UMA Home Décor (UMA) is a leading distributor and supplier of home décor and furnishing products with a rich history spanning over 45 years. Its extensive product offerings include wall décor, accent furniture, sculptures, garden décor, vases, and more.
Candlewood was engaged by the junior lender to market the business for sale, and to ensure that its sale process met the standard of commercial reasonableness that is required in a foreclosure sale transaction in the event the sale had to be consummated through a foreclosure.
Candlewood ran a full marketing process followed by a foreclosure sale process, marketing the business to over 200 parties. Candlewood advised the company through the marketing process, and also managed relationships with various stakeholders involved in the business.
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