M&A Deal Summary

Brown Jordan Acquires Castelle Furniture

On May 21, 2019, Brown Jordan acquired furniture company Castelle Furniture

Acquisition Highlights
  • This is Brown Jordan’s 2nd transaction in the Furniture sector.
  • This is Brown Jordan’s 2nd transaction in the United States.
  • This is Brown Jordan’s 1st transaction in Florida.

M&A Deal Summary
Date 2019-05-21
Target Castelle Furniture
Sector Furniture
Buyer(s) Brown Jordan
Deal Type Add-on Acquisition

Target

Castelle Furniture

Fort Lauderdale, Florida, United States
website
Castelle Furniture is a manufacturer and marketer of high-quality, artisan-influenced aluminum outdoor furniture. Castelle Furniture is based in Fort Lauderdale, Florida.

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Buyer(S) 1

Buyer

Brown Jordan

St. Augustine, Florida, United States

website

Category Company
Founded 1994
Sector Furniture
Employees1,460
DESCRIPTION

Brown Jordan is a designer, manufacturer and marketer of quality home furnishings and contract furnishings, selling a full range of products. Brown Jordan International offers innovative designs, superior quality, efficient production methods and a strong portfolio of recognized brands including Brown Jordan, Winston, Casual Living Worldwide, Charter, Tropitone and Texacraft. Brown Jordan is based in St. Augustine, Florida.

DEAL STATS #
Overall 2 of 3
Sector (Furniture) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Florida) 1 of 2
Country (United States) 2 of 3
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-15 Tropitone Furniture

Irvine, California, United States

Tropitone Furniture Company, Inc. designs and manufactures indoor and outdoor casual furniture. The company offers extruded and cast aluminum patio and pool furniture, aluminum or wood market umbrellas, patio umbrellas, outdoor bar stools, chaise lounges, patio chairs, outdoor dining chairs, and outdoor furniture sets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-05 Pride Family Brands

Hollywood, Florida, United States

Pride Family Brands, Inc. designs, manufactures and distributes hand-forged artisan quality aluminum outdoor furniture under the Castelle, Prestige and Expressions brands, and designs and supplies promotional outdoor furniture under SummerWinds and private label brands.

Buy -
Mergr

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