From Home Furnishing Business
Sun Capital Buys Furniture Factory Outlet
The 36-store retailer, based in Fort Smith, Ark., operates stores in Arkansas, Missouri, Oklahoma and Kansas and also produces a mattress line under the Comfort Coil and Natural Elements brands.
“FFO Home has established itself as an outstanding value-oriented retailer, and we’re excited about the opportunity to leverage our strong retail sector expertise to help the business accelerate its growth plans,” said Marc Leder, co-CEO of Sun Capital. “We share management’s belief that market success begins with offering a superior customer experience, and we’re committed to further enhancing this key hallmark of the FFO Home brand.”
Sun Capital currently has a stake in the furniture industry through its ownership of Lexington Home Brands and Rowe.
“We see significant expansion opportunities for this business,” said Steven Liff, senior managing director of Sun Capital. “At Sun Capital, we can quickly bring to bear both financial and operational resources in order to rapidly capitalize on market growth opportunities. We look forward to collaborating with the FFO Home management team to help the business reach its full potential.”