M&A Deal Summary

Standard Furniture Acquires Albany

On June 8, 2018, Standard Furniture acquired furniture company Albany

Acquisition Highlights
  • This is Standard Furniture’s 1st transaction in the Furniture sector.
  • This is Standard Furniture’s 1st transaction in the United States.
  • This is Standard Furniture’s 1st transaction in Mississippi.

M&A Deal Summary
Date 2018-06-08
Target Albany
Sector Furniture
Buyer(s) Standard Furniture
Deal Type Add-on Acquisition
Advisor(s) Stump & Co. (Financial)
Choate Hall & Stewart (Legal)

Target

Albany

New Albany, Mississippi, United States
Albany is a manufacturer of value-oriented stationary upholstery to key retail partners. Albany was founded in 1995 and is based in New Albany, Mississippi.

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Buyer(S) 1

Buyer

Standard Furniture

Bay Minette, Alabama, United States
Category Company
Founded 1946
Sector Furniture
DESCRIPTION

Standard Furniture is a manufacturer and importer of a wide variety of home furnishings focused on occasional tables, dining tables, chairs, bedroom furniture, upholstery, and accessories. Standard Furniture was founded in 1946 and is based in Bay Minette, Alabama.

DEAL STATS #
Overall 1 of 1
Sector (Furniture) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Mississippi) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Mergr

Product

Company

Legal