News

Stump Interview with Axial

originally published in Axial's Middle Market Review

E-Commerce Drives Growth and M&A Opportunity in the Furniture Industry

by Dani Forman

Furniture runs deep in the Stump family DNA. Since 1972, the Stump family’s investment banking firm, Stump & Company, has successfully completed over 400 M&A transactions on behalf of their furniture-focused clients. That 50-year history has also given Stump & Co a front row seat to the evolution of the furniture industry as it ...

Neocon & Casual Show Recap

The Stump team attended both the September 20-23 Casual show and the October 4-6 Neocon show in Chicago's famed Merchandise Mart. After a long, COVID-induced pause, we found both to be upbeat despite mixed traffic.

Casual

First, observations on the Casual show held in late September. Outdoor furniture is a booming category as homeowners increasingly want more and better outdoor venues as they continue to spend more time at home. As we walked the ...

Vegas Markets Recap

The Stump team traveled to Las Vegas this week to attend the back-to-back residential market and the hospitality show. This two-for-one market special is a first, the result of the adjusted “COVID calendar”. But we think there may be advantages that provide some interesting and compelling opportunities for buyers to attend both shows to further blur the channels (read more about Stump’s perspective on the “hospi-dential” / “resi-mercial” trend in our past newsletters). We were pleased ...

BOLTON FURNITURE IS ACQUIRED BY TRADEMARK GLOBAL, A PORTFOLIO COMPANY OF BERTRAM CAPITAL

August 10, 2021

STUMP & COMPANY SERVED AS EXCLUSIVE FINANCIAL ADVISOR TO BOLTON FURNITURE

Trademark Global, LLC ("Trademark"), a portfolio company of Bertram Capital (“Bertram”) and a rapidly growing provider of high-quality products to the largest online retailers, has announced the acquisition of Bolton Furniture, Inc. ("Bolton"). Press release linked here.

Stump & Company (“Stump”) was pleased to initiate this transaction and serve as the exclusive financial advisor to Bolton. 

Founder Geoff Jackson has developed ...

June High Point Market Recap

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 ...

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