Daily News
From Home Furnishing Business
September 27,
2017 by Larry Thomas in Acquisition, Business Strategy, Economic News, Industry
The private equity group Blackstone said funds managed by Blackstone Real Estate Partners and Blackstone Tactical Opportunities have completed the previously announced acquisition of International Market Centers, the largest showroom owner in High Point and owner of the World Market Center in Las Vegas.
September 8,
2017 by Larry Thomas in Acquisition, Business Strategy, Industry
Hooker Furniture (NASDAQ:HOFT) said it has signed a definitive agreement to acquire Valdese, N.C.-based Shenandoah Furniture, an upscale domestic upholstery manufacturer.
July 28,
2017 by Larry Thomas in Acquisition, Economic News, Industry
Rent-to-own major Aaron’s Inc. (NYSE: AAN) said second-quarter revenues rose 3.3% to $815.6 million as the company’s Progressive Leasing business continue to pace top-line growth.
July 6,
2017 by Larry Thomas in Acquisition, Business Strategy, Industry
International Market Centers, which owns the World Market Center in Las Vegas and about two-thirds of the showroom space in High Point, has agreed to be acquired by investment funds managed by Blackstone Real Estate Partners and Blackstone Tactical Opportunities.
June 7,
2017 by Larry Thomas in Acquisition, Industry
Motion upholstery producer Southern Motion has agreed to be acquired by the private equity firm Gainline Capital Partners LP.
May 3,
2017 by Jane Chero in Acquisition, Designer Weekly, Industry
20-20 Technologies Inc. ("2020"), a leading provider of interior space planning software solutions, has announced that it has entered into an agreement to be acquired by San Francisco-based Golden Gate Capital, a leading private equity investment firm.
February 16,
2017 by Larry Thomas in Acquisition, Industry
Samson Holding Company, parent company of Universal Furniture, Legacy Classic and Craftmaster, has agreed to acquire high-end brands Baker, Milling Road and McGuire from Kohler Co.