Franchise Group completed the acquisition of FFO Home.

Franchise Group, an operator of franchised and franchisable businesses, completed the acquisition of FFO Home, a regional retailer of furniture and mattresses. Over 30 FFO Home stores throughout the Midwest were rebranded to American Freight Furniture, Mattress, Appliance. Financial terms were not disclosed. “We are excited about the FFO Home acquisition. Our ability to use this acquisition to quickly enter many new markets where we do not currently have a presence, and preserve local jobs that might have otherwise been lost had FFO Home stores permanently closed, made this a win-win for American Freight and these communities we will now have the opportunity to serve,” Will Powell, American Freight CEO and President.