M&A Deal Summary

Art Van Furniture Acquires Wolf Furniture

On November 27, 2017, Art Van Furniture acquired retailer Wolf Furniture

Acquisition Highlights
  • This is Art Van Furniture’s 3rd transaction in the Retail sector.
  • This is Art Van Furniture’s 3rd transaction in the United States.
  • This is Art Van Furniture’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2017-11-27
Target Wolf Furniture
Sector Retail
Buyer(s) Art Van Furniture
Deal Type Add-on Acquisition

Target

Wolf Furniture

Altoona, Pennsylvania, United States
Wolf Furniture is a furniture retailer that offers sofa sets, beds, dining tables, lighting products and interior decoration services. Wolf Furniture was established in 1902 and is based in Altoona, Pennsylvania.

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Buyer(S) 1

Buyer

Art Van Furniture

Ann Arbor, Michigan, United States
Category Company
Founded 1959
Sector Retail
DESCRIPTION

Art Van Furniture is a furniture retailer. The company operates 100 stores throughout michigan, illinois, ohio, and indiana, including freestanding Art Van pureSleep mattress stores, Art Van flooring stores, and Art Van Furniture franchise locations as well as a full service e-commerce website. Art Van Furniture was founded in 1959 and is based in Ann Arbor, Michigan.

DEAL STATS #
Overall 3 of 3
Sector (Retail) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Pennsylvania) 1 of 1
Country (United States) 3 of 3
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-27 Levin Furniture

Akron, Ohio, United States

Levin Furniture is a chain of furniture stores and has 35 furniture and mattress showrooms and clearance centers. Levin Furniture was established in 1902 and is based in Akron, Ohio.

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