News
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 - 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 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 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.
Articles & Publications
Four factors feeding record furniture sales
by Stuart Stump Mullens
In their latest earnings reports, many home furnishing retailers are reporting record-breaking quarters. This is a historical anomaly for the industry — to be leading the charge out of a recession (though a welcome one).
We see four primary influences driving these results, some that should continue as tailwinds to the industry and others that are helpful in the moment but will likely abate with time
Four factors feeding record furniture sales
In their latest earnings reports, many home furnishing retailers are reporting record-breaking quarters. This is a historical anomaly for the industry — to be leading the charge out of a recession (though a welcome one).
We see four primary influences driving these results, some that should continue as tailwinds to the industry and others that are helpful in the moment but will likely abate with time
Deal Announcements
Furniture Today: Classic Home acquires Braxton Culler
Charlotte, N.C.-based Stump & Company, a boutique investment bank to the furniture industry, served as the exclusive advisor to Braxton Culler Inc. and its selling shareholders.
Furniture Today: Classic Home acquires Braxton Culler
Charlotte, N.C.-based Stump & Company, a boutique investment bank to the furniture industry, served as the exclusive advisor to Braxton Culler Inc. and its selling shareholders.
Deal Announcements
GigaCloud Technology Inc Acquires Noble House
Stump & Company is pleased to announce the sale of Noble House to GigaCloud Technology Inc with Stump serving as exclusive financial advisor to GigaCloud.
GigaCloud Technology Inc Acquires Noble House
Stump & Company is pleased to announce the sale of Noble House to GigaCloud Technology Inc with Stump serving as exclusive financial advisor to GigaCloud.
Deal Announcements
Grand Basket Acquired by ZCG's Twin Star Home
Stump & Company is pleased to announce the sale of Grand Basket to Twin Star Home, a portfolio company of Z Capital Partners, LLC. Stump's M&A team initiated this transaction and served as exclusive advisors to Grand Basket.
Grand Basket Acquired by ZCG's Twin Star Home
Stump & Company is pleased to announce the sale of Grand Basket to Twin Star Home, a portfolio company of Z Capital Partners, LLC. Stump's M&A team initiated this transaction and served as exclusive advisors to Grand Basket.
Market
HD Expo Vegas Recap
Las Vegas delivered a huge win for the hospitality industry last week, with over 10,000 attendees at the Mandalay Bay Convention Center for the annual HD (Hospitality & Design) Expo.
HD Expo Vegas Recap
Las Vegas delivered a huge win for the hospitality industry last week, with over 10,000 attendees at the Mandalay Bay Convention Center for the annual HD (Hospitality & Design) Expo.
Market
HD Vegas Hospitality Show Update
With technology becoming more and more ubiquitous and iPhones, iPads, Air Pods, and laptop computers continuing to need power and serve as drivers of activity in common areas, we are seeing a new trend of embedded chargers and speakers in upholstery making the rounds in hospitality, commercial and residential settings.
HD Vegas Hospitality Show Update
With technology becoming more and more ubiquitous and iPhones, iPads, Air Pods, and laptop computers continuing to need power and serve as drivers of activity in common areas, we are seeing a new trend of embedded chargers and speakers in upholstery making the rounds in hospitality, commercial and residential settings.
Market
HD Vegas Market Update - May 2016
The Stump & Company team feels the merger market remains vibrant with a strong balance of buyers and sellers. One public announcement in particular is worth noting: LacquerCraft's purchase of Grand Manor is a signal that the market is open, and indicates the attractiveness of domestic upholstery.
HD Vegas Market Update - May 2016
The Stump & Company team feels the merger market remains vibrant with a strong balance of buyers and sellers. One public announcement in particular is worth noting: LacquerCraft's purchase of Grand Manor is a signal that the market is open, and indicates the attractiveness of domestic upholstery.
Market
HD Vegas Market Update - May 2017
The M&A environment remains upbeat, and we see a compelling balance of buyers and sellers. There are strong strategic buyers that are interested in growth and diversification of products. Private equity companies have invested in the space, which indicates that there is, likely, additional investment to follow.
HD Vegas Market Update - May 2017
The M&A environment remains upbeat, and we see a compelling balance of buyers and sellers. There are strong strategic buyers that are interested in growth and diversification of products. Private equity companies have invested in the space, which indicates that there is, likely, additional investment to follow.
Deal Announcements
Handy Living acquired by Alto Systems
Stump & Company is pleased to announce the sale of Handy Living to a subsidiary of Alto Systems, Inc. Stump's M&A team initiated the transaction and served as exclusive advisors to Handy Living and its selling shareholders.
Handy Living acquired by Alto Systems
Stump & Company is pleased to announce the sale of Handy Living to a subsidiary of Alto Systems, Inc. Stump's M&A team initiated the transaction and served as exclusive advisors to Handy Living and its selling shareholders.
Market
High Point - Confidence, Energy, Strong Capital Flow
The attitude among high-end companies in particular was upbeat. The CEOs we spoke with were enjoying robust traffic and business in this strong economic climate.
High Point - Confidence, Energy, Strong Capital Flow
The attitude among high-end companies in particular was upbeat. The CEOs we spoke with were enjoying robust traffic and business in this strong economic climate.
Market
High Point Furniture Market - October 2014
Stump & Company had a terrific and upbeat six days walking through the International Home Furnishings Market complex, and seeing much of the 12 million square feet of exhibition space spread over 180 buildings, hosting over 2,000 companies and more than 75,000 attendees.
High Point Furniture Market - October 2014
Stump & Company had a terrific and upbeat six days walking through the International Home Furnishings Market complex, and seeing much of the 12 million square feet of exhibition space spread over 180 buildings, hosting over 2,000 companies and more than 75,000 attendees.
Market
High Point October 2019 Update
The High Point Market is the Super Bowl for the residential furniture industry. Historically, over 75,000+ people come to town twice a year to visit the 2,200 exhibitors that display their goods in over 12 million square feet of showroom space spread out over 150 buildings.
High Point October 2019 Update
The High Point Market is the Super Bowl for the residential furniture industry. Historically, over 75,000+ people come to town twice a year to visit the 2,200 exhibitors that display their goods in over 12 million square feet of showroom space spread out over 150 buildings.
Deal Announcements
Hooker Furnishings Enters Outdoor Category With Acquisition of Sunset West
We are pleased to announce the sale of Sunset West, LLC. to Hooker Furnishings Corporation. Stump initiated this transaction and exclusively represented the selling shareholders.
Hooker Furnishings Enters Outdoor Category With Acquisition of Sunset West
We are pleased to announce the sale of Sunset West, LLC. to Hooker Furnishings Corporation. Stump initiated this transaction and exclusively represented the selling shareholders.
Market
Hospitality & Design Show - May 2014
Our 48 hours in Las Vegas for the HD (hospitality and design) show were exciting and full of upbeat conversations. Most companies are enjoying solid growth as hotels are refurbishing and new construction is heating up.
Hospitality & Design Show - May 2014
Our 48 hours in Las Vegas for the HD (hospitality and design) show were exciting and full of upbeat conversations. Most companies are enjoying solid growth as hotels are refurbishing and new construction is heating up.
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
Impressions from the Guadalajara Furniture Expo
The Stump M&A team traveled to Guadalajara Mexico for the biannual Furniture Expo and we were blown away by the crowds, energy and enthusiasm for strong business this year.
Impressions from the Guadalajara Furniture Expo
The Stump M&A team traveled to Guadalajara Mexico for the biannual Furniture Expo and we were blown away by the crowds, energy and enthusiasm for strong business this year.