Ashley Home, Inc. to acquire Resident Home Inc. to broaden assortment of home furnishings
Acquiring Company
Ashley Home
Acquired Company
Resident Home
TampaSan FranciscoE CommerceHome And GardenFurnitureE CommerceFurnitureDescription
Ashley Home, Inc., an affiliate of Ashley Global Retail, LLC, has announced the acquisition of Resident Home Inc. This strategic move is expected to create a broader assortment of home furnishings and accelerate Resident's growth trajectory. The acquisition will allow Resident to expand its home furnishings assortment and global footprint, and through Ashley's affiliate company, Ashley Furniture Industries, LLC (AFI), Resident will experience improved sourcing and efficiencies to foster additional growth in both its direct-to-consumer and wholesale businesses.
Quick answer
Ashley Home is acquiring Resident Home, announced March 5, 2024. Ashley Home is based in Tampa, Florida, United States.
- How much did Ashley Home pay for Resident Home?
- The deal value was not disclosed.
- What does Ashley Home do?
- Ashley Home, Inc., an affiliate of Ashley Global Retail, LLC, is committed to being a trusted partner and style leader for the home.
- Where are Ashley Home and Resident Home based?
- Ashley Home is based in Tampa, Florida, United States. Resident Home is based in San Francisco, California, United States.
Source: Fundz verified event record.
Other recent acquisitions in E Commerce and Home And Garden
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Beyond, Inc. completes acquisition of Zulily, supercharging its off-priced business (March 7, 2024)
- Home Design & Furnishings Leader Havenly Acquires The Citizenry (February 21, 2024)
- Indo Count completes acquisition of WAMSUTTA to strengthen brand portfolio (April 19, 2024)
- Hodess Cleanrooms successfully acquires Labworks International (April 17, 2024)
- Guess?, Inc. and WHP Global complete the acquisition of rag & bone (April 3, 2024)
- Searchspring completes acquisition of Intelligent Reach to enhance global conversion optimization platform (April 2, 2024)
Who to call at Ashley Home, and when
When Ashley Home changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Resident Home?
Resident Home was acquired by Ashley Home, based in Tampa. The deal was reported on March 5, 2024. Ashley Home, Inc., an affiliate of Ashley Global Retail, LLC, is committed to being a trusted partner and style leader for the home. Ashley Home is privately held and operates in E Commerce.
When did Ashley Home acquire Resident Home?
Ashley Home's acquisition of Resident Home was reported on March 5, 2024. Ashley Home, Inc., an affiliate of Ashley Global Retail, LLC, has announced the acquisition of Resident Home Inc. This strategic move is expected to create a broader assortment of home furnishings and accelerate Resident's growth trajectory. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Resident Home do?
Resident Home Inc. is an industry-leading, digitally native house of brands that makes inspiring products people love coming home to. It is privately held, operating in E Commerce, and is based in San Francisco.
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