Malouf acquires Impact Collective to bolster its foundation initiatives
Malouf, a Logan-based furniture and bedding manufacturer, has acquired Utah-based technology development company Impact Collective LLC to support its business’ charitable efforts through the Malouf Foundation.
Entrepreneur and innovator Clay Olsen started Impact Collective during his work with Fight the New Drug — an anti-pornography nonprofit organization. After leading this initiative for 10P years, Olsen stepped aside to focus on his work with Impact Collective. Olsen and his team developed a series of apps, known as Recovery Suite, to help people find healing and freedom from behavioral and mental health issues.
“We strive to provide scalable and comprehensive solutions for some of today’s most crippling issues,” Olsen said. “We’re passionate about driving change and helping people on their recovery journey.”
Olsen’s relationship with Malouf CEO and president of the Malouf Foundation, Sam Malouf, led to the pair joining forces when the Malouf Foundation shifted its flagship cause to fight child sexual exploitation.
“Clay understands the challenges of today’s society and is committed to making a difference,” Malouf said. “His team will bring a new level of expertise to our industry, so we can make the largest impact possible.”
Now based out of the Malouf headquarters, the Impact Collective team consists of 13 full-time members across several departments, including graphic design, customer service and software development. The Malouf team and Impact Collective operate as separate entities but collaborate on initiatives to provide cross-value and support.
Malouf offers a wide range of products at its Logan facility, including mattresses, adjustable bed bases, furniture, pillows, sheets, mattress protectors, bed frames and mattress toppers. Malouf products are available in over 15,000 retail partner locations in the U.S. and in 25 other countries. Malouf was founded in 2003 by Sam and Kacie Malouf.