M&A Deal Summary

GigaCloud Technology Acquires New Classic Home Furniture

On October 24, 2025, GigaCloud Technology acquired furniture company New Classic Home Furniture for 18M USD

Acquisition Highlights
  • This is GigaCloud Technology’s 1st transaction in the Furniture sector.
  • This is GigaCloud Technology’s largest (disclosed) transaction.
  • This is GigaCloud Technology’s 2nd transaction in the United States.
  • This is GigaCloud Technology’s 1st transaction in California.

M&A Deal Summary

Date 2025-10-24
Target New Classic Home Furniture
Sector Furniture
Buyer(s) GigaCloud Technology
Deal Type Add-on Acquisition
Deal Value 18M USD

Target

New Classic Home Furniture

Fontana, California, United States
New Classic Home Furniture is a wholesaler and distributor of bedroom, dining, living room, and upholstered furniture to retailers nationwide. New Classic Home Furniture is based in Fontana, California.

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Buyer(S) 1

Buyer

GigaCloud Technology

El Monte, California, United States

Category Company
Founded 2006
Sector Information Technology
Employees1,561
Revenue 1.2B USD (2024)
DESCRIPTION

GigaCloud Technology provides global end-to-end b2b e-commerce solutions for large parcel merchandise. GigaCloud Technology’s b2b e-commerce platform, which it refers to as the gigacloud marketplace, integrates everything from discovery, payments, and logistics tools into one easy-to-use platform. GigaCloud Technology was founded in 2006 and is based in El Monte, California.


DEAL STATS #
Overall 2 of 2
Sector: Furniture M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-16 Wondersign

Tampa, Florida, United States

Wondersign is a cloud-based interactive digital signage and e-catalog management SaaS company Wondersign is based in Tampa, Florida.

Buy $10M