GigaCloud Technology to Acquire New Classic Home Furnishings for $18 Million
October 25, 2025
GigaCloud Technology has entered into a binding term sheet to acquire 100% of New Classic Home Furnishings for $18 million. The deal expands GigaCloud’s channel-agnostic B2B marketplace from e-commerce into brick-and-mortar wholesale, combining New Classic’s retail relationships with GigaCloud’s technology and logistics capabilities.
- Buyers
- GigaCloud Technology
- Targets
- New Classic Home Furnishings
- Industry
- E-Commerce
- Location
- California, United States
- Transaction Type
- Buyout
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