Bain to Buy Control of Bob’s Discount Furniture

Dec 30 2013
RACHEL ABRAMS
New York Times

The private equity firm Bain Capital announced on Monday that it had agreed to buy a majority stake in Bob’s Discount Furniture, the chain of stores known for its low-tech commercials featuring its founder, Bob Kaufman. The company’s management team will continue to own a “significant stake” in the business, according to a news release announcing the deal on Monday.

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