Burrow has been sold to Havenly Brands
Burrow
Founded in 2017, Burrow is an innovative, modular furniture brand with a unique focus on providing functional, beautiful products designed to be simple to assemble, easy to move and made to evolve along with its customers’ lives. Headquartered in New York, the company offers a curated catalog of high-quality products across the entire home, providing consumers with easy-to-use online customization, customer-centric showrooms, tool-free assembly and free one-week shipping. Burrow’s commitment to designing a superior consumer experience has helped its expansion, deepening its e-commerce capabilities and opening showrooms in four different states.
The Deal
Burrow engaged Lincoln International, a leading global private capital investment banking advisory firm, as its exclusive financial advisor to support the company’s next phase of growth and the acquisition by Havenly Brands, a vertically integrated design services and furniture platform with deep operational resources to accelerate growth. The Lincoln team managed the preparatory, negotiation and due diligence phases of the transaction.
Our Perspective
Alejandro Barrera commented, “Burrow has excelled in building a distinct and innovative brand, delivering high-quality products with a superior, scalable operating model. It was a pleasure working with Burrow’s stellar management on this important transaction, and we are excited to see the company’s continued success as part of Havenly’s platform.”
Tosh Dhanalal commented, “We are proud to have advised Burrow and its founders on this landmark transaction. Burrow’s value proposition is truly differentiated and provides Havenly with the opportunity to give its customers even more unique designs to create their perfect home environment.”
Havenly Brands
Founded in 2014, Havenly focuses on bringing a fresh take on home design and home furnishing to the modern home consumer. The Havenly platform consists of the nation’s largest interior design service, as well as leading home furnishing brands including Interior Define, The Inside, The Citizenry and now, Burrow.
Lincoln served as a trusted partner to the Burrow team, providing thoughtful advice throughout the process. Their strategic guidance and well-executed process management were instrumental to achieving a successful outcome for Burrow and its shareholders.
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Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.