Deal Detail

Generation Brands Holdings, Inc. to AEA Investors LP

EV / LTM EBITDA

10.5x

EV / LTM Sales

Enterprise Value

$525M

Primary Source

BofA

Comparable Transactions

Home & Office Furnishings transactions announced in the five years to May 2016. 3 with a disclosed multiple.

Date	Target	Acquiror	Enterprise Value	EV/Sales	EV/EBITDA	Type
Mar 2015	Norcraft Companies, Inc.	Fortune Brands Home & Security	-	-	11.5x	Strategic
Feb 2014	Poltrona Frau S.p.A	Haworth Inc.	$654M	-	15.1x	Strategic
Aug 2012	AOT Bedding Super Holdings, LLC (Serta/Simmons)	Advent International Corporation	$3.0B	-	11.4x	Financial
	Mean			-	12.7x
	Median			-	11.5x

Source-specific multiples and notes for this transaction.

Comp	Primary?	Source Type	Source	Source Advisor	Source Year	EV (USD)	EV/Sales	EV/EBITDA	EV/Fwd EBITDA	Note	Citation
	Primary	fairness opinion	SCS FO	BofA	2025	$525M	-	10.5x	-	Resolved deal. Cited in the Steelcase/HNI fairness opinion, BofA supplemental (8-K, 25 Nov 2025).	Open
	-	fairness opinion	KNL FO	BofA	2021	$525M	-	10.5x	-	Resolved deal. Cited in the Knoll/Herman Miller fairness opinion, BofA table, transaction value from the 1 Jul 2021 8-K.	Open