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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