News
Company News
2017 in Review & 2018 in Preview
The 2017 M&A climate was robust, at levels not seen since before the 2008 crash. This meant a terrific year in furniture acquisitions and for Stump & Company.
2017 in Review & 2018 in Preview
The 2017 M&A climate was robust, at levels not seen since before the 2008 crash. This meant a terrific year in furniture acquisitions and for Stump & Company.
Company News
2018 Furniture Industry Reviewed - 2019: A look ahead
The global furniture industry remains strong and has exhibited a multi-year growth trend. Consumer confidence, availability of disposable income for discretionary furniture purchases, and a generally strong stock market continue to drive positive industry performance.
2018 Furniture Industry Reviewed - 2019: A look ahead
The global furniture industry remains strong and has exhibited a multi-year growth trend. Consumer confidence, availability of disposable income for discretionary furniture purchases, and a generally strong stock market continue to drive positive industry performance.
Articles & Publications
2021 Disruptions to the Home Furnishings Industry
by Stuart Stump Mullens
Stuart Stump Mullens discusses the ongoing E-commerce boom and how it's changing the Home Furnishings landscape.
2021 Disruptions to the Home Furnishings Industry
Stuart Stump Mullens discusses the ongoing E-commerce boom and how it's changing the Home Furnishings landscape.
Articles & Publications
2021 is Expected to be a Boom Year for Mergers and Acquisitions
2020 will go down in history as an epic year of frustration, disappointment, hardship and much more. In the business world, however, we have seen an amazing stock market rally, encouraging data on a quick macro-economic recovery and positive signs for a stronger 2021.
2021 is Expected to be a Boom Year for Mergers and Acquisitions
2020 will go down in history as an epic year of frustration, disappointment, hardship and much more. In the business world, however, we have seen an amazing stock market rally, encouraging data on a quick macro-economic recovery and positive signs for a stronger 2021.
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.
Articles & Publications
A look at private equity in the furniture industry
by Bo Stump
Bo Stump dives into the increasing role private equity has played in the evolution of the residential furniture industry and M&A transactions.
A look at private equity in the furniture industry
Bo Stump dives into the increasing role private equity has played in the evolution of the residential furniture industry and M&A transactions.
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
An Outlook on the Furniture Industry
by Bo Stump
The furniture industry, like many others, has experienced rapid changes this year. Most notably: Consumption Patterns. The existential COVID-19 mandate to work (or for many, live) at home all day, every day, has been a boon to home and home office furnishings suppliers, as many consumers realized they needed a better home office, while others took the opportunity to upgrade dining and living areas.
An Outlook on the Furniture Industry
The furniture industry, like many others, has experienced rapid changes this year. Most notably: Consumption Patterns. The existential COVID-19 mandate to work (or for many, live) at home all day, every day, has been a boon to home and home office furnishings suppliers, as many consumers realized they needed a better home office, while others took the opportunity to upgrade dining and living areas.
Market
April 2020 Update
Our E-Commerce clients and friends seem to be faring well, even thriving, through this time (some have reported as much as 25%+ growth over Q1 2019).
April 2020 Update
Our E-Commerce clients and friends seem to be faring well, even thriving, through this time (some have reported as much as 25%+ growth over Q1 2019).
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…
Market
As We Prepare for the October 2017 Furniture Market...
This is an exciting time in the market cycle to be entering the High Point Furniture Market. The M&A market is wide open and transactions are happening across our Industry. Prospective Buyers are looking for growth, profitability, and strong management teams. If you need help getting there, we are happy to help. Now may be the time for you to sell!
As We Prepare for the October 2017 Furniture Market...
This is an exciting time in the market cycle to be entering the High Point Furniture Market. The M&A market is wide open and transactions are happening across our Industry. Prospective Buyers are looking for growth, profitability, and strong management teams. If you need help getting there, we are happy to help. Now may be the time for you to sell!
Market
BDNY Nov 2018 - An Energetic November Market
The merger & acquisition market continues to be strong. In our opinion, it is the best environment since the late 1990s with high buyer interest and an abundance of sellers.
BDNY Nov 2018 - An Energetic November Market
The merger & acquisition market continues to be strong. In our opinion, it is the best environment since the late 1990s with high buyer interest and an abundance of sellers.
Articles & Publications
Blog: 2021 – change, scale & opportunity
by Bo Stump
Ashley’s recently announced $1 billion capital investment over 18 months is a blockbuster that all of us in the furniture industry should take notice of. It is clear evidence of the need to remain agile, constantly improve and anticipate the numerous seismic changes coming around the next corner.
Blog: 2021 – change, scale & opportunity
Ashley’s recently announced $1 billion capital investment over 18 months is a blockbuster that all of us in the furniture industry should take notice of. It is clear evidence of the need to remain agile, constantly improve and anticipate the numerous seismic changes coming around the next corner.
Deal Announcements
Bolton Furniture is Acquired by Trademark Global, a Portfolio Company of Bertram Capital
Stump & Company (“Stump”) was pleased to initiate this transaction and serve as the exclusive financial advisor to Bolton.
Bolton Furniture is Acquired by Trademark Global, a Portfolio Company of Bertram Capital
Stump & Company (“Stump”) was pleased to initiate this transaction and serve as the exclusive financial advisor to Bolton.
Market
Boutique Design New York (BDNY) 2021
Our team traveled to New York for the annual BDNY hospitality show at the Javits Center and it was fantastic!
Boutique Design New York (BDNY) 2021
Our team traveled to New York for the annual BDNY hospitality show at the Javits Center and it was fantastic!
Deal Announcements
Braxton Culler, Inc. is acquired by Classic Home, Inc.
Classic Home, Inc. has acquired 100% of Braxton Culler, Inc with Stump serving as exclusive financial advisor to Braxton Culler.
Braxton Culler, Inc. is acquired by Classic Home, Inc.
Classic Home, Inc. has acquired 100% of Braxton Culler, Inc with Stump serving as exclusive financial advisor to Braxton Culler.
Company News
China Update
by Tim Stump
Our 8-day trip to southern China and Hong Kong was very eye opening. We witnessed this powerful country’s strong infrastructure moves, continuing construction of massive factories and skyscrapers, and hordes of people at every turn.
China Update
Our 8-day trip to southern China and Hong Kong was very eye opening. We witnessed this powerful country’s strong infrastructure moves, continuing construction of massive factories and skyscrapers, and hordes of people at every turn.
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).
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
Fall High Point Market 2018 - Winds Of Change
Our industry continues to grow rapidly in this channel and most companies are exploring how best to participate.
Fall High Point Market 2018 - Winds Of Change
Our industry continues to grow rapidly in this channel and most companies are exploring how best to participate.
Market
Fall High Point Market - October 2015
Stump & Company love the High Point Market in the fall when the weather is clear and cool, and this year we got a perfect Chamber of Commerce commercial: blue skies, calm winds and nice temperatures. Also we had strong attendance, good buying attitudes and no stock market crash.
Fall High Point Market - October 2015
Stump & Company love the High Point Market in the fall when the weather is clear and cool, and this year we got a perfect Chamber of Commerce commercial: blue skies, calm winds and nice temperatures. Also we had strong attendance, good buying attitudes and no stock market crash.
Market
Fall High Point Market - October 2016
The M&A environment remains open and brisk. The announcement of Lee’s sale to American Leather indicates that the market is indeed open for business. Activity and strengthening of good companies is positive news for the entire industry.
Fall High Point Market - October 2016
The M&A environment remains open and brisk. The announcement of Lee’s sale to American Leather indicates that the market is indeed open for business. Activity and strengthening of good companies is positive news for the entire industry.
Market
Fall High Point Market Recap
Our team worked the halls of the High Point market for 6 days and were pleased with the attendance, energy, and optimism. Most clients told us that total visits were probably 40-50% below pre-covid levels, but much better than expected.
Fall High Point Market Recap
Our team worked the halls of the High Point market for 6 days and were pleased with the attendance, energy, and optimism. Most clients told us that total visits were probably 40-50% below pre-covid levels, but much better than expected.
Deal Announcements
Fellowes Brands Acquires Trendway Corporation
The Stump team is proud to have exclusively represented the selling shareholders in the August 13, 2019 acquisition of Trendway Corporation to Fellowes Brands, a global leader in business products since 1917.
Fellowes Brands Acquires Trendway Corporation
The Stump team is proud to have exclusively represented the selling shareholders in the August 13, 2019 acquisition of Trendway Corporation to Fellowes Brands, a global leader in business products since 1917.