News
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.
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
Profile: The Stump Companies
Nearly 50 years ago Charlotte businessman Ralph Stump founded The Stump Companies with a clear mission to provide owners of the furniture industries with real estate transactions and trusted, smart and confidential financial leadership overseeing mergers and acquisitions.
Profile: The Stump Companies
Nearly 50 years ago Charlotte businessman Ralph Stump founded The Stump Companies with a clear mission to provide owners of the furniture industries with real estate transactions and trusted, smart and confidential financial leadership overseeing mergers and acquisitions.
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.
Company News
Q1 2021 Update
The Stump team had a strong Q1 performance as the home furnishing industry continued its own impressive growth trends.
Q1 2021 Update
The Stump team had a strong Q1 performance as the home furnishing industry continued its own impressive growth trends.
Company News
Recent M&A Transactions
The Stump team is looking forward to what they believe will be an improving M&A environment in 2024...
Recent M&A Transactions
The Stump team is looking forward to what they believe will be an improving M&A environment in 2024...
Articles & Publications
Reflections on 2020 and a look forward to 2021
by Bo Stump
On February 24th we attended Billy Joel’s monthly concert in NYC’s Madison Square Garden and never considered that COVID could become an issue here, despite it beginning to circle the globe. By mid-March the US was shut down, the stock market was plummeting, and unemployment was skyrocketing.
Reflections on 2020 and a look forward to 2021
On February 24th we attended Billy Joel’s monthly concert in NYC’s Madison Square Garden and never considered that COVID could become an issue here, despite it beginning to circle the globe. By mid-March the US was shut down, the stock market was plummeting, and unemployment was skyrocketing.
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
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.
Deal Announcements
Royal Custom Designs Sold to Makers & Craftsmen LLC
Stump & Company served as exclusive advisors to Royal Custom Designs and its selling shareholders and initiated the sale to Makers & Craftsmen.
Royal Custom Designs Sold to Makers & Craftsmen LLC
Stump & Company served as exclusive advisors to Royal Custom Designs and its selling shareholders and initiated the sale to Makers & Craftsmen.
Market
September 2020 PreMarket
Masked and temperature checked (and with hand-sanitizer in pockets), our team spent two very upbeat days in High Point for PreMarket. Furniture Today called it the “mother of all PreMarkets” - we agree.
September 2020 PreMarket
Masked and temperature checked (and with hand-sanitizer in pockets), our team spent two very upbeat days in High Point for PreMarket. Furniture Today called it the “mother of all PreMarkets” - we agree.
Market
Spring 2020 Market Update
This has been a strange springtime for the world and the furniture industry.
Spring 2020 Market Update
This has been a strange springtime for the world and the furniture industry.
Market
Spring 2025 High Point Market Recap
Stump recaps April HPMKT with business insights, trends and conversations with industry veterans and CEOs.
Spring 2025 High Point Market Recap
Stump recaps April HPMKT with business insights, trends and conversations with industry veterans and CEOs.
Market
Spring HD Vegas Furniture Market
Stump & Company has had a very strong 12 months with four transactions closed in the Hospitality Sector in 2017 and 2018. We look forward to several other announcements in the coming months.
Spring HD Vegas Furniture Market
Stump & Company has had a very strong 12 months with four transactions closed in the Hospitality Sector in 2017 and 2018. We look forward to several other announcements in the coming months.