An affiliate of Sun Capital Partners, a private-equity firm, has purchased Fort Smith-based furniture retailer FFO Home from Alpine Investors.
Company leadership will remain unchanged, and no jobs will be lost as a result of the acquisition. The terms of the deal were not released.
FFO Home has 36 stores in Arkansas, Missouri, Oklahoma and Kansas, according to a Thursday release.
"FFO Home has established itself as an outstanding, value-oriented retailer, and we're excited about the opportunity to leverage our strong retail sector expertise to help the business accelerate its growth plans," Marc Leder, co-CEO at Sun Capital, said in a statement.
In the summer, FFO Home moved its headquarters and manufacturing operations from Oklahoma to Fort Smith, creating more than 60 jobs.
Florida-based Sun Capital was established in 1995. The company did not name the affiliate that bought FFO Home. Alpine Investors is a San Francisco-based private-equity firm.
-- John Magsam