BDA advises Navis Capital Partners on the sale of Theodore Alexander to Creative Home Furniture

BDA Partners is pleased to announce that its client, Navis Capital Partners (“Navis”), along with other minority shareholders, have completed the sale of 100% stake in Theodore Alexander Inc. (“TA” or “the Company”) to Creative Home Furniture Co., Ltd. (“CHF”). The terms of the transaction were not disclosed. BDA acted as exclusive financial advisor to Navis.

Established in 1996 in Vietnam, TA is the largest premium furniture manufacturer and exporter in Asia. It designs, manufactures and markets high-end quality case goods and upholstery globally under its own Theodore Alexander brand and licensed brands, including Althorp, Keno Brothers, Jamie Drake and Michael Berman Califolio. It also acts as a high-end private label manufacturer for leading single-brand retailers, distributors and wholesalers.

Paul DiGiacomo, Managing Director at BDA, commented: “We are delighted to have advised Navis on its successful exit. We believe both TA and CHF will benefit greatly from this transaction. This transaction showcases BDA’s expertise in the consumer sector in Southeast Asia and demonstrates the depth of our ability to run global sell-side transactions for private equity clients.”