1847 Holdings Acquires CMD Inc. (Las Vegas Cabinetry, Millwork & Door Manufacturer)

1847 Holdings / 1847 Cabinet Acquires High Mountain Door & Trim and Sierra Homes

October 11, 2021

Building Products

1847 Holdings, through its 1847 Cabinet subsidiary, closed acquisitions of High Mountain Door & Trim Inc. and Sierra Homes, LLC, expanding its custom cabinetry footprint into Northern Nevada and the greater Lake Tahoe area. The deals, financed with cash, a $24.86 million senior secured convertible promissory note and seller notes, increase 1847 Cabinet's pro forma revenue to about $32 million and trailing EBITDA to $4.5 million and support the holding company's plan to begin quarterly dividends.

1847 Holdings Acquires Kyle's Custom Wood Shop

September 30, 2020

Building Products

1847 Holdings LLC has acquired Kyle's Custom Wood Shop, a Boise-based custom cabinetry maker, in a deal that closed September 30, 2020. The acquisition brings a profitable, regional cabinetry manufacturer into 1847's publicly traded holding-company portfolio to support regional expansion, capacity investments, and product-line/channel growth.

Builders FirstSource Acquires High Mountain Door & Trim from 1847 Holdings

November 15, 2024

Building Products

Builders FirstSource, Inc. has acquired High Mountain Door & Trim Inc., a Reno, Nevada-based finished carpentry and millwork business, from 1847 Holdings LLC for approximately $17 million. The business reported roughly $30 million in trailing twelve-month revenue and $2.8 million of adjusted EBITDA; 1847 said it will redeploy proceeds to pursue new acquisitions and other strategic initiatives.

Rubicon Partners Acquires CMD Limited from Ideal Industries

October 1, 2022

Manufacturing

Rubicon Partners has acquired 100% of CMD Limited from Ideal Industries Inc. CMD, a UK designer and manufacturer of power distribution and ergonomic workstation solutions with operations in Rotherham and a London showroom, will remain led by its existing management team under Rubicon ownership. The deal is the sixth investment by Rubicon through its Fund V and is intended to provide long-term clarity and support continued product development and market focus.

MasterBrand Acquires Supreme Cabinetry Brands for $520 Million

May 20, 2024

Building Products

MasterBrand, Inc., through its subsidiary MasterBrand Cabinets LLC, agreed to acquire Supreme Cabinetry Brands, Inc. from GHK Capital Partners LP for $520 million in cash. The deal (expected to close in Q3 2024) adds the premium brands Dura Supreme and Bertch to MasterBrand's portfolio, is expected to deliver $28 million of annual cost synergies by year three, and will be funded with cash on hand and incremental debt commitments.

1847 Holdings Acquires ICU Eyewear Holdings Inc.

February 13, 2023

Consumer Products

1847 Holdings LLC (NYSE American: EFSH) completed the acquisition of ICU Eyewear Holdings Inc., a designer and supplier of OTC reading glasses, sunglasses and specialty eyewear headquartered in Hollister, California. Total consideration was $4.5 million (approximately $4.0M cash plus $0.5M unsecured subordinated promissory notes); 1847 also closed ~$2.8M of unsecured debt financing with two institutional investors to support growth.