Oct. 1, 2019

Pre-High Point M&A Update

M&A Update 2019

This has been a busy season in the M&A market. Activity remains strong across residential, hospitality, and contract furniture. We continue to observe a compelling balance of buyers and sellers in each of these furniture industry sectors. 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. Finally, Asian money continues to seek US investment. 

This has also been a busy season for Stump. We have closed 2 transactions over the past 2 months, and have two more nearing completion in the weeks ahead. This is an exciting time in the market cycle to be entering the High Point Furniture Market.

Stump Team Update:
Stump is pleased to announce that Stuart Stump Mullens has been promoted to Partner and will continue to bring her insights and passion for the industry to the M&A team.

Key Take Aways:
• The M&A market is 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.
• Tariffs and E-Commerce are changing the rules. There is growth in our market, but it is only for those that have a compelling value proposition in this fast paced and open environment.
• Stump & Company is well positioned for the future and growth with a third generation securely in place.
• Now may be the time for you to sell! Give us a call if you would like to discuss valuations or a transaction.

Related News

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Let’s go to the Market(s)!

Many exhibitors indicated they are enjoying a more regular High Point presence with their customers, via the First Tuesday initiative and other private meetings at the showrooms.

Let’s go to the Market(s)!

Many exhibitors indicated they are enjoying a more regular High Point presence with their customers, via the First Tuesday initiative and other private meetings at the showrooms.
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HD Expo

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.
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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.
HighPoint Market Oct 2019
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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.
HighPoint Market Oct 2019

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.