The Situation: Flatbay Capital was approached by a well-known furniture retailer in the fourth quarter of 2023 with a refinance opportunity. The company, which has been operating since the early 1980s, has since grown into multiple locations across...
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May 29, 2024, 08:03 AM
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MidCap Business Credit completed an $8 million asset-based credit facility with a distributor of ready to assemble wooden furniture frames. The opportunity was sourced and closed out of MidCap’s regional office in West Hartford, CT. Seth Cooper...
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February 28, 2024, 07:47 AM
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First Citizens Bank's Middle Market Banking business provided $16 million in financing to Raymour & Flanigan for the purchase of an existing furniture showroom in White Plains, New York. Raymour & Flanigan is the seventh largest furniture retailer in...
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January 04, 2024, 07:56 AM
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SB360 Capital Partners, a leading asset disposition and advisory firm, has been selected as the exclusive agent for the disposition of finished goods, work-in-process inventory, and raw materials for Klaussner Furniture Industries, Inc., an Asheboro...
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October 25, 2023, 08:00 AM
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B. Riley Real Estate, subsidiary of B. Riley Financial, served as exclusive real estate advisor in connection with the United Furniture Industries, Inc. (“UFI”) Chapter 11 bankruptcy and related 363 asset sale of all its properties, including the...
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September 01, 2023, 07:00 AM
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Pathlight Capital and S.P. Richards Company have completed a $100 million Last-out transaction (the “Last-out”) as part of a Wells Fargo led $275 million Senior Secured Revolving Credit Facility. S.P. Richards is a leading national business products...
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October 26, 2021, 07:28 AM
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Tiger Group, a provider of asset valuation, advisory and disposition services, today announced that home furnishings industry veteran Mark Bannon has joined the firm as Director of Furniture Solutions. In this newly created position, Bannon will...
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October 10, 2018, 07:08 AM
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