Add-on Acquisition • Furniture

Twin-Star International Acquires TK Classics

On January 27, 2020, Twin-Star International acquired furniture company TK Classics

Acquisition Context
  • This is Twin-Star International’s 1st transaction in the Furniture sector.
  • This is Twin-Star International’s 2nd transaction in the United States.
  • This is Twin-Star International’s 1st transaction in California.

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M&A Deal Summary

Date January 27, 2020
Target TK Classics
Sector Furniture
Buyer(s) Twin-Star International
Deal Type Add-on Acquisition

Target Company

TK Classics

West Sacramento, California, United States
TK Classics is a manufacturer and distributor that specialize in custom patio furniture at discount prices to furnish any space for any season. TK Classics is based in West Sacramento, California.
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Buyer Overview 1

Buyer

Twin-Star International

Delray Beach, Florida, United States

Category Company
Founded 1996
Sector Electrical Equipment
DESCRIPTION

Twin-Star International, Inc. is a designer and marketer of decorative electric fireplaces and bathroom vanities. Through a continuous focus on designing high quality, aesthetically pleasing products, Twin-Star has achieved leading market positions in the large and growing electric fireplace category and is the primary supplier of the category to leading retailers across various channels.


Deal Context for Buyer #
Overall 2 of 3
Sector: Furniture 1 of 1
Type: Add-on Acquisition 2 of 3
State: California 1 of 1
Country: United States 2 of 3
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-13 Bell O International

Morganville, New Jersey, United States

Bell’O International is a global designer and manufacturer of premium consumer electronics accessories, mounts and furniture. Company offers hundreds of highly regarded products including: Bell’O audio/video furniture, home theater seating, computer desks and beds, as well as Bell’O Digital consumer electronics accessories including: flat panel TV mounts.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-21 Classic Accessories

Kent, Washington, United States

Classic Accessories is a designer and distributor of outdoor product covers. Classic Accessories' products protect and cover consumers' outdoor gear, including cars, RVs, motorcycles, patio furniture, grills, boats, snowmobiles, power equipment, generators, ATVs, UTVs, and golf carts. Classic Accessories was founded in 1983 and is based in Kent, Washington.

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