Daily News
From Home Furnishing Business
Karat Home Successfully Acquires Z Gallerie out of Bankruptcy
January 21,
2024 by HFBusiness Staff in Business Strategy, Industry 
Karat Home, a leading player in the home furnishings industry, announces the successful acquisition of Z Gallerie, a renowned home decor retailer and ecommerce DTC player that recently underwent bankruptcy proceedings. The transaction was finalized on Jan 19.
This strategic move marks a significant milestone for Karat Home, expanding its footprint in the home decor market and ecommerce channel and solidifying its commitment to providing high-quality products and exceptional customer experiences.
The acquisition of Z Gallerie aligns with Karat Home's vision to enhance its product portfolio and strengthen its position as an industry leader.
"We are thrilled to announce the completion of the acquisition of Z Gallerie,” said Scarlett Fan, CEO of Karat Home. "This strategic investment not only signifies our dedication to growth but also reinforces our commitment to offering innovative and stylish home furnishings to our valued customers."
Karat Home will work diligently to seamlessly integrate Z Gallerie into its operations, ensuring a smooth transition for both employees and customers. The company remains steadfast in its mission to provide unique and trendsetting home decor solutions.
A special thank you to the CSC Generation team for their assistance in closing this transaction and providing ongoing transition services. Stump & Company (www.stumpnet.com) served as investment banker to the seller.
The Karat Home team will be in Las Vegas this week attending the World Market Center market and will be meeting with vendors, customers and service providers.