Respected consumer brands are not common in lower middle market acquisitions, but Philip Hussey and Chenmark bought one.
Topics in Philip’s interview:
- Chenmark’s acquisition of Thomas Moser
- Leading a furniture business as a non-craftsman
- Chenmark’s hold-forever intention
- Wait times for custom, hand-made furniture
- Long tenure of craftsmen
- Commitment to world-class quality
- Getting away from offering discounts
- Building talent through their woodworker school
- Running a company with a strong legacy behind it
- Downside to owning your manufacturing
References and how to contact Philip:
Get a complimentary IT audit of your target business:
Learn more about Walker Deibel's done-with-you buy-side advisory:
Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:
Connect with Acquiring Minds:
Edited by Anton Rohozov
Produced by Pam Cameron
