The Dorman Group of Companies, in collaboration with Merit Capital Partners, has acquired John-Richard, a leader in high-end home furnishings, to accelerate its growth in the luxury market.

Target Information

John-Richard, a prominent designer and manufacturer of high-end home furnishings, has been acquired by The Dorman Group of Companies in partnership with Merit Capital Partners and CEO Alan Galbraith. Founded in 1980 by Alex Malouf in Greenwood, MS, John-Richard initially began as a sideline business to Malouf Furniture, a leading retail furniture operation in the Mississippi Delta. The company has significantly expanded and now offers a diverse range of products, including occasional furniture, lighting, wall art, mirrors, botanicals, upholstered furniture, and various home accessories.

Over the years, John-Richard has grown to international stature, operating offices and factories in Vietnam, India, and China, supported by a global vendor network. Additionally, the company maintains a showroom location in High Point, NC, which showcases its high-end product offerings. Under the leadership of CEO Alan Galbraith, who joined the company over 15 years ago, John-Richard has transitioned from a family-run enterprise to a multinational entity within the luxury home furnishings market.

Industry Overview

The home furnishings industry has seen significant evolution and growth in recent years, particularly in the United States, where there is a rising demand for high-quality and designer home products. As consumer preferences shift towards lu