M&A Deal Summary

F. Schumacher Acquires Backdrop

On May 12, 2021, F. Schumacher acquired chemicals company Backdrop

Acquisition Highlights
  • This is F. Schumacher’s 1st transaction in the Chemicals sector.
  • This is F. Schumacher’s 1st transaction in the United States.
  • This is F. Schumacher’s 1st transaction in New York.

M&A Deal Summary
Date 2021-05-12
Target Backdrop
Sector Chemicals
Buyer(s) F. Schumacher
Deal Type Add-on Acquisition

Target

Backdrop

New York, New York, United States
Backdrop is a digitally native paint and design brand the whole process of painting from start to finish—from curating the perfect color palette to sourcing the highest quality supplies. Backdrop offers premium, Green Wise certified, and low-VOC paints that come in beautifully redesigned, paint cans, 12x 12'' removable adhesive samples, the highest quality supplies, and a perfectly curated palette of 50+ colors – all quickly delivered to your door. Backdrop was founded in 2018 and is based in New York City.

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Buyer(S) 1

Buyer

F. Schumacher

New York, New York, United States
Category Company
Founded 1889
Sector Apparel/Textiles
DESCRIPTION

F. Schumacher is a family-owned design house driven by a shared belief that design makes a difference. F. Schumacher sets trends, and it leaves a mark. F. Schumacher champions individual style and the collective practice of transformational interior design. F. Schumacher also partners with the most brilliant trendsetters in design and fashion to advance it. F. Schumacher was founded in 1889 and is based in New York City.

DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

Product

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