Acquiring Company
GigaCloud Technology
Acquired Company
Noble House Home Furnishings, LLC
Description
GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced that it has completed the previously announced asset acquisition of Noble House Home Furnishings LLC (“Noble House”), a leading B2B distributor of indoor and outdoor home furnishings, for approximately $85 million, subject to customary purchase price adjustments. The acquisition is funded entirely with cash on hand.
Quick answer
GigaCloud Technology is acquiring Noble House Home Furnishings, LLC, announced November 1, 2023. GigaCloud Technology is based in El Monte, California, United States.
- How much did GigaCloud Technology pay for Noble House Home Furnishings, LLC?
- The deal value was not disclosed.
- What does GigaCloud Technology do?
- GigaCloud Technology Inc is a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise.
- Where are GigaCloud Technology and Noble House Home Furnishings, LLC based?
- GigaCloud Technology is based in El Monte, California, United States. Noble House Home Furnishings, LLC is based in Los Angeles, California, United States.
- Who are the decision-makers at GigaCloud Technology?
- Fundz holds 2 contacts at GigaCloud Technology. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at GigaCloud Technology, and when
When GigaCloud Technology changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day GigaCloud Technology raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at GigaCloud Technology, from your own LinkedIn network
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Frequently asked
Who acquired Noble House Home Furnishings, LLC?
Noble House Home Furnishings, LLC was acquired by GigaCloud Technology, based in El Monte. The deal was reported on November 1, 2023. GigaCloud Technology Inc is a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise. GigaCloud Technology is publicly traded (GCT) and operates in Software.
When did GigaCloud Technology acquire Noble House Home Furnishings, LLC?
GigaCloud Technology's acquisition of Noble House Home Furnishings, LLC was reported on November 1, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Noble House Home Furnishings, LLC do?
Noble House Home Furnishings has been in the furniture industry for over 20 years, and almost 10 in e-commerce. It is privately held, and is based in Los Angeles.
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