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Furniture company gets new name, leadership

2013-11-26 15:58:31| Furniture - Topix.net

On Monday KPS Capital Partners announced the formation of a new company, Heritage Home Group, to take the place of the Furniture Brands name; the resignation of CEO Ralph Scozzafava; and the appointment of a new CEO and board of directors.

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KPS is sole bidder for Furniture Brands

2013-11-25 14:30:56| Furniture - Topix.net

Nov. 22 -- LENOIR -- Unless a bankruptcy court judge agrees with an objection that the sale of Furniture Brands International has taken place too quickly, the company's new owner will be KPS Capital Partners , a New York -base private equity firm that focuses on turning around troubled manufacturers.

Tags: brands furniture sole bidder

 
 

Furniture Brands' new owner has strong record

2013-11-24 14:28:22| Furniture - Topix.net

KPS Capital Partners, approved Friday by U.S. Bankruptcy Judge Christopher Sontchi as the new owner of Furniture Brands International, does not buy any business to own it for the long haul.

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KPS is sole bidder for Furniture Brands

2013-11-22 14:23:23| Furniture - Topix.net

Unless a bankruptcy court judge agrees with an objection that the sale of Furniture Brands International has taken place too quickly, the company's new owner will be KPS Capital Partners, a New York-base private equity firm that focuses on turning around troubled manufacturers.

Tags: brands furniture sole bidder

 

Auction of Furniture Brands' assets canceled; KPS is only bidder

2013-11-21 04:56:27| Furniture - Topix.net

KPS Capital Partners has emerged as the sole qualified bidder for bankrupt Furniture Brands International's assets, according to industry trade publication Furniture Today.

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