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From Home Furnishing Business

Franchise Group to Buy FFO Home

Franchise Group, Inc. (NASDAQ: FRG), an operator of franchised businesses that include Buddy’s Home Furnishings and American Freight, has signed an agreement to acquire FFO Home, a furniture retailer with 31 stores in Arkansas, Indiana, Kentucky, Missouri and Oklahoma.

Malouf Acquires Salt Flat, Expands Home Furnishings Lineup

Utah-based bedroom furniture and accessories provider Malouf has announced its recent acquisition of home furnishings company Salt Flat offering a greater product variety to its retail partners.

Twin Star Home Buys TK Classics

Twin Star Home, a resource for electric fireplaces and home furnishings, has announced the acquisition of TK Classics, a leading designer and manufacturer of design-rich outdoor furniture, which includes upholstered seating, dining tables, bars and accessories.

Bush Industries Acquired by Canadian-based Bestar

Ready-to-assemble furniture resource Bush Industries has been acquired by Bestar, a portfolio company of Canadian private equity firm Novacap.

J.B. Hunt Acquires RDI Last Mile Co.

Supply chain major J.B. Hunt Transport, Inc. has announced its acquisition of RDI Last Mile Co. on Dec. 31, 2019. The transaction was funded using J.B. Hunt’s existing revolving credit facility.

Borkholder Furniture Purchased by Fusion Designs

Amish furniture producer Fusion Designs has acquired Borkholder Furniture, an Amish casegoods supplier, for an undisclosed sum.

Rent-A-Center Acquires Merchants Preferred

Rent-to-own major Rent-A-Center, Inc. (NASDAQ:RCII) has completed its acquisition of substantially all of the assets of C/C Financial Corp d/b/a Merchants Preferred, a nationwide provider of virtual rent-to-own services. The transaction is expected to accelerate Rent-A-Center’s virtual rent-to-own growth.

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