CYPRESS, Calif. - California-based furniture manufacturer Exemplis has acquired Edloe Finch, a Texas-based e-commerce retailer of residential furniture and parent company to Albany Park sofas.
Terms of the acquisition announced April 8 were not disclosed. Edloe Finch will continue to operate independently, and all products will continue to be ordered from, fulfilled by and serviced through the respective factories and customer service teams.
The acquisition expands Exemplis' of brands, which include SitOnIt Seating, X-Chair, Mavix Gaming, The Healthy Back Store and Timbuk2. SitOnIt Seating is among the largest manufacturers of office solutions and is ranked 72 in the FDMC 300. Acquired by Exemplis in 2021 through its purchase of Future Seating, X-Chair, Mavix and The Healthy Back Store also provide ergonomic seating solutions. Timbuk2 crafts high-quality handmade bags and packs.
Edloe Finch, the parent company of Albany Park, was founded in 2017 by Darryl and Jessica Sharpton. The Sharpton's launched Albany Park in 2019, to make buying sofas easy by eliminating decision fatigue. They offer three collections "that satisfy both the style and comfort needs of their growing customer base." Through Edloe Finch, chairs, tables and bedroom furniture are also available.
"I'm thrilled about the new possibilities for our companies," said Paul DeVries, CEO and founder of Exemplis. "Darryl and Jessica have created one of the fastest-growing brands in the residential furniture space. Their forward-looking leadership, creativity and competitive drive are perfect complements to the nonstop innovation that's propelled Exemplis for over 25 years. I'm very excited to be joining forces with them."
"We are very excited to be a part of the Exemplis family," said Darryl Sharpton, CEO and co-founder of Edloe Finch. "In Paul [DeVries] and Exemplis, we've found an ideal partner who shares our passion for creating great furniture while keeping the focus on the customer experience. Jessica and I will continue to run Edloe Finch and Albany Park as co-CEOs. With the support from Exemplis, we're ready to spread coziness across America like never before!"
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