Bed Bath & Beyond to acquire Lumber Liquidators, other F9 brands

Bed Bath & Beyond, the Murray-based owner of Bed Bath & Beyond, Overstock.com, buybuy BABY, Kirkland’s and a blockchain asset portfolio, has announced that it has signed a letter of intent to acquire the equity interests and substantially all assets of F9 Brands Inc. 

F9 owns and operates Cabinets To Go, Lumber Liquidators, the Thos. Baker brand Gracious Home and Southwind Building Products. F9 Brands is located in Lawrenceburg, Tennessee. 

In a statement, Bed Bath & Beyond said the transaction “will represent an additional step in further building a national, fully integrated home services platform” under the company’s new Beyond Home Services division. “We believe these assets, including Elfa and Closet Works, will expand the company’s ability to serve customers across the full lifecycle of homeownership, from design and product selection to installation and financing,” the release said.

Beyond Home Services will combine its new brands in cabinets, flooring, closets and distribution with installation services, financing and Bed Bath & Beyond’s retail footprint to add home projects to its offerings. Jason Delves, current president and CEO of F9 Brands, will become CEO of Beyond Home Services.

Bed Bath & Beyond said the purchase price was about $150 million, comprising $37 million in cash and approximately 16 million shares of its common stock at $7 per share, representing a transaction value of $107 million at the current market price. The deal includes additional incentive payouts based on F9 Brands’ performance over the next five years. The acquired brands generated $522 million in sales in fiscal 2025.

“With the anticipated addition of Lumber Liquidators and Cabinets to Go to Elfa and Closet Works, Beyond Home Services is established with the brands, the capabilities and the team to serve the homeowner from concept to completion,” said Marcus Lemonis, executive chairman and CEO of Bed Bath & Beyond. “Each brand owns a distinct category — modular storage systems, custom closets, flooring, cabinets and countertops, carpet and hard-surface flooring distribution — and together with our installation services and field sales organization, we can take the homeowner through the full lifecycle of a renovation, all under one platform.”

Cabinets to Go owns and operates more than 100 stores nationwide. Lumber Liquidators is a retailer of waterproof and hardwood flooring with more than 200 in the U.S., and Southwind Building Products supplies flooring and building materials to a network of 4,400 independent retailers and contractors across the country.