Seeking Alpha

Bob's Discount Furniture sold to Bain Capital

  • Bob's Discount Furniture changes P-E hands, going to Bain Capital from Apax Partners.
  • A deal for the furniture store chain is believed to be in the neighborhood of $350M.
  • The company is in an aggressive expansion mode and in some markets competes with La-Z-Boy (LZB +0.7%), Tempur Sealy (TPX +0.4%), Bassett Furniture (BSET -0.2%), Ethan Allen (ETH -0.3%), and Pier 1 Imports (PIR -0.3%).
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Comments (1)
  • wam350
    , contributor
    Comments (131) | Send Message
     
    Long HOFT, like LZB but recent run up was to steep, will wait.
    30 Dec 2013, 10:37 AM Reply Like
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