Bed Bath & Beyond has signed a letter of intent to acquire substantially all assets and equity interests of F9 Brands, the parent company of Cabinets To Go and Lumber Liquidators, in a deal valued at approximately $150 million. The move is aimed at accelerating its expansion into home services and renovation.
The proposed transaction, which also includes brands such as Gracious Home/Thos. Baker and Southwind Building Products, is structured with about $37 million in cash and roughly 16 million shares of Bed Bath & Beyond stock. The deal is expected to close following the company’s shareholder meeting in May 2026, subject to customary approvals.
The acquisition is central to the company’s strategy to build out its “Beyond Home Services” platform, positioning itself as a full-stack provider across the homeownership lifecycle, from design and product selection to installation and financing.
“With the anticipated addition of Lumber Liquidators and Cabinets To Go, we can serve the homeowner from concept to completion,” said Marcus Lemonis, Executive Chairman, Bed Bath & Beyond, highlighting the integration of flooring, cabinetry, closets and installation capabilities under one platform.
F9 Brands generated approximately $522 million in net sales in fiscal 2025, adding scale and category depth to Bed Bath & Beyond’s growing portfolio. The transaction will also bring leadership continuity, with F9 Brands CEO Jason Delves expected to play a key role in the expanded home services division.
The move comes days after Bed Bath & Beyond announced plans to acquire The Container Store, underscoring an aggressive M&A strategy aimed at transforming the company beyond traditional retail into a home solutions ecosystem.
As part of the integration, products and services from Cabinets To Go and Lumber Liquidators are expected to be offered through co-branded retail formats and dedicated in-store “Custom Spaces” hubs, leveraging a combined footprint of more than 2.2 million square feet.
The latest deal signals Bed Bath & Beyond’s continued reinvention following its 2023 bankruptcy, with the company now focused on higher-value home improvement projects and recurring service-driven revenue streams.
