News

Welcome to the New Decade

After major headwinds the first three years of the 2010s, we can confidently claim the 2010s as a growth decade. Building on a terrific 2019, 2020 is without doubt off to a strong start.

M&A activity across the industry continues at a cyclical high. Approximately 20% of the residential furniture industry changed ownership, either through merger, acquisition, IPO, PE re-capitalization, or through liquidation during the past 40 months. We agree with many industry leaders that ...

What a market! BDNY 2019

BDNY November 2019 Update

We always enjoy the BDNY hospitality show, and 2019 was no different. Exhibitors were busy, attitudes upbeat, and both buyers and sellers seemed to enjoy themselves at the sleek Javits Center. As a favorite long-time client put it, “this show is the best. It’s finite [only 2 days], with qualified buyers, in a city people want to visit.” We couldn’t agree more.

We met with over 80 CEOs and key ...

High Point October 2019 Update

The High Point Market is the Super Bowl for the residential furniture industry. Historically, over 75,000+ people come to town twice a year to visit the 2,200 exhibitors that display their goods in over 12 million square feet of showroom space spread out over 150 buildings. Attendance varies, and we feel you can’t keep score anymore by the number of bodies in town. Today, as High Point re-emerges as the dominant global ...

Pre-High Point M&A Update

This has been a busy season in the M&A market. Activity remains strong across residential, hospitality, and contract furniture. We continue to observe a compelling balance of buyers and sellers in each of these furniture industry sectors. There are strong strategic buyers interested in growth and diversification of products and manufacturing capabilities. Private equity companies are investing in the space, indicating that there is additional investment to ...

Fellowes Brands Acquires Trendway Corporation

The Stump team is proud to have exclusively represented the selling shareholders in the August 13, 2019 acquisition of Trendway Corporation to Fellowes Brands, a global leader in business products since 1917. Read Fellowes Brand's announcement here.

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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