Photo By Stance Furniture
KITCHENER, Ontario — Stance Healthcare, a furniture manufacturer for healing environments, has acquired Plural Studios, a maker of adaptive furniture for healing, business, learning, and hospitality. The two companies will begin working together immediately, with the transaction expected to close on or about January 1, 2024.
"The more I got to know Plural founders Barbara Brandt and Anthony Brandt, the more I saw how well our values, our products, and our teams complemented each other," said Carl Kennedy, co-founder and CEO of Stance Healthcare.
"At Stance, our mission is 'improving lives by design'," he continued, "and it's a people-centered idea that the entire Stance family and I take to heart. Barb, Anthony, and their team are building Plural with the same mission in mind. So, this acquisition is a coming-together of like-minded people seeking to make a positive impact in an industry we both love."
Both companies continue to operate as family-founded businesses, investing in designing beautiful products to enhance healing environments. "We don't want to grow simply for growth's sake," adds Anthony Brandt, Co-founder and CEO of Plural Studios. "We all believe we have the responsibility to improve lives—those of our customers, our users, our partners, our communities, ourselves—through the things we make and how we bring them to market."
Plural will continue to operate as an independent entity based in Scottsdale, Arizona. The existing Plural team will remain in place, including key leadership—Co-founders Barbara Brandt and Anthony Brandt, Chief Sales Officer Lisa Schroeder, and Chief Marketing Officer Michael Matascik.
"The Plural team has built an increasingly important brand in the healthcare and corporate design markets, and we're excited about them continuing to grow alongside us as part of the Stance family," said Kennedy.
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