M&A Deal Summary |
|
|---|---|
| Date | 2008-02-01 |
| Target | Brandrud Furniture |
| Sector | Furniture |
| Buyer(s) | MillerKnoll |
| Sellers(s) | Peterson Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1905 |
| Sector | Furniture |
| Employees | 11,300 |
| Revenue | 3.9B USD (2022) |
MillerKnoll researches, designs, manufactures, and distributes interior furnishings for use in various environments including office, healthcare, educational, and residential settings, and provides related services that support organizations and individuals all over the world. Through research, the Company seeks to define and clarify customer needs and problems existing in its markets and to design, through innovation where appropriate and feasible, products, systems, and services that serve as compelling solutions to such problems. Herman Miller's products are sold primarily through independent contract furniture dealers, direct customer sales, owned and independent retailers, direct-mail catalogs, and the company's online stores. MillerKnoll was formed in 1905 and is based in Zeeland, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 10 |
| Sector (Furniture) | 2 of 8 |
| Type (Add-on Acquisition) | 2 of 9 |
| State (Wisconsin) | 1 of 2 |
| Country (United States) | 2 of 6 |
| Year (2008) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-07-30 |
Geiger Group
Atlanta, Georgia, United States Geiger Brickel is a manufacturer of high quality wood furnishings for the contract furniture industry, including casegoods, freestanding furniture, and seating. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-06-24 |
Nemschoff
Sheboygan, Wisconsin, United States Nemschoff is a manufacturer of high-quality, leading-edge design and is recognized as a market leader in healthcare furnishings, with specific strength in soft seating and the patient care environment. |
Buy | $63M |
| Category | Asset Manager |
|---|---|
| Founded | 1995 |
| PE ASSETS | 350M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Peterson Partners is a private equity firm that targets investments in lower middle-market growth companies located in the Western US. Peterson looks to commit between $5 and $25 million of equity in companies generating sales of at least $5 million. Sectors of interest include consumer products and services, business services, and manufacturing. Peterson Partners was formed in 1995 and is based in Salt Lake City, Utah.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 31 |
| Sector (Furniture) | 1 of 1 |
| Type (Add-on Acquisition) | 5 of 10 |
| State (Wisconsin) | 1 of 1 |
| Country (United States) | 10 of 28 |
| Year (2008) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-01-04 |
Cranium
Seattle, Washington, United States Cranium develops and sells award-winning family, adult and children's games focused on knowledge and discovery with a mission to lighten and enlighten people's lives'. |
Sell | $78M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-03-01 |
Azul Linhas Aereas Brasileiras SA
Barueri, Brazil Azul Linhas Aereas Brasileiras is a Brazilian low-cost airlines. |
Buy | - |
