Hertz Furniture Acquires School Furnishings
K–12 school furniture provider Hertz Furniture recently announced its acquisition of the New-Hampshire-based School Furnishings as part of a national growth strategy. School Furnishings, which serves the K–University market, will be rebranded as “School Furnishings Powered by Hertz Furniture,” according to a news release. The release also notes that staff from both companies will remain employed.
“For the past 56 years, Hertz Furniture has grown steadily and naturally on its own servicing the K–12 market. We felt that the time had come for a shift in strategy and to initiate growth in terms of reach and offering,” said Hertz Furniture President David Mocton. “This is why, for the first time in our history, we have looked outside our house for a complementary entity and service in a mostly untapped region for us, and will continue to look for similar opportunities in other markets, as well.”
Mocton commented that the School Furnishings addition will both expand the company’s reach into New England and expose its existing customer base to an array of new products.
“Hertz Furniture and School Furnishings share the same values of affordable quality, respect, superior customer service and sustainability,” said Kevin Crump, Vice President of Sales at School Furnishings Powered by Hertz Furniture. “Joining the Hertz Furniture network means that our customer base will now also benefit from Hertz Furniture’s vast sales and service network. And Hertz Furniture will enjoy access to our strong market share in the New England region, including higher education.”
About the Author
Matt Jones is senior editor of Spaces4Learning. He can be reached at [email protected].