News
Deal Announcements
Stylex Acquired by Flokk, Leading European Office Seating Manufacturer
Stump & Company is pleased to announce the sale of Stylex to Flokk, a a leading European office seating manufacturer. Stump's M&A team initiated this transaction and served as exclusive advisors to Stylex and its selling shareholders.
Stylex Acquired by Flokk, Leading European Office Seating Manufacturer
Stump & Company is pleased to announce the sale of Stylex to Flokk, a a leading European office seating manufacturer. Stump's M&A team initiated this transaction and served as exclusive advisors to Stylex and its selling shareholders.
Market
Summer 2024 Update & Casual Market
Our team went to Atlanta to attend the annual casual/outdoor furniture market held at AmericasMart, hosted by ANDMORE. Read our recap as well as an update on the state of the Home Furnishings industry and M&A activity on the horizon.
Summer 2024 Update & Casual Market
Our team went to Atlanta to attend the annual casual/outdoor furniture market held at AmericasMart, hosted by ANDMORE. Read our recap as well as an update on the state of the Home Furnishings industry and M&A activity on the horizon.
Company News
Summer Update on M&A
Stump & Company’s Summer Update: Market split deepens as M&A activity rises amid tariffs, high rates, and strategic buyers eye opportunities across furnishings.
Summer Update on M&A
Stump & Company’s Summer Update: Market split deepens as M&A activity rises amid tariffs, high rates, and strategic buyers eye opportunities across furnishings.
Market
The Chicago Office Show: NEOCON, June 2019
Neocon was upbeat and well attended again this year. Our discussions with clients and prospects during our 48 hours in Chicago confirm that most are doing well in this up-cycle, despite the headwinds of Chinese tariffs and the unavailability of labor.
The Chicago Office Show: NEOCON, June 2019
Neocon was upbeat and well attended again this year. Our discussions with clients and prospects during our 48 hours in Chicago confirm that most are doing well in this up-cycle, despite the headwinds of Chinese tariffs and the unavailability of labor.
Articles & Publications
The E-Commerce Revolution
by Stuart Stump Mullens
COVID-19 has perhaps accelerated the adoption of online consumer purchasing by 10 years. The massive growth rates in 2020 of some of the largest e-commerce platforms selling furniture are staggering
The E-Commerce Revolution
COVID-19 has perhaps accelerated the adoption of online consumer purchasing by 10 years. The massive growth rates in 2020 of some of the largest e-commerce platforms selling furniture are staggering
Articles & Publications
Twin Star Home Acquires Third Outdoor Products Producer
Twin Star Home acquires Grand Basket to grow its outdoor lineup; Stump & Co. represented the seller in the deal.
Twin Star Home Acquires Third Outdoor Products Producer
Twin Star Home acquires Grand Basket to grow its outdoor lineup; Stump & Co. represented the seller in the deal.
Deal Announcements
Urban Hardwoods, LLC is acquired by Urban Lumber Company Inc.
Stump & Company (“Stump”) is pleased to announce that it served as the exclusive financial advisor to Urban Hardwoods, LLC (“Urban Hardwoods” or the “Company”) in its recently completed acquisition by Urban Lumber Company Inc. (“Urban Lumber”).
Urban Hardwoods, LLC is acquired by Urban Lumber Company Inc.
Stump & Company (“Stump”) is pleased to announce that it served as the exclusive financial advisor to Urban Hardwoods, LLC (“Urban Hardwoods” or the “Company”) in its recently completed acquisition by Urban Lumber Company Inc. (“Urban Lumber”).
Deal Announcements
Vaughan Benz is acquired by Mandy Li Collection
Stump & Company (“Stump”) is pleased to announce that it served as the exclusive financial advisor to Vaughan Benz® in its recently completed acquisition by Mandy Li Collection®, which closed on Friday November 13th. Longtime friends of both high-end hospitality players, the Stump team was thrilled to bring these two parties together.
Vaughan Benz is acquired by Mandy Li Collection
Stump & Company (“Stump”) is pleased to announce that it served as the exclusive financial advisor to Vaughan Benz® in its recently completed acquisition by Mandy Li Collection®, which closed on Friday November 13th. Longtime friends of both high-end hospitality players, the Stump team was thrilled to bring these two parties together.
Market
Vegas 2020 - Strong Foot Traffic, High Customer Acquisition, and Double-digit Growth.
The 2020 Winter Market lived up to the hype. Most hallways were full of buyers and industry players, with exhibitors happily showing updated product lines in busy showrooms.
Vegas 2020 - Strong Foot Traffic, High Customer Acquisition, and Double-digit Growth.
The 2020 Winter Market lived up to the hype. Most hallways were full of buyers and industry players, with exhibitors happily showing updated product lines in busy showrooms.
Market
Vegas Market Recap Jan 2022
The Stump team attended the semiannual Furniture Market at the Las Vegas World Market Center this week and was pleasantly surprised by the attendance and upbeat attitudes.
Vegas Market Recap Jan 2022
The Stump team attended the semiannual Furniture Market at the Las Vegas World Market Center this week and was pleasantly surprised by the attendance and upbeat attitudes.
Market
Vegas Markets Recap
The Stump team traveled to Las Vegas this week to attend the back-to-back residential market and the hospitality show.
Vegas Markets Recap
The Stump team traveled to Las Vegas this week to attend the back-to-back residential market and the hospitality show.
Market
What a market! BDNY 2019
We continue to see supply chains shift − to Vietnam, the Philippines, and Indonesia – and the capacity constraint repercussions. There is also significant interest toward North American manufacturing.
What a market! BDNY 2019
We continue to see supply chains shift − to Vietnam, the Philippines, and Indonesia – and the capacity constraint repercussions. There is also significant interest toward North American manufacturing.
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
What’s all the fuss about Mexico?
by Tim Stump
So, our team traveled to Tijuana to check it out in a (almost) post-Covid world. And here’s what we learned.
What’s all the fuss about Mexico?
So, our team traveled to Tijuana to check it out in a (almost) post-Covid world. And here’s what we learned.
Articles & Publications
Who is Making Your Furniture?
by Stuart Stump Mullens
Stuart Stump Mullens explores how India and Mexico are emerging as key players in global furniture sourcing as the industry shifts beyond China and Vietnam.
Who is Making Your Furniture?
Stuart Stump Mullens explores how India and Mexico are emerging as key players in global furniture sourcing as the industry shifts beyond China and Vietnam.
Articles & Publications
Why M&A is Good for the Furniture Industry
Mergers and acquisitions (M&A) are key to a healthy economy, and the furniture industry is no exception. Over the past five years, M&A transactions have played a significant role in the evolution of the furniture industry, and they will continue to shape its future for years to come.
Why M&A is Good for the Furniture Industry
Mergers and acquisitions (M&A) are key to a healthy economy, and the furniture industry is no exception. Over the past five years, M&A transactions have played a significant role in the evolution of the furniture industry, and they will continue to shape its future for years to come.
Articles & Publications
Why is furniture hot right now?
by Stuart Stump Mullens
Our residential furnishings industry is enjoying a surge in demand, and a lot of people don’t understand why (and wonder if it is here to stay). Here’s our take on it.
Why is furniture hot right now?
Our residential furnishings industry is enjoying a surge in demand, and a lot of people don’t understand why (and wonder if it is here to stay). Here’s our take on it.
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?
Market
Winter Las Vegas Market - Jan. 2018
The Las Vegas market was busy and upbeat – the halls felt packed and energetic. There were even rumors that this market set attendance records!
Winter Las Vegas Market - Jan. 2018
The Las Vegas market was busy and upbeat – the halls felt packed and energetic. There were even rumors that this market set attendance records!
Market
Winter Las Vegas Market - January 2016
We are pleased to welcome Stuart (Stump) Mullens to our firm as Vice President and a principal in the firm. Stuart continues the 3rd generation development of future leaders of The Stump Companies.
Winter Las Vegas Market - January 2016
We are pleased to welcome Stuart (Stump) Mullens to our firm as Vice President and a principal in the firm. Stuart continues the 3rd generation development of future leaders of The Stump Companies.
Market
Winter Las Vegas Market - January 2017
The Las Vegas Market continues to be an important market. The crowds were good and most exhibitors and visitors were optimistic about the coming year. After a year of relatively flat growth and negative political noise, people seemed ready to hit the ground running this year.
Winter Las Vegas Market - January 2017
The Las Vegas Market continues to be an important market. The crowds were good and most exhibitors and visitors were optimistic about the coming year. After a year of relatively flat growth and negative political noise, people seemed ready to hit the ground running this year.