OLATHE, Kansas – The Gerson Companies, a leading provider of seasonal and everyday home décor, has acquired the assets of décor importer Park Hill Collection, LLC for an undisclosed amount. Park Hill will continue to be based and operate in Little Rock.
The acquisition increases Gerson’s presence in the design-inspired home decor space and expands its day-to-day home decor presence and customer reach in the design-inspired home decor market.
“We are thrilled to welcome Park Hill Collection to the Gerson platform,” said Jacob Gerson, vice president of sales and customer experience. “Backed by our capital base and operational expertise, we see a tremendous opportunity to evolve and grow the Park Hill brand and its appeal in the upscale home design space.”
Park Hill will continue to operate under the same name as a wholly owned subsidiary of Gerson, but will retain its existing office and distribution center in Little Rock, Arkansas, according to the company.
“This acquisition marks the next step in our strategy to grow into new home furnishings and design markets. We look forward to bringing Park Hill onto the Gerson platform and equipping their existing team and infrastructure with the right resources to innovate and grow the brand to new heights, while delivering the same product quality that Park Hill’s customers expect,” said JJ Hjalmarson, vice president of national accounts and e-commerce at Gerson.
Jacob Gerson and JJ Hjalmarson, fourth-generation Gerson Company family members, will serve as interim general managers of Park Hill in the initial post-closing of the acquisition as Gerson conducts a nationwide search to recruit and hire a general manager at Park Hill full-time.