Deal Snapshot
STANDARD FURNITURE EXPANDS INTO STATIONARY UPHOLSTERY MARKET WITH ACQUISITION OF ALBANY INDUSTRIES
Wednesday 13 June 2018

Alabama, US-based furniture manufacturer Standard Furniture Manufacturing Company, LLC, an affiliate of private equity firm Aterian Investment Partners, has acquired Mississippi, US-based stationary upholstery furniture manufacturer Albany Industries, Inc. to expand into the stationary upholstery market, the company said.

The combination of Standard Furniture and Albany Industries creates a top 10 industry resource with a full range of home furnishing products and services.


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Details
Date Published: 13/06/2018
Target: Albany Industries
Country: USA
Sector: Furniture/Decorations/Home Furnishings
Type: LBO
Financing:
Status: Closed
Vendor:
Buyer: Standard Furniture Manufacturing
Buyer Advisor: Kirkland and Ellis
Comment:
Terms of the deal were not disclosed

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