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Lexington Closes on Sligh Acquisition
October 20,
2011 by in UnCategorized
By Home Furnishings Business in Acquisition on October 21, 2011
Full-line furniture vendor Lexington Home Brands has completed its previously announced deal to acquire Sligh Furniture.
At this week's High Point Furniture Market, Sligh will exhibit in a recently completed dedicated space on the second floor of the 100,000-square-foot Lexington showroom at 1300 National Highway in Thomasville.
Sligh is introducing Longboat Key, a soft contemporary collection of home office and home entertainment, as well as additions to the best-selling Northport collection.
"The new Sligh showroom is magnificent and showcases our product in a beautiful lifestyle manner, utilizing Lexington's upholstered and occasional product to complete the lifestyle display," said Rob Sligh, president of Sligh Furniture.
"We are pleased to have the transaction completed and look forward to growing Sligh as well as the other brands in the Lexington portfolio," said Phil Haney, president and CEO of Lexington Home Brands.
A privately held company, Lexington Home Brands is an affiliate of Boca Raton, Fla.-based Sun Capital Partners.