KPS Capital Partners, the new owner of the Furniture Brands International brands, has renamed the company Heritage Home Group.
KPS Capital Partners is the winning bidder in the auction to acquire Furniture Brands
International's (OTC: FBNIQ) assets.
Then, there was one. One bidder for Furniture Brands International's assets in the company's bankruptcy auction originally set for today. The auction has been cancelled because only one qualified bid was received by yesterday's deadline.
ELK Group International has acquired decorative accessories vendor Lazy Susan USA through ELK’s sister company, Mount Summit Lighting.
The $3.45 million acquisition of furniture supplier Chromcraft Revington by apparel maker Sport-Haley is complete.
Four Hands CEO Matthew Briggs has successfully led a management buyout from private equity partner Kayne Anderson Capital Advisors, L.P.