Winter Las Vegas Market - Jan. 2018
Categories: Market, News & Events | Published: Feb 1st 2018
The Las Vegas market was busy and upbeat – the halls felt packed and energetic. There were even rumors that this market set attendance records! This was despite several prominent companies abandoning destination showrooms at the Vegas market, which led to some select empty halls and corridors. Positivity was the dominant sentiment and it felt to many like the energy of the “go-go 1990s” had returned.
Quote of the market #1: “I came with ...
2017 in Review & 2018 in Preview
Categories: Mergers & Acquisitions, News & Events, Stump & Company | Published: Jan 15th 2018
The 2017 M&A climate was robust, at levels not seen since before the 2008 crash. This meant a terrific year in furniture acquisitions and for Stump & Company. Our boutique M&A firm closed 7 transactions across the Residential, Hospitality, & Contract sectors of the industry:
In addition to a record setting bull stock market, generous bank lending, and an upbeat economic environment, the 2017 M&A activity in furniture was the result of a confluence of ...
New York Hospitality Show: BDNY - November 2017
Categories: Market, News & Events | Published: Nov 16th 2017
BDNY (Boutique & Design: New York) was packed and energetic, with many companies reporting record traffic. The Javitz Center format continues to be a hit with small booths that enable companies to efficiently display capabilities and conduct meaningful business without an undue amount of overhead. In fact, BDNY has been deemed the fastest growing trade show in our industry.
We spoke with over 50+ industry CEOs during an action packed two days. Overall reports indicate ...
High Point - Confidence, Energy, Strong Capital Flow
Categories: Market, News & Events | Published: Oct 20th 2017
A Market On The Move!
The weeklong Fall Residential High Point Market was upbeat. The air seemed to be charged with a sense that this is A Market on the Move with new destination showrooms opening left and right and many more under construction, as well as the change of hands of the core of the High Point Markets’ real estate. The purchase of International Market Centers in High Point and Las Vegas by Blackstone ...
As We Prepare for the October 2017 Furniture Market...
Categories: Market, News & Events | Published: Sep 28th 2017
This fall has been a busy season in the M&A market and for Stump & Company. We have closed 2 transactions over the past 2 months, and have two more nearing completion in the weeks ahead. We have observed a compelling balance of buyers and sellers in all furniture industry sectors.
There are strong strategic buyers that are interested in growth and diversification of products. Private equity companies have invested in the space, which indicates ...
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