M&A Deal Summary

Meteor Acquires Worthington Contract Furniture

On May 17, 2022, Meteor acquired furniture company Worthington Contract Furniture

Acquisition Highlights
  • This is Meteor’s 2nd transaction in the Furniture sector.
  • This is Meteor’s 2nd transaction in the United States.
  • This is Meteor’s 1st transaction in Texas.

M&A Deal Summary
Date 2022-05-17
Target Worthington Contract Furniture
Sector Furniture
Buyer(s) Meteor
Deal Type Add-on Acquisition

Target

Worthington Contract Furniture

Austin, Texas, United States
Worthington Contract Furniture is a preeminent K–12 learning environment dealer that sells, installs, and represents over 100 commercial and educational furniture and equipment lines in the Austin and surrounding central Texas markets. Worthington Contract Furniture was founded in 2004 and is based in Austin, Texas.

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Buyer(S) 1

Buyer

Meteor

Gainesville, Florida, United States
Category Company
Founded 1967
Sector Education
DESCRIPTION

Meteor is a mission-focused company committed to accelerated engagement and transformed learning experiences for educators, students, and communities. The company has helped more than 1,000 K-12 school districts design and create high-impact prosocial learning environments that promote collaborative educational experiences. It focuses on integrating best practices for teaching and learning that successfully foster modern learning environments and increase student achievement. Meteor Education was founded in 1967 and is based in Gainesville, Florida.

DEAL STATS #
Overall 2 of 3
Sector (Furniture) 2 of 2
Type (Add-on Acquisition) 2 of 3
State (Texas) 1 of 1
Country (United States) 2 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-25 Premier F+E

Shell Rock, Iowa, United States

Premier F+E is a furniture store, that specializes in Turn-Key Project Management for educational facilities that are planning renovations, additions and new construction. Premier F+E was founded in 2016 and is based in Shell Rock, Iowa.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-07 Advanced Technologies Consultants

United States

Advanced Technologies Consultants is a provider of Career and Technical Education (CTE) training and equipment in both the secondary and post-secondary education markets. Advanced Technologies Consultants was founded in 1964 and is based in United States.

Buy -
Mergr

Product

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