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Four Hands Acquires Lighting Company
March 22,
2010 by in UnCategorized
By Home Furnishings Business in Acquisition on March 23, 2010
Austin, Texas-based vendor Four Hands announced on Monday the acquisition of lighting company Architects and Heroes.
Architects and Heroes, also based in Austin, and a designer of counter balanced pulley lights, is the third brand expansion for Four Hands during the last 12 months. The company launched bina from eco-conscious designer Thomas Bina in October 2009 as well as the Boulevard brand of designer custom and in-stock upholstery in April 2009. Four Hands continues to offer its brand of lifestyle home furnishings and is exclusive distributer of the furniture company Old Java.
A&H was founded in 2002 by owner and designer Palmer Earley, who joins Four Hands to develop and expand the company's lighting market. A&H has shown its lighting for the last several years in the Four Hands High Point, Atlanta and Las Vegas showrooms. A&H offers more than 130 selections in its product line.
"Palmer and his company are a perfect fit for Four Hands. His product, design aesthetic and customer base blend well with the Four Hands business model and growth plan," said Matthew Briggs, Four Hands president and CEO. "We have been looking for an opportunity to expand our lighting collections, and Palmer will take us to the next level by developing a wide selection of fixed and portable lighting."
Earley, who was nominated in 2009 as the ARTS Product Designer of the Year, said the acquisition allows his company to expand into new markets and enhance product development.
"Becoming part of Four Hands allows us to take the next growth step," Earley said. "We can offer shorter ship times, greater market coverage and the ability to really grow our product offerings. We will continue to emphasize our core values--taking care of every customer and develop innovative lighting. Our goal in the next year is for lighting to become an integral part of Four Hands."
As of March 1 all A&H open orders are being processed and shipped through Four Hands. All A&H product and pricing can now be found on the Four Hands Web site.