M&A Deal Summary

HB Workplaces Acquires MBI Business Designs

On July 30, 2024, HB Workplaces acquired furniture company MBI Business Designs

Acquisition Highlights
  • This is HB Workplaces’ 1st transaction in the Furniture sector.
  • This is HB Workplaces’ 1st transaction in the United States.
  • This is HB Workplaces’ 1st transaction in Utah.

M&A Deal Summary

Date 2024-07-30
Target MBI Business Designs
Sector Furniture
Buyer(s) HB Workplaces
Deal Type Add-on Acquisition

Target

MBI Business Designs

Salt Lake City, Utah, United States
MBI Business Designs provides furniture and design services in Salt Lake City, Utah.

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Buyer(S) 1

Buyer

HB Workplaces

Draper, Utah, United States

Category Company
Founded 1980
Sector Furniture
DESCRIPTION

HB Workplaces is an office furniture and design industry that offers workspaces with innovative designs and sustainable practices that elevate employee wellness and productivity. HB Workplaces was formed in 1980 and is headquartered in Draper, Utah.


DEAL STATS #
Overall 1 of 1
Sector (Furniture) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1