News
Company News
July 2020 Newsletter
We are now entering Month 6 of the COVID crisis; while no immediate solution appears imminent at the time of this writing, we remain optimistic a vaccine and/or effective treatment will arise in the coming months and help us beat back the virus.
July 2020 Newsletter
We are now entering Month 6 of the COVID crisis; while no immediate solution appears imminent at the time of this writing, we remain optimistic a vaccine and/or effective treatment will arise in the coming months and help us beat back the virus.
Market
June High Point Market Recap
The Spring, rescheduled to Summer, High Point market has now concluded and in our view it was a SUCCESS!
June High Point Market Recap
The Spring, rescheduled to Summer, High Point market has now concluded and in our view it was a SUCCESS!
Deal Announcements
Karat Home Successfully Acquires Z Gallerie out of Bankruptcy
Stump & Company is pleased to announce the sale of Z Gallerie to Karat Home. Stump's M&A team served as an investment banker to Karat Home. Read more about the acquisition below.
Karat Home Successfully Acquires Z Gallerie out of Bankruptcy
Stump & Company is pleased to announce the sale of Z Gallerie to Karat Home. Stump's M&A team served as an investment banker to Karat Home. Read more about the acquisition below.
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…
Market
Las Vegas Summer Market
The Stump M&A team braved the Nevada heat to gain further insight into the challenges and opportunities the industry currently faces.
Las Vegas Summer Market
The Stump M&A team braved the Nevada heat to gain further insight into the challenges and opportunities the industry currently faces.
Market
Las Vegas Summer Market - July 2014
The Vegas market has a very strong mattress/bedding presence, and the World Market Center has done a good job bringing energy and focus to this sector. With Stump & Companys recently announced sale of Jamison Bedding to Solstice Sleep Products, we were busy on the bedding floors actively talking with buyers and sellers.
Las Vegas Summer Market - July 2014
The Vegas market has a very strong mattress/bedding presence, and the World Market Center has done a good job bringing energy and focus to this sector. With Stump & Companys recently announced sale of Jamison Bedding to Solstice Sleep Products, we were busy on the bedding floors actively talking with buyers and sellers.
Market
Las Vegas Winter Market - January 2015
Mergers & Acquisitions are front and center as the general economy is getting stronger, the furniture trends are positive, and capital remains relatively cheap. Strong companies are buying weak ones, large companies are buying small ones, and Private Equity is furiously looking for deals given their huge pool of available funds.
Las Vegas Winter Market - January 2015
Mergers & Acquisitions are front and center as the general economy is getting stronger, the furniture trends are positive, and capital remains relatively cheap. Strong companies are buying weak ones, large companies are buying small ones, and Private Equity is furiously looking for deals given their huge pool of available funds.
Market
Let’s go to the Market(s)!
Many exhibitors indicated they are enjoying a more regular High Point presence with their customers, via the First Tuesday initiative and other private meetings at the showrooms.
Let’s go to the Market(s)!
Many exhibitors indicated they are enjoying a more regular High Point presence with their customers, via the First Tuesday initiative and other private meetings at the showrooms.
Company News
M&A Briefing: Quarter 1, 2015
For the furniture industry, spring marks the beginning of a fantastic run of markets: Southeast Asian markets, April High Point, HD-Vegas in May and Neocon-Chicago in June. Huge times for all sectors of the furniture industry to see customers, present new products and to advance their strategic vision.
M&A Briefing: Quarter 1, 2015
For the furniture industry, spring marks the beginning of a fantastic run of markets: Southeast Asian markets, April High Point, HD-Vegas in May and Neocon-Chicago in June. Huge times for all sectors of the furniture industry to see customers, present new products and to advance their strategic vision.
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.
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.
Market
NEOCON 2023: Office Furnishings Show
The Stump team traveled to Chicago this week for the annual office/contract furnishings show called NeoCon.
NEOCON 2023: Office Furnishings Show
The Stump team traveled to Chicago this week for the annual office/contract furnishings show called NeoCon.
Market
NeoCon - June 2015
Contract/Commercial furniture folks are upbeat, as business is strong across all sectors, and most people believe we have another 2-4 years of growth ahead of us.
NeoCon - June 2015
Contract/Commercial furniture folks are upbeat, as business is strong across all sectors, and most people believe we have another 2-4 years of growth ahead of us.
Market
NeoCon - June 2017
The halls were jammed this year for the annual commercial furniture exhibition in Chicago. Attitudes were upbeat and most of our clients are signaling good sales and profits for the year.
NeoCon - June 2017
The halls were jammed this year for the annual commercial furniture exhibition in Chicago. Attitudes were upbeat and most of our clients are signaling good sales and profits for the year.
Market
Neocon & Casual Show Recap
The Stump team attended both the September 20-23 Casual show and the October 4-6 Neocon show in Chicago's famed Merchandise Mart. After a long, COVID-induced pause, we found both to be upbeat despite mixed traffic.
Neocon & Casual Show Recap
The Stump team attended both the September 20-23 Casual show and the October 4-6 Neocon show in Chicago's famed Merchandise Mart. After a long, COVID-induced pause, we found both to be upbeat despite mixed traffic.
Market
New York Hospitality Show: BDNY - November 2016
There was a vibrant and upbeat backdrop for BDNY (Boutique & Design: New York). We spoke with over 100 hospitality CEOs who all, despite a sluggish fall for many, seem optimistic about the growth in the hospitality sector and a clear path of continued strong growth through 2017 and likely into 2018.
New York Hospitality Show: BDNY - November 2016
There was a vibrant and upbeat backdrop for BDNY (Boutique & Design: New York). We spoke with over 100 hospitality CEOs who all, despite a sluggish fall for many, seem optimistic about the growth in the hospitality sector and a clear path of continued strong growth through 2017 and likely into 2018.
Market
New York Hospitality Show: BDNY - November 2017
BDNY (Boutique & Design: New York) was packed and energetic, with many companies reporting record traffic. The Javitz Center format continues to be a hit with small booths that enable companies to efficiently display capabilities and conduct meaningful business without an undue amount of overhead.
New York Hospitality Show: BDNY - November 2017
BDNY (Boutique & Design: New York) was packed and energetic, with many companies reporting record traffic. The Javitz Center format continues to be a hit with small booths that enable companies to efficiently display capabilities and conduct meaningful business without an undue amount of overhead.
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.
Deal Announcements
OFS Acquires Adaptive Architecture Pioneer ROOM
Stump & Company is pleased to announce the sale of ROOM to OFS. Stump's M&A team initiated this transaction and served as exclusive advisors to ROOM and its selling shareholders. Read more about the acquisition below.
OFS Acquires Adaptive Architecture Pioneer ROOM
Stump & Company is pleased to announce the sale of ROOM to OFS. Stump's M&A team initiated this transaction and served as exclusive advisors to ROOM and its selling shareholders. Read more about the acquisition below.
Market
October 2020 Market Update
The Stump team spent an uncharacteristically brief 24-hours in High Point last week at the Fall Market. With extra working days added for exhibitors, partially closed/“appointment-only” showroom policies, and ever-present COVID precautions we did not roam the halls nor shake hands as normal.
October 2020 Market Update
The Stump team spent an uncharacteristically brief 24-hours in High Point last week at the Fall Market. With extra working days added for exhibitors, partially closed/“appointment-only” showroom policies, and ever-present COVID precautions we did not roam the halls nor shake hands as normal.
Market
October High Point Market 2023
The Stump team pounded the pavement for 6 straight days over the semiannual High Point Market ...
October High Point Market 2023
The Stump team pounded the pavement for 6 straight days over the semiannual High Point Market ...
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.
Deal Announcements
Our House Designs acquires Leathercraft Furniture
Stump & Company is pleased to announce the sale of Leathercraft Furniture to Our House Designs. Stump's M&A team initiated this transaction and served as exclusive advisors to Leathercraft Furniture and its selling shareholders.
Our House Designs acquires Leathercraft Furniture
Stump & Company is pleased to announce the sale of Leathercraft Furniture to Our House Designs. Stump's M&A team initiated this transaction and served as exclusive advisors to Leathercraft Furniture and its selling shareholders.
Market
Pre-High Point M&A Update
There are strong strategic buyers interested in growth and diversification of products and manufacturing capabilities. Private equity companies are investing in the space, indicating that there is additional investment to follow.
Pre-High Point M&A Update
There are strong strategic buyers interested in growth and diversification of products and manufacturing capabilities. Private equity companies are investing in the space, indicating that there is additional investment to follow.