Announced
Completed
Financials
Tags
Friendly
Majority
Domestic
Private
Completed
Household Furnishings
Acquisition
Single Bidder
home furnishings
United States
Synopsis
Franchise Group, an operator of franchised and franchisable businesses, completed the acquisition of Badcock, a family furniture store, for $580m. “We wanted to find a buyer who would respect our company’s long and storied history and, in Franchise Group, we immediately recognized a management group and a company that shared our values and will help WS Badcock build upon the legacy created by the current family and those who preceded us. We are confident that we are leaving our treasured company in good hands and that this decision will help to produce a winning combination for our customers, vendors, dealers and employees," Bill Pou, Badcock Chairman of the Board.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.