April 28, 2008—izzy and its parent company JSJ Corporation have executed a letter of intent to purchase Jami Inc.
Established in 1995, Jami Inc. is a holding company comprised of four brands, each with its own market niche:
- arter — higher design management, conference and executive seating and tables in work environments
- Fixtures Furniture — stack seating and multi-purpose tables for education, healthcare and corporate spaces
- Zoom Seating — mid-market ergonomic task seating
- ABCO Office Furniture — modular furniture, computer furniture, and conference and training tables
Each of the four brands now operating under Jami Inc. will continue to pursue its independent brand position, working with izzy to leverage this strength in its individual market segment, izzy notes.
The transaction is expected to close in May, pending completion of due diligence and execution of documents.
The pending acquisition builds on JSJ’s history of seeking out successful companies that benefit from owners that offer a long-term, personal commitment to their business interests, says Nelson Jacobson, president and chief executive officer of JSJ Corporation.
izzy combines simple, affordable furniture and seating design with advanced engineering and lean manufacturing capabilities. The company’s award-winning products are part of izzycollections, izzyseating; HG by izzy, SuperiorSeating by izzy; and izzytextiles and finishes. Most of izzy products are manufactured in Belton, Texas, and Spring Lake, Mich. All of izzy’s furniture and seating product lines are GREENGUARD certified for meeting safe indoor air quality standards.
Founded in 2001 and based in Spring Lake, Mich., U.S., izzy is a business of JSJ Corporation of Grand Haven, Mich., U.S., a privately held corporation that actively designs, develops, markets and brands a group of durable goods and services throughout the world.