We're in the middle of a mergers & acquisitions frenzy in the home industry. Consultant Randy Eller explains why, and offers helpful tips for those looking to get into the action.
Americans have been buying a lot of home goods over the past 18 months—that’s obvious. Less obvious has been the boom in buying and selling of home companies themselves. Herman Miller bought Knoll. Food52 bought Dansk. Design Holding bought YDesign. Beneath those marquee names, hundreds of brands have been changing hands at a feverish pace. It’s mergers and acquisitions season.
In the latest episode of Retail Watch, industry consultant and M&A expert Randy Eller explains why we're in a buying and selling frenzy and gives some helpful tips for anyone who’s considering putting their business on the market (surprisingly, the first question you should ask has nothing to do with money).
This episode is sponsored by Square.
LINKS
Randy Eller
Business of Home