1847 Holdings LLC (NYSE:EFSH) recently announced that its subsidiary 1847 Cabinets Inc., a designer, manufacturer and installer of cabinets, doors and millwork for residential construction, has engaged Spartan Capital Securities, LLC (“Spartan”), a U.S. investment bank, to support a potential spin-off into a separate publicly traded company on a senior U.S. exchange, or other potential strategic transaction, in order to capitalize on 1847 Cabinet’s internal growth and favorable outlook for the business.
1847 Cabinet Inc. is comprised of the businesses of Kyle’s, High Mountain and Innovative Cabinets. Kyle’s, which is based in Boise, Idaho, provides a wide variety of construction services including custom design and build of kitchen and bathroom cabinetry, delivery, installation, ...