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E.L.K. Lighting Acquires Bailey Street
August 1,
2011 by in UnCategorized 
By Home Furnishings Business in Acquisition on August 2, 2011
E.L.K. Lighting Inc. has acquired
Bailey Street Holding Co. from
Red River Ventures. The acquisition through E.L.Ks sister company, Mount Summit Lighting, Inc., closed Monday.
Bailey Street distributes accent furniture, case goods, chairs and mirrors through a network of furniture showrooms across North America. This combination of companies with ELK owned
Sterling Industries, known for accessories will give its retail partners a single source for home furnishings.
Bailey Street is a well-respected name within the industry known for providing quality and value driven products to its customer base for over 10 years, said John Haste, vice president of sales and marketing for E.L.K. Lighting. Our goal is to build upon these core competencies while delivering new, innovative furniture collections combined with cross promotional opportunities with our other product lines."
With the addition of the furniture offering through Bailey Street, the company will cater to a wider range of market segments. By leveraging the respective expertise of the combined entities, the focus will be to deliver coordinating styles and collections across many home product categories.
Bailey Street was founded in 2000 as part of The Bombay Co. Red River Ventures acquired Bailey Street from Bombay Co. in 2005.