Categories: Articles & Publications, Stump & Company | Published: Jan 13th 2021
Originally published in Business of Furniture
by Bo Stump and Stuart Stump Mullens
2020 will go down in history as an epic year of frustration, disappointment, hardship and much more. In the business world, however, we have seen an amazing stock market rally, encouraging data on a quick macro-economic recovery and positive signs for a stronger 2021.
In the commercial furniture sector, we are witnessing a seismic shift due to the work-from-home (WFO) movement, direct-to-consumer ...
Categories: Articles & Publications, Stump & Company | Published: Dec 1st 2020
Originally published in Axial
by Bo Stump
The furniture industry, like many others, has experienced rapid changes this year. Most notably: Consumption Patterns. The existential COVID-19 mandate to work (or for many, live) at home all day, every day, has been a boon to home and home office furnishings suppliers, as many consumers realized they needed a better home office, while others took the opportunity to upgrade dining and living areas. Many employers now give ...
Categories: Articles & Publications, Stump & Company | Published: Nov 20th 2020
Originally published in Home News Now
Stump & Co.’s Bo Stump is optimistic about the year ahead, projecting sustainable high demand and a supply chain gradually regaining balance
by Bo Stump
When 2020 began our country was dealing with a presidential impeachment process, a roaring economy, a record setting stock market, and hopes of sustaining a 10+ year business cycle.
On February 24th we attended Billy Joel’s monthly concert in NYC’s Madison ...
Categories: Deal Announcements, Mergers & Acquisitions | Published: Nov 18th 2020
November 18, 2020
Stump & Company (“Stump”) is pleased to announce that it served as the exclusive financial advisor to Vaughan Benz® in its recently completed acquisition by Mandy Li Collection®, which closed on Friday November 13th. Longtime friends of both high-end hospitality players, the Stump team was thrilled to bring these two parties together.
Vaughan Benz® founders David Benz and Scott Vaughan expressed a driving desire during the transaction to preserve the company's commitment ...
Categories: Deal Announcements, Mergers & Acquisitions | Published: Nov 6th 2020
November 6, 2020
Stump & Company (“Stump”) is pleased to announce that it served as the exclusive financial advisor to Urban Hardwoods, LLC (“Urban Hardwoods” or the “Company”) in its recently completed acquisition by Urban Lumber Company Inc. (“Urban Lumber”).
Founded in 2001, Urban Hardwoods specializes in the salvage, milling, curing, design and fabrication of beautiful live edge tables. Urban Hardwoods furniture is handcrafted in Seattle, Washington and ninety percent of materials are sourced ...
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- Q1 2021 Update
- A Furniture History Lesson
- BRAXTON CULLER, INC. IS ACQUIRED BY CLASSIC HOME, INC.
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