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October 2020 Market Update

The Stump team spent an uncharacteristically brief 24-hours in High Point last week at the Fall Market. With extra working days added for exhibitors, partially closed/“appointment-only” showroom policies, and ever-present COVID precautions we did not roam the halls nor shake hands as normal.

Nevertheless, we met with over 20 industry CEOs and owners, re-connected with old friends, and made several new connections. We also pitched a handful of potential buyers on two residential upholstery ...

September 2020 PreMarket

September 2020 High Point PreMarket

Masked and temperature checked (and with hand-sanitizer in pockets), our team spent two very upbeat days in High Point for PreMarket. Furniture Today called it the “mother of all PreMarkets” - we agree. Over 300 exhibitors officially participated with another 100+ exhibitors quietly open to customers by appointment. General consensus was that any attendee in town was there to write meaningful business. The attitudes of our clients and friends were incredibly ...

July 2020 Newsletter

Industry clients and friends:

We hope all of you have remained safe during the COVID-19 pandemic. We are now entering Month 6 of the crisis; while no immediate solution appears imminent at the time of this writing, we remain optimistic a vaccine and/or effective treatment will arise in the coming months and help us beat back the virus.

On a more positive note, we have noticed a significant uptick in business activity and M&A ...

Stuart Stump Mullens named in 40 under 40

Home Furnishings Business includes Stuart Stump Mullens, 31, in their Forty Under 40 list.

As a partner at Stump & Company, Stuart is responsible for all phases of merger & acquisition work, beginning with fundamental financial analysis, and working with furniture clients to execute the sale of their business. She manages the preparation of all offering memorandum materials, managing the sale process, and leading the legal negotiations and final sequencing of the closing. Now in her ...

Spring 2020 Market Update

 

“There will definitely be a new normal; but before that we will have a new abnormal.” 
-
Furniture Industry CEO

  

This has been a strange springtime for the world and the furniture industry. Typically, this season is a happy marathon for the Stump Team as we enjoy back to back markets kicking off in High Point in April, HD-Vegas in May, NeoCon in June, and finally the World Market in Vegas in ...

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Real Estate
The Stump Corporation
Specialists in industrial real estate brokerage in the Carolinas, Virginia and Tennessee.
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Mergers & Acquisitions
Stump & Company
Specialist in mergers and acquisitions, and investment banking.
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