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 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:
Thos…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.