Bed Bath & Beyond expands Home Services pillar through acquisition of Installed Right and SFV Services.
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Bed Bath & Beyond expands Home Services pillar through acquisition of Installed Right and SFV Services. Adds Installation, Renovation and Project Execution Expertise to Strengthen Pillar Three of the Company's Everything Home Ecosystem NASHVILLE, Tenn.-(BUSINESS WIRE)-Bed Bath & Beyond, Inc. (NYSE: BBBY) today announced the expansion of Beyond Home Services, the Company's dedicated home services platform and the third pillar of its Everything Home strategy, through the acquisition of Installed Right and SFV Services. Headquartered in Detroit, Installed Right and SFV Services, founded and led by Mitch Rosen and his family, deliver value and execution for customers nationwide. The integration of Installed Right and SFV Services adds installation, renovation, construction and project-execution capabilities that further differentiate Bed Bath & Beyond from traditional retailers. The acquisition fits squarely into Pillar Three - the Home Services platform, and strengthens both Pillar One - Retail, and Pillar Two - Home Transactions and Home Ownership. Marcus Lemonis, Executive Chairman and Chief Executive Officer of Bed Bath & Beyond, said acquisitions are not only about adding revenue or EBITDA, they are about acquiring capabilities that make our platforms and Everything Home ecosystem more valuable. We are particularly excited to welcome the Rosen family as long-term...
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