DELRAY BEACH, FL - Twin Star Home, a manufacturer of home furnishings and in-home electric fireplaces, has acquired TK Classics, a designer and manufacturer of outdoor furniture, which includes upholstered seating, dining tables, bars, and accessories.
With a strong focus on customers and creativity, TK Classics has established itself as a designer and distributor of outdoor furniture and heating products at affordable prices. TK Classics is headquartered in West Sacramento, Calif., with manufacturing capabilities in China and exclusively sells to customers via retailers and direct-to-consumer e-commerce.
The strategic acquisition of TK Classics increases Twin Star’s positioning as a home furnishing platform throughout North America and expands its leadership and lifestyle product portfolio to outdoor living. The combined company has a diverse product offering, which effectively caters to a wide array of home furnishing purchasing partners among its consumer end markets, and leverages a powerful distribution network with capabilities to serve and scale the e-commerce channel.
“As the line between indoor and outdoor living continues to blur, we are pleased to add another industry leader to our innovative product portfolio,” said Lori Gonzalez, Twin Star Home’s CEO. “TK Classics has a strong track record of developing quality products that delight consumers and garner positive reviews. The seasoned management teams at Twin Star and TK Classics are well-positioned to operate at a larger scale, and we look forward to building upon the strength of our brands and market leadership in bringing comfort and warmth to consumers’ homes. We have a powerful operating infrastructure that weaves through all functional areas and will support our continued growth and value creation.”
“This acquisition provides the foundation to unlock TK’s future growth potential, and will help take our already thriving business to the next level of performance,” said Jennifer Hayes, founder and CEO of TK Classics. “I am pleased to find an acquisition partner who shares TK’s core principles of providing competitively priced, beautiful, innovative home furnishing products that bring family and friends together and enhances their personal lifestyle experience.”
TK Classics will maintain operations in West Sacramento, California. The combined company will be headquartered in Delray Beach, Florida.