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Dec. 30, 2013, 10:26 AM
- 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%).
La-Z-Boy Inc through its subsidiaries manufactures, markets, imports, distributes and retails upholstery furniture products. In addition, it imports, distributes and retails accessories and wood furniture products.
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