Ashley Home (Ashley Global Retail) Acquires Resident Home (Nectar, DreamCloud)
March 7, 2024
Ashley Home, an affiliate of Ashley Global Retail, has acquired Resident Home, the owner of mattress brands including Nectar, DreamCloud, Awara and Siena. The Resident co-founders Eric Hutchinson and Ran Reske will remain in their roles; the deal is intended to expand Ashley's presence in the mattress sector and broaden Resident's home furnishings assortment and global footprint.
- Buyers
- Ashley Home (Ashley Global Retail)
- Targets
- Resident Home
- Industry
- Consumer Products
- Location
- Florida, United States
- Transaction Type
- Buyout
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