M&A Deal Summary

Omni Workspace Company Acquires Target Commercial Interiors

On May 14, 2015, Omni Workspace Company acquired furniture company Target Commercial Interiors from Target

Acquisition Highlights
  • This is Omni Workspace Company’s 1st transaction in the Furniture sector.
  • This is Omni Workspace Company’s 1st transaction in the United States.
  • This is Omni Workspace Company’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2015-05-14
Target Target Commercial Interiors
Sector Furniture
Buyer(s) Omni Workspace Company
Sellers(s) Target
Deal Type Divestiture

Target

Target Commercial Interiors

Minneapolis, Minnesota, United States
Target Commercial Interiors supplies office furniture to Target’s Minneapolis headquarters and its other offices around the country.

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Buyer(S) 1

Buyer

Omni Workspace Company

Minneapolis, Minnesota, United States
Category Company
Sector Business Services
DESCRIPTION

Omni helps companies manage change with workspace transition, expansion and management services. Whether it’s full-service outsourcing, or staffing and managing specific projects, you can count on Omni Workspace for the resources you need locally and nationwide including office furniture installation, office relocation, hospitality, asset management and day to day scheduled maintenance and service.

DEAL STATS #
Overall 1 of 3
Sector (Furniture) 1 of 1
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 3
Year (2015) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-04 Hannaher s Workplace Interiors

Fargo, North Dakota, United States

Hannaher's Workplace Interiors is a steelcase dealer providing of office furniture and commercial interiors services. Hannaher's Workplace Interiors is bsaed in Fargo, North Dakota.

Buy -

Seller(S) 1

SELLER

Target

Minneapolis, Minnesota, United States
Category Company
Founded 1902
Sector Retail
Employees450,000
Revenue 109.1B USD (2023)
DESCRIPTION
View of Target's corporate headquarters in downtown Minneapolis, Minnesota.
View of Target's corporate headquarters in downtown Minneapolis, Minnesota.

Target is a general merchandise retailer serving the US market. The Target brand opened its first store in 1962 and currently operates more than 1,800 stores. Target was formerly known as Dayton Hudson Corp. which was originally founded in 1902. Target is based in Minneapolis, Minnesota.

DEAL STATS #
Overall 4 of 5
Sector (Furniture) 1 of 1
Type (Divestiture) 4 of 5
State (Minnesota) 3 of 4
Country (United States) 4 of 5
Year (2015) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-12 PoweredAnalytics

Pittsburgh, Pennsylvania, United States

PoweredAnalytics, Inc. is a provider of tools and expertise to turn your data into personalized targeting and valuable insight. PoweredAnalytics predictive analytics platform turns your existing data into a customized predictive model that plugs into your existing applications (like email marketing platforms, student information systems, or other 3rd party platforms).

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-15 Target - Pharmacy Business

Minneapolis, Minnesota, United States

Target Corp's Pharmacy Business consists of 1,660 instore pharmacies and clinics.

Sell $1.9B
Mergr

Product

Company

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