Daily News
From Home Furnishing Business
November 14,
2018 by Jane Chero in Acquisition, Designer Weekly, Industry
International Market Centers (IMC) has announced that the acquisition of the Atlanta Decorative Arts Center (ADAC), a leading design center housing the Southeast’s largest collection of luxury furnishings for residential, hospitality and commercial applications, has closed.
November 9,
2018 by Laurie Northington in Acquisition, Industry
Leggett & Platt (NYSE: LEG), a major supplier of furniture and bedding components, has announced that it has entered into a definitive agreement to acquire Elite Comfort Solutions, Inc. (ECS) for $1.25 billion in cash.
October 23,
2018 by Laurie Northington in Acquisition, Industry
Office furniture producer Kimball, a subsidiary of Kimball International, Inc. (NASDAQ: KBAL) has announced the pending acquisition of David Edward.
September 28,
2018 by Jane Chero in Acquisition, Industry
Parent Company of Century Furniture and Hancock and Moore, Rock House Farm Family of Brands (RHF Investments Inc.), has announced that it has received final court approval of its bid to acquire substantially all assets of the Hickory Chair, Maitland Smith, Pearson, and La Barge furniture brands from Heritage Home Group, LLC.
September 27,
2018 by Jane Chero in Acquisition, Industry
Private Equity firm J.W. Childs Associates, L.P. has acquired RTA Supplier Walker Edison from founders Brad Bonham and Matt Davis and Caltius Structured Capital (Caltius). Bonham and Davis will retain a significant ownership stake in the business.
September 24,
2018 by Jane Chero in Acquisition, Business Strategy, Industry
Furniture care resource Guardsman has announced its acquisition by the Amynta Group, an industry- leading group of warranty, managing general agent and specialty risk companies.
August 22,
2018 by Jane Chero in Acquisition, Business Strategy, Designer Weekly, Industry
On the heels of the recent merger between IMC and AmericasMart Atlanta, International Market Centers (IMC) has signed an agreement to acquire the Atlanta Decorative Arts Center (ADAC), a design facility that houses the Southeasts’ largest collection of residential, hospitality and commercial applications. The purchase should be completed by late September. Terms of the deal were not disclosed.