June High Point Market Recap
Categories: Market, Stump & Company | Published: Jun 13th 2021
The Spring, rescheduled to Summer, High Point market has now concluded and in our view it was a SUCCESS!
With lots of vacant showrooms, many exhibitors not showing, unprecedented June timing (first week of summer break for young families), a robust premarket, and no international visitors, we were not expecting a strong market. And Thursday-Friday was slow. But then… the crowds showed up and stayed. Until Tuesday! Positive attitudes from buyers, designers and retailers highlight ...
Let’s go to the Market(s)!
Categories: Market, News & Events, Stump & Company | Published: May 2nd 2021
Our team is excited to be back on planes and traveling!
We kicked off our return to in person markets with the Las Vegas Market, April 11-13. We expected a 50% crowd, but what we observed was probably less than that. It was disappointing to see the empty spaces in all 3 buildings, but there was great activity and energy on the lower floors. We also liked the new welcome center, check-in process and temporary ...
Q1 2021 Update
Categories: News & Events, Stump & Company | Published: Mar 31st 2021
The Stump team had a strong Q1 performance as the home furnishing industry continued its own impressive growth trends.
Merger and Acquisition interest is high, as evidenced with our recently announced transactions:
- Braxton Culler was acquired by Classic Home: a large global casegoods/lifestyle company acquiring a leading North Carolina better-end upholstery manufacturer.
- We saw broad interest in Braxton Culler from a variety of casegood companies, offshore importers, and other upholstery companies ...
A Furniture History Lesson
Categories: Articles & Publications, Stump & Company | Published: Mar 26th 2021
Originally published in Furniture Today
by Tim Stump
Our most recent transaction, the sale of Braxton Culler, Inc., is a classic win-win Stump deal, with clear synergies for the buyer and a terrific steward for Braxton’s compelling legacy. It is also a prime example of long-term relationships driving successful deals, as it has been our pleasure to know the Culler family for decades. We wanted to take a moment to reflect on the Company and ...
BRAXTON CULLER, INC. IS ACQUIRED BY CLASSIC HOME, INC.
Categories: Deal Announcements, Stump & Company | Published: Mar 15th 2021
March 15, 2021
Los Angeles, CA & High Point, NC
STUMP & COMPANY SERVED AS EXCLUSIVE FINANCIAL ADVISOR TO BRAXTON CULLER
Classic Home, Inc. announced today that it has acquired 100% of Braxton Culler, Inc., a leading manufacturer of higher end upholstery and occasional wood furniture based in High Point, NC. Classic Home is a Los Angeles based designer, importer and marketer of lifestyle furnishings, and the acquisition of Braxton Culler is its first entry ...
Recent Posts
- June High Point Market Recap
- Let’s go to the Market(s)!
- Q1 2021 Update
-
A Furniture History Lesson
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BRAXTON CULLER, INC. IS ACQUIRED BY CLASSIC HOME, INC.
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