How to Buy a Generational Brand with $20m in Sales

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 MoserLeading a furniture business as a non-craftsmanChenmark’s hold-forever intentionWait times for custom, hand-made furnitureLong tenure of craftsmenCommitment to world-class qualityGetting away from offering discountsBuilding talent through their woodworker schoolRunning a company with a strong legacy behind itDownside to owning your manufacturing References and how to contact Philip:LinkedInThos. MoserChenmark Get a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher Learn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition Lab Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:Pioneer Capital Advisory Connect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter Edited by Anton Rohozov Produced by Pam Cameron