<p>Respected consumer brands are not common in lower middle market acquisitions, but Philip Hussey and Chenmark bought one.</p><p>Topics in Philip’s interview:</p><ul><li>Chenmark’s acquisition of Thomas Moser</li><li>Leading a furniture business as a non-craftsman</li><li>Chenmark’s hold-forever intention</li><li>Wait times for custom, hand-made furniture</li><li>Long tenure of craftsmen</li><li>Commitment to world-class quality</li><li>Getting away from offering discounts</li><li>Building talent through their woodworker school</li><li>Running a company with a strong legacy behind it</li><li>Downside to owning your manufacturing</li></ul><p>References and how to contact Philip:</p><ul><li><a href="https://www.linkedin.com/in/philipdhussey/">LinkedIn</a></li><li><a href="https://www.thosmoser.com">Thos. Moser</a></li><li><a href="https://chenmark.com/">Chenmark</a></li></ul><p>Get a complimentary IT audit of your target business:</p><ul><li>Email Nick Akers at <a href="mailto:nick@inzotechnologies.com">nick@inzotechnologies.com</a>, and tell him you’re a searcher</li></ul><p>Learn more about Walker Deibel's done-with-you buy-side advisory:</p><ul><li><a href="https://bit.ly/3JPAYQI">The Acquisition Lab</a></li></ul><p>Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:</p><ul><li><a href="https://bit.ly/43gVGBX">Pioneer Capital Advisory</a></li></ul><p>Connect with Acquiring Minds:</p><ul><li>See past + future interviews on the <a href="https://www.youtube.com/c/AcquiringMinds">YouTube channel</a></li><li>Connect with host <a href="https://www.linkedin.com/in/willsmithsf/">Will Smith on LinkedIn</a></li><li>Follow <a href="https://twitter.com/whentheresawill">Will on Twitter</a></li></ul><p>Edited by Anton Rohozov<br>Produced by Pam Cameron</p>

Acquiring Minds

Will Smith

How to Buy a Generational Brand with $20m in Sales

DEC 18, 202577 MIN
Acquiring Minds

How to Buy a Generational Brand with $20m in Sales

DEC 18, 202577 MIN

Description

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 MoserLeading a furniture business as a non-craftsmanChenmark’s hold-forever intentionWait times for custom, hand-made furnitureLong tenure of craftsmenCommitment to world-class qualityGetting away from offering discountsBuilding talent through their woodworker schoolRunning a company with a strong legacy behind itDownside to owning your manufacturingReferences and how to contact Philip:LinkedInThos. MoserChenmarkGet a complimentary IT audit of your target business:Email Nick Akers at [email protected], and tell him you’re a searcherLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabWork with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:Pioneer Capital AdvisoryConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron