Teamshares Acquires Chariho Furniture

Hickory Furniture Collective Acquires Old Hickory Furniture Company

November 17, 2022

Manufacturing

Hickory Furniture Collective has acquired Old Hickory Furniture Company of Shelbyville, Indiana, bringing the historic brand into its family of American-made hickory furniture businesses. The Morrison family sold the business but Old Hickory's president, Bob Morrison, will remain in his role as the company is integrated to expand the buyer's retail and contract market presence while preserving manufacturing in Indiana.

Teamshares Acquires Sierra Home Alternatives

August 17, 2022

Building Products

Teamshares, a venture-backed platform that transitions small businesses to employee ownership, has acquired Sierra Home Alternatives, a fireplace and stove retail and service business based in Placerville, California. Founders Casey Kish and Parrish Stanton will retain a minority stake, all employees will be retained and given the opportunity to earn stock, and terms were not disclosed.

SER Capital Partners Acquires Charah Solutions

July 13, 2023

Environmental Services

Funds managed by SER Capital Partners completed the acquisition of Charah Solutions, Inc., a Louisville-based provider of environmental remediation, ash management and byproduct recycling services to the power generation industry, for $6.00 per share. The transaction (approved July 12, 2023) takes Charah private from Bernhard Capital Partners and other shareholders; Charah's outstanding 8.50% Senior Notes remain obligations of the company and the business will continue operating under SER with its existing management and nearly 600 employees.

Teamshares Acquires Maggie's Organics

May 4, 2023

E-Commerce

Teamshares, an employee-ownership platform based in New York, acquired Maggie's Organics of Dexter, Michigan, an organic apparel and home goods brand founded by Bená Burda. The transaction facilitates founder exit/retirement and transitions ownership toward employees (18 employees will own 10%), preserving Maggie's sustainable, fair-trade mission.

Herman Miller Acquires Knoll, Creating Market Leader in Modern Design

July 19, 2021

Manufacturing

Herman Miller completed its previously announced acquisition of Knoll, Inc., combining the two companies into a global leader in modern furniture and design. The transaction converted each Knoll share into 0.32 Herman Miller shares plus $11.00 in cash, leaving Herman Miller shareholders with about 78% of the combined company and Knoll shareholders with about 22%.

Hertz Furniture Acquires School Furnishings (School Furnishings of New England)

June 28, 2022

Building Products

Hertz Furniture, a national school furniture provider headquartered in New Jersey, has acquired School Furnishings of Hudson, New Hampshire. The acquisition expands Hertz Furniture’s footprint in the New England market and preserves the target’s employees and management while supporting Hertz’s growth strategy.