FOR IMMEDIATE RELEASE
The Gerson Companies Acquires Park Hill Collection to Expand its Growing Home Decor Platform
The acquisition of Park Hill Collection marks the latest step in Gerson’s plans to expand and strengthen its Everyday home decor presence, broadening its product assortment and customer reach into the design inspired home furnishings market.
Olathe, Kansas (February 17th, 2023)—The Gerson Companies, an international leader in seasonal and everyday home decor design and distribution, announced today that it has acquired the assets of Park Hill Collection, LLC, a renowned product design and import company of home decor, furnishings, candles and seasonal products based in Little Rock, Arkansas, for an undisclosed amount. Park Hill will continue to be headquartered and operate in Little Rock.
With the acquisition of Park Hill Collection, Gerson significantly increases its presence in the design inspired home decor space by adding one of the industry’s most recognized and celebrated home furnishing brands to its growing family of companies. “We are thrilled to welcome Park Hill Collection and their amazing associates to the Gerson Platform. The acquisition will bring together two iconic brands in our industry with a shared passion of delivering new and creative product to retail. With the support of our capital base and operational expertise, we see a tremendous opportunity to evolve and grow the Park Hill brand and its appeal in the up-market home design space” stated Jacob Gerson, Vice President of Sales & Customer Experience.
Park Hill, which will continue to operate under the same name, is now wholly owned by Gerson, but will maintain its existing office and distribution center in Little Rock, Arkansas and operate as an independent division of Gerson. “This acquisition marks the next step of our growth strategy into new markets of home decor and design. We look forward to onboarding Park Hill onto the Gerson Platform and equipping the phenomenal team and infrastructure already in place with the right resources to innovate and grow the brand to new heights while delivering the same quality of product that Park Hill customers expect” stated JJ Hjalmarson, Vice President of Key Accounts and eCommerce.
Jacob Gerson and JJ Hjalmarson, 4th generation Gerson family members, will serve as interim General Managers of Park Hill in the initial post-closing of the acquisition while Gerson conducts a national search to recruit and on board a full time General Manager of Park Hill.
About The Gerson Companies
The Gerson Companies is one of North America’s largest importers of seasonal, gift, and home decor products sold to retail. With well-known industry brands including Gerson International, Everlasting Glow Flameless Candles, GG Home Collection (GG), Lone Elm Studios, Garden Meadow and Sterling Tree Company, this 82-year-old family-owned company is currently in its 4th generation of leadership. An eighty-two-year-old design and product development company, The Gerson Companies has been an indispensable partner to independent and multichannel retail since 1941.
Gerson, headquartered in Olathe, Kansas (Kansas City) with its 50-acre campus, 500,000 square feet of distribution center, office and showrooms, has offices and showrooms worldwide, including Hong Kong, Shanghai, San Francisco, Atlanta and Las Vegas.