The Company is a leading provider of comprehensive furniture and facility solutions for K-12 schools, higher-education institutions, healthcare facilities, and other commercial customers. The Company offers furniture, fixed and auditorium seating, lockers, restroom partitions, marker boards, and white-glove delivery services. Supported by an experienced leadership team, strong customer and architectural relationships, and a scalable operating platform, the Company is well positioned for continued organic and acquisition-driven growth.
Key Aspects
· The Company generated average adjusted EBITDA of $2.8 million from 2023 through 2025 while maintaining a consistent 9.0% adjusted EBITDA margin.
· The Company has developed into one of the region's largest privately held contract and project furniture dealerships, with revenue increasing from $4.5 million in 2014 to a record $32.0 million in 2025.
· The Company provides comprehensive, end-to-end facility solutions across furniture, fixed seating, Division 10 products, project management, and white-glove delivery and installation services, positioning the Company as a single-source partner for new-construction and renovation projects as well as a day-to-day transactional furniture business.
· The Company is supported by an experienced leadership team expected to remain post-transaction, longstanding customer and supplier relationships, and a strong backlog, with $18.2 million remaining to be billed on signed contracts through 2027.
Opportunities
· Expand into adjacent markets by leveraging the Company's recently hired sales representatives and established project management, administrative and back-office infrastructure.
· Broaden the Company's presence in healthcare, higher education, and other institutional end markets through dedicated sales resources and targeted business-development initiatives.
· Expand the Company's product portfolio across furniture, fixed seating, and Division 10 categories to increase cross-selling opportunities and capture a greater share of customer project expenditures.
· Leverage longstanding customer relationships and a substantial base of contracted projects to generate follow-on day-to-day transactional, renovation, expansion, and new facility construction opportunities.
Headquartered
· Midwest, United States
Current Markets
· The Company primarily serves the K-12 education market, as well as career education centers, municipal and government organizations, higher education institutions, religious institutions, and commercial clients.
Real Estate
· The Company operates from a headquarters facility leased from an unrelated third-party.
· Management expects the lease to be assumable and notes that the Company is easily relocatable.
Shareholder Objectives
· The Company is owned by a parent company that is pursuing a strategic divestiture of the Company as part of a portfolio rebalancing and liquidity strategy.
