![]() Southern Motion, Inc., founded in 1969, is a privately held business headquartered in Pontotoc, Mississippi that designs, manufactures and markets upholstered motion furniture. This transaction provided liquidity for the shareholders and the ESOP while providing additional capital for continued domestic and international expansion. served as a financial advisor to management and to the Board of Directors for numerous years and then acted as the Company’s exclusive investment banker during a merger and recapitalization with its one of its original licensees, located in Canada and backed by private equity. Additionally, the Company had substantial ownership vested in an Employee Stock Ownership Program. Kingsdown was privately owned with most of the stock being held for multiple generations by local families. Kingsdown manufactures in geographically dispersed factories throughout the U.S., ships product domestically and internationally and additionally has a very successful international licensee program. Over the years, Kingsdown has launched many innovations such as the Sleep to Live Institute, the DormoDiagnostics and bedMatch technology and most recently the Body Perfect Sleep System. Kingsdown, Incorporated was originally formed as The Mebane Bedding Company in 1904 in Mebane, North Carolina. ![]() ![]() This acquisition accelerated Rent-A-Center’s virtual rent-to-own position within the industry. Merchants Preferred was founded in 2012 in Atlanta, Georgia. Rent-A-Center acquired substantially all of the assets of C/C Financial Corp doing business as Merchants Preferred, a nationwide provider of virtual rent-ho-own services. served as the exclusive financial advisor to Rent-A-Center with the purpose to acquire a virtual RTO service company. Rent-A-Center, Inc., a publicly owned company headquartered in Plano, Texas, is a leader in the Rent-To-Own (“RTO”) industry, which provides customers the opportunity to obtain consumer electronics, appliances, computers, wheels and tires, furniture and accessories through a rental purchase agreement and also provides merchandise on an installment sales basis and RTO transactions to consumers who do not qualify for financing from the traditional retailer through kiosks in its’ RTO retail locations. served as the exclusive financial advisor to Eastern Sleep Products, Inc. ![]() Corsicana Mattress Company is owned by Long Point Capital, a private equity firm based in New York. The combined entities will operate 16 manufacturing facilities and employ more than 1,300 employees. The acquisition included multiple manufacturing facilities throughout the nation as well as the corporate headquarters in Richmond. The Company has been acquired by Corsicana Mattress Company, founded in 1971, based in Corsicana, Texas and believed to be the largest mattress and related component unit manufacturer in the United States. Badcock Corporation.Įastern Sleep Products, Inc., D/B/A Symbol Mattress, a privately owned entity founded in 1961 and based in Richmond, Virginia, is a national bedding manufacturer with a broad product line ranging from entry level promotional to premium price point product. served as the exclusive financial advisor to W.S. FRG currently operates more than 3,000 locations, primarily in the U.S. FRG is headquartered in Delaware, Ohio, and owns and operates numerous franchised and franchisable businesses, such as Pet Supplies Plus, American Freight, The Vitamin Shoppe, Buddy’s Home Furnishings and Sylvan Learning. Badcock was acquired by publicly-traded Franchise Group, Inc. The stores carry a complete line of furniture, appliances, bedding, electronics, home office equipment, accessories and seasonal items. The Company operates 383 stores in eight states, with a combination of corporate-owned locations and dealer-owned locations. Badcock Corporation, D/B/A Badcock Home Furniture &More (“Badcock”), a fifth-generation family business, was founded in 1904 and based in Mulberry, Florida, is a leading home furnishings retail company in the Southeast U.S.
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