As We Prepare for the October 2017 Furniture Market...
This fall has been a busy season in the M&A market and for Stump & Company. We have closed 2 transactions over the past 2 months, and have two more nearing completion in the weeks ahead. We have observed a compelling balance of buyers and sellers in all furniture industry sectors.
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.
And finally, Asian money continues to seek US investment, and is attracted to the growth in the hospitality industry. There is greater sophistication in acquisition strategy among prospective buyers, with a great deal of time and energy dedicated to identifying the right targets not just good targets.
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!
We welcome the opportunity to explore with you valuations or a transaction in this fast paced and open environment. Please give us a call.
We will see you in High Point in a couple of weeks.
Stump & Company specializes in assisting shareholders of furniture and furnishings companies who wish to sell their businesses. Our background and experience in successfully closing transactions make us leaders in dealing with the intricacies of business ownership and the issues of selling a business. All assignments to sell a company are based upon an exclusive contractual engagement with the business owner. We spend great amounts of time upfront with the owner(s), the Board of Directors, and other company advisors to qualify their true desire to sell the business. We have successfully closed over 400 transactions.