Add-on Acquisition • Furniture

HB Workplaces Acquires MBI Seattle

On January 13, 2025, HB Workplaces acquired furniture company MBI Seattle

Acquisition Context

This is HB Workplaces’ 2nd transaction in the Furniture sector.
This is HB Workplaces’ 2nd transaction in the United States.
This is HB Workplaces’ 1st transaction in Washington.

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M&A Deal Summary
Date	January 13, 2025
Target	MBI Seattle
Sector	Furniture
Buyer(s)	HB Workplaces
Deal Type	Add-on Acquisition

Target Company

MBI Seattle

Seattle, Washington, United States

MBI Seattle is a full-service office furniture dealer, providing creative interior solutions, space planning, design, installation, and facility management services. MBI Seattle was founded in 1972 and is based in Seattle, Washington.

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Buyer Overview 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 Context for Buyer	#
Overall	2 of 2
Sector: Furniture	2 of 2
Type: Add-on Acquisition	2 of 2
State: Washington	1 of 1
Country: United States	2 of 2
Year: 2025	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2024-07-30	MBI Business Designs Salt Lake City, Utah, United States MBI Business Designs provides furniture and design services in Salt Lake City, Utah.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2024-07-30

MBI Business Designs

Salt Lake City, Utah, United States

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

Buy

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