Exemplis® acquires Edloe Finch
We are pleased to announce the Partnership of Albany Park & Edloe Finch with Exemplis®. Stump & Company initiated this transaction and exclusively represented the seller.
Exemplis® acquires Edloe Finch
Originally published in Home News Now April 11, 2022
CYPRESS, Calif., April 8, 2022 /PRNewswire/ — Exemplis, a California-based furniture manufacturer, proudly announces the acquisition of Edloe Finch, a Texas-based e-commerce retailer of home furniture and parent company to Albany Park. The acquisition will expand the Exemplis portfolio of industry-defining brands.
“I’m thrilled about the new possibilities for our companies,” says 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.”
It will be business as usual for Edloe Finch. They will continue to operate independently, and all products will continue to be ordered from, fulfilled by and serviced through their respective factories and customer service teams.
“We are very excited to be a part of the Exemplis family,” says 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!”
Stump & Company of Charlotte, N.C. represented the seller in the transaction.