Facilitating the Successful Sale of Furniture Manufacturing Company in Gadsden, AL

Optics Capital Advisors is excited to announce the successful sale of a Gadsden, AL-based furniture and case goods manufacturing company to an undisclosed purchasing group. The transaction, finalized in July 2024, preserved valuable relationships and built a path for continued success of the business under new ownership.

The company, which has been a leader in the production of high-quality furniture for long-term care facilities and hospitality clients across the U.S., has a workforce of over 50 employees and maintains a vast network of distributors, sales rep organizations, and direct client relationships. The transition of ownership not only ensures the continued growth of the business, but also safeguards the livelihoods of the many employees and partners that rely on its success.

Optics Capital Advisors’ Role in the Transaction

As the advisor to the seller, Optics took the lead in managing the sale and ensuring a smooth transition. We conducted a competitive bidding process that attracted multiple offers from qualified buyers. Our focus was on preserving the value of the business while ensuring that the new owners were well-positioned to continue its legacy of quality and service.

Thanks to Our Partnerships in the Process

The success of this transaction was made possible through collaboration with trusted partners. River Bank (Gadsden) provided financial support to the purchasing group, and legal advisory was handled by Knowles & Sullivan, LLC. These key partnerships helped ensure the smooth execution of the transaction and provided the necessary infrastructure to complete the deal without complications.

The Purchasing Group and Future Growth

The purchasing group, which operates a multi-concept holding company with roots in consumer home services and retail, is equally excited about the future of the acquired company. The new owners have set ambitious growth initiatives for the company, aiming to expand its presence in the long-term care and hospitality sectors. This transaction marks the beginning of an exciting new chapter for both the company and its stakeholders. We wish the purchasing group the best as they look to continue their track record as successful operators.

Contact Us

If you’re considering the sale of your business or exploring growth opportunities through acquisitions, Optics Capital Advisors is here to guide you through every step of the process. Contact us today for a consultation and see how we can help you achieve your goals.