client_transactions

SSG Client Transactions

Title

Kittle's Home Furnishings Center, Inc.
Client Profile

Client Profile

Kittle’s Home Furnishings Center, Inc. (“Kittle’s” or the “Company”) is a promotional to high-end furniture retailer headquartered in Indianapolis, Indiana. In 1996, the Company embarked on a strategy to establish a leading position in the Columbus, Ohio market by opening multiple retail locations and a distribution center. The retail stores are recognized destinations for a wide selection of furniture and bedding at multiple price points offered by a trained staff known for exemplary service.
Situation

Situation

While the Columbus operation was performing well, Kittle’s was open to a sale in order to focus entirely on its business in Indiana.
Solution

Solution

SSG was retained by the Company for the purposes of marketing the Columbus operation and soliciting offers from a select universe of strategic buyers with a compatible corporate culture. The offer from American Signature, Inc., a subsidiary of Schottenstein Stores Corporation, was accepted to maximize value for the Company and its stakeholders and assure a bright future for the Company’s Ohio employees.
September 2016
has sold its Columbus operation to
subsidiaries of
The undersigned acted as Investment Banker to
Kittle’s Home Furnishings Center, Inc. on this transaction

Call to learn more

Call to learn more

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