M&A Deal Summary

Polished Acquires AppliancesConnection.com

On October 26, 2020, Polished acquired e-commerce company AppliancesConnection.com for 210M USD

Acquisition Highlights
  • This is Polished’s 1st transaction in the E-Commerce sector.
  • This is Polished’s largest (disclosed) transaction.
  • This is Polished’s 1st transaction in the United States.
  • This is Polished’s 1st transaction in New York.

M&A Deal Summary

Date 2020-10-26
Target AppliancesConnection.com
Sector E-Commerce
Buyer(s) Polished
Deal Type Add-on Acquisition
Deal Value 210M USD

Target

AppliancesConnection.com

Brooklyn, New York, United States
website
AppliancesConnection.com is a retailer of household appliances with a 200,000 square foot warehouse in Hamilton, NJ, and a 23,000 square foot showroom in Brooklyn, New York. Appliances Connection carries many household name brands, including Bosch, GE, Frigidaire, Whirlpool, LG, and Samsung, and also carries many major luxury appliance brands such as Verona, Thermador, La Cornue, Dacor, Smeg, and Viking. Appliance Connection provides appliance installation services and old appliance removal services. AppliancesConnection.com was established in 1997 and is based in Brooklyn, New York.

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Buyer(S) 1

Buyer

Polished

Brooklyn, Missouri, United States

website


Category Company
Founded 1951
Sector E-Commerce
Employees482
Revenue 362M USD (2021)
DESCRIPTION

Polished is an independent retailer of discount appliances in the nation. It offers kitchen appliances, washers and dryers, furniture, lighting, plumbing fixtures, and mattresses. Polished was formed in 1951 and is based in Ballwin, Missouri.


DEAL STATS #
Overall 1 of 1
Sector (E-Commerce) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1