M&A Deal Summary

Creative Home Furniture Acquires Theodore Alexander USA

On December 21, 2016, Creative Home Furniture acquired furniture company Theodore Alexander USA from Navis Capital Partners

Acquisition Highlights
  • This is Creative Home Furniture’s 1st transaction in the Furniture sector.
  • This is Creative Home Furniture’s 1st transaction in the United States.
  • This is Creative Home Furniture’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2016-12-21
Target Theodore Alexander USA
Sector Furniture
Buyer(s) Creative Home Furniture
Sellers(s) Navis Capital Partners
Deal Type Add-on Acquisition

Target

Theodore Alexander USA

High Point, North Carolina, United States
Theodore Alexander USA is a manufacturer of fine furniture, with comprehensive collections of several thousand different designs; providing eclectic, traditional and transitional furniture and accessories to its clients. Using fine materials and traditional craftsmanship on each individual piece Theodore Alexander has become eminent in its field – renowned as a uni que brand embodying quality in design. Theodore Alexander USA is based in High Point, North Carolina.

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Buyer(S) 1

Buyer

Creative Home Furniture

Shenzhen City, China
Category Company
Sector Furniture
DESCRIPTION

Creative Home Furniture is the import and wholesale of high-end home furnishings in China. The CHF brand portfolio includes American brands Elizabeth Oxford Creations, Keno Bros. and Jamie Drake. European brands include Bazzi, CIAC, Armando Rho, Baldi and CG Capelletti. Creative Home Furniture is based in Shenzhen City, China

DEAL STATS #
Overall 1 of 1
Sector (Furniture) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1

Seller(S) 1

SELLER

Navis Capital Partners

Kuala Lampur, Malaysia

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1998
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Navis Capital Partners is a private equity firm focused on buyouts, recapitalizations and financial restructurings in Southeast Asia. Navis looks to invest between $15 and $100 million of equity per transaction in companies with up to $500 million in revenue. Navis does not specialize in any specific sector. Navis Capital Partners was formed in 1998 and is headquartered in Kuala Lampur, Malaysia.

DEAL STATS #
Overall 23 of 41
Sector (Furniture) 1 of 1
Type (Add-on Acquisition) 15 of 26
State (North Carolina) 1 of 1
Country (United States) 4 of 4
Year (2016) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-25 WorldMark

Victoria, Australia

WorldMark is a collection of boutique business brands supplying automotive aftercare products and services through various channels. WorldMark is based in Victoria, Australia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-23 Celebrity Fitness

Jakarta, Indonesia

Celebrity Fitness is an operator of fitness clubs across Asia. The Celebrity Fitness name was chosen for a reason: to convey that each member can exercise as if they are a celebrity. The clubs are designed with Hollywood and Beverly Hills' standards in mind, to pamper and give first quality service to our members. Staying true to the entertainment ambiance, Celebrity Fitness' venues are exclusive malls so that members can conveniently shop, dine or go to the cinema after working out in the gym. Celebrity Fitness was founded in 2003 and is based in Jakarta, Indonesia.

Sell -
Mergr

Product

Company

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