and served as exclusive advisors to Noa Home and its selling shareholders.
Noa Home Acquired by Bassett
Stump initiated the acquisition of Noa Home by Bassett Furniture and served as exclusive advisors to Noa Home and its selling shareholders.
Articles & Publications
Putting the Recession in Perspective
by Tim Stump
Tim Stump considers the challenges alongside many of the positives in today’s economy.
Putting the Recession in Perspective
Tim Stump considers the challenges alongside many of the positives in today’s economy.
Articles & Publications
What does a red hot jobs report mean for the furniture industry? Industry experts weigh in
As of July 2022, employment has risen 528,000 according to the U.S. Bureau of Labor Statistics. In fact, the unemployment rate is the best its been since February 2020. What does this mean for the furniture industry?
What does a red hot jobs report mean for the furniture industry? Industry experts weigh in
As of July 2022, employment has risen 528,000 according to the U.S. Bureau of Labor Statistics. In fact, the unemployment rate is the best its been since February 2020. What does this mean for the furniture industry?
Articles & Publications
Will China’s military drills near Taiwan affect the furniture industry?
With continued planned patrols made by China near Taiwan, how will the furniture industry be affected by the growing disruption?
Will China’s military drills near Taiwan affect the furniture industry?
With continued planned patrols made by China near Taiwan, how will the furniture industry be affected by the growing disruption?
Articles & Publications
Struck by the power of the ports
by Stuart Stump Mullens
A visit to the United State's fastest-growing and third-largest-by-volume container terminal reveals the powerful investment the Port of Savannah has made to maintain the accurate pace for the U.S. economy's import and export needs.
Struck by the power of the ports
A visit to the United State's fastest-growing and third-largest-by-volume container terminal reveals the powerful investment the Port of Savannah has made to maintain the accurate pace for the U.S. economy's import and export needs.
Market
NEOCON 2022: Commercial Furniture on the Move!
The Stump team enjoyed a full 2 days of Neocon this week in Chicago as we witnessed an energetic gathering of commercial furniture specialists.
NEOCON 2022: Commercial Furniture on the Move!
The Stump team enjoyed a full 2 days of Neocon this week in Chicago as we witnessed an energetic gathering of commercial furniture specialists.
Deal Announcements
Exemplis® acquires Edloe Finch
Stump and Company are pleased to announce the Partnership of Albany Park & Edloe Finch with Exemplis®. Stump & Company initiated this transaction and represented the seller.
Exemplis® acquires Edloe Finch
Stump and Company are pleased to announce the Partnership of Albany Park & Edloe Finch with Exemplis®. Stump & Company initiated this transaction and represented the seller.
Market
April High Point Market 2022
The High Point furniture market was in full swing this week and it felt like the first market with a semblance of “post…
April High Point Market 2022
The High Point furniture market was in full swing this week and it felt like the first market with a semblance of “post…
Company News
Reflections on Stump & Company’s 50 years in the industry
by Tim Stump
Tim Stump reflects on the company his father created and the impact it has had on the furniture business. Originally published in Home News Now.
Reflections on Stump & Company’s 50 years in the industry
Tim Stump reflects on the company his father created and the impact it has had on the furniture business. Originally published in Home News Now.
Articles & Publications
M&A in a Family-Owned Business
by Stuart Stump Mullens
Stump & Company has been honored to represent hundreds of family businesses over the last 50 years and find that several factors impact family businesses disproportionately to financial or corporately owned businesses.
M&A in a Family-Owned Business
Stump & Company has been honored to represent hundreds of family businesses over the last 50 years and find that several factors impact family businesses disproportionately to financial or corporately owned businesses.
Company News
Stump & Company Celebrates 50th Year Anniversary
Started by Ralph Stump in 1972, Stump & Company celebrates its 50th year in business with a new website and brand.
Stump & Company Celebrates 50th Year Anniversary
Started by Ralph Stump in 1972, Stump & Company celebrates its 50th year in business with a new website and brand.
Articles & Publications
Retail’s Omnichannel Transformation Drives LMM M&A
Bo Stump, a Partner at Stump & Company, and Jason Somerville, the Founder and Managing Partner at Global Wired Advisors, help put these trends into context.
Retail’s Omnichannel Transformation Drives LMM M&A
Bo Stump, a Partner at Stump & Company, and Jason Somerville, the Founder and Managing Partner at Global Wired Advisors, help put these trends into context.
Articles & Publications
Stump Interview with Axial
Axial interviewed Stump's second generation partners, Stuart Mullens and Bo Stump to get their first hand perspectives on furniture sales trends.
Stump Interview with Axial
Axial interviewed Stump's second generation partners, Stuart Mullens and Bo Stump to get their first hand perspectives on furniture sales trends.
Articles & Publications
How Shipping Delays Turned Used Furniture Into a Hot Commodity
Interior designers and homeowners are turning to antique, vintage and even contemporary resale furnishings for quicker delivery.
How Shipping Delays Turned Used Furniture Into a Hot Commodity
Interior designers and homeowners are turning to antique, vintage and even contemporary resale furnishings for quicker delivery.
Market
Pregaming the Chicago Office Show: NEOCON
The environment heading into Neocon is upbeat—with stock prices high, the general economic environment strong and the M&A industry hot.
Pregaming the Chicago Office Show: NEOCON
The environment heading into Neocon is upbeat—with stock prices high, the general economic environment strong and the M&A industry hot.
Articles & Publications
An Outlook on the Furniture Industry
by Bo Stump
2020 has proven to be the most challenging and perplexing year of the new century. A global pandemic went from 0 to 6 million cases in a matter of months, with hundreds of thousands of casualties. The crisis sparked rapid job layoffs, business closures, plummeting GDP numbers, and a collapse in equity markets.
An Outlook on the Furniture Industry
2020 has proven to be the most challenging and perplexing year of the new century. A global pandemic went from 0 to 6 million cases in a matter of months, with hundreds of thousands of casualties. The crisis sparked rapid job layoffs, business closures, plummeting GDP numbers, and a collapse in equity markets.
Articles & Publications
Confronted with supply chain pressures
by Bo Stump
“Never let a good crisis go to waste” is a famous quote often attributed to Rahm Emmanuel, but in reality it was first said by Winston Churchill (and we assume by many other less-famous individuals in the past).
Confronted with supply chain pressures
“Never let a good crisis go to waste” is a famous quote often attributed to Rahm Emmanuel, but in reality it was first said by Winston Churchill (and we assume by many other less-famous individuals in the past).
Articles & Publications
A Furniture History Lesson
by Tim Stump
Our most recent transaction, the sale of Braxton Culler, Inc., is a classic win-win Stump deal, with clear synergies for the buyer and a terrific steward for Braxton’s compelling legacy.
A Furniture History Lesson
Our most recent transaction, the sale of Braxton Culler, Inc., is a classic win-win Stump deal, with clear synergies for the buyer and a terrific steward for Braxton’s compelling legacy.