News

Let’s go to the Market(s)!

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

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

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.

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 ...

Furniture Today: Classic Home acquires Braxton Culler

Originally published in Furniture Today

By Thomas Russell

LOS ANGELES – Whole home furniture resource Classic Home has acquired upper end upholstery manufacturer Braxton Culler Inc., providing the company a domestic manufacturing presence in the upholstery segment.

The company did not reveal a purchase price for Braxton Culler, or other specifics of the deal, other than to say it has purchased 100% of the High Point area-based company.

In addition to a line of domestically ...

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The Stump Corporation
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