Buyout (LBO, MBO, MBI) • Furniture

Lakewood Capital Acquires Bomar Industries International

On January 1, 1997, private equity firm Lakewood Capital acquired furniture company Bomar Industries International

Acquisition Context
  • This is Lakewood Capital’s 1st transaction in the Furniture sector.
  • This is Lakewood Capital’s 2nd transaction in the United States.
  • This is Lakewood Capital’s 1st transaction in Florida.
Investment Fate
  • Bomar Industries International went bankrupt in 2010.

Explore All 177 Buyout (LBO, MBO, MBI) Furniture Deals - Search the Database Free


M&A Deal Summary

Date January 1, 1997
Target Bomar Industries International
Sector Furniture
Buyer(s) Lakewood Capital
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Bomar Industries International

Lake Worth, Florida, United States
Bomar Industries International, Inc. designs and manufactures specialty trimmings primarily for the home furnishings industry. The Company works closely with furniture manufacturers, interior designers and design houses to develop complementary accessory trimmings, including fringe, cording, and tassels to enhance its customer offerings.
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Buyer Overview 1

Buyer

Lakewood Capital

Rowayton, Connecticut, United States

Investor


Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

Lakewood Capital is a private equity firm that invests in profitable, mid-sized companies with EBITDA of $2 to $25 million. Lakewood focuses on opportunities in healthcare and industrial manufacturing services. Lakewood Capital was founded in 2007 and is based in Rowayton, Connecticut.


Deal Context for Buyer #
Overall 2 of 8
Sector: Furniture 1 of 1
Type: Buyout (LBO, MBO, MBI) 2 of 7
State: Florida 1 of 1
Country: United States 2 of 8
Year: 1997 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1994-01-01 ABS Global

DeForest, Wisconsin, United States

ABS Global, Inc. is a provider of bovine genetics, reproduction services, technologies and udder care products. ABS Global was founded in 1941 and is based in DeForest, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-02-01 HB&G

Troy, Alabama, United States

HB&G is a designer and manufacturer of synthetic and wood specialty millwork, consisting primarily of exterior and interior columns, as well as exterior posts, railings, and ceilings for porch and deck applications. HB&G was founded in 1880 and is based in Troy, Michigan.

Buy -