Vari, Inc. acquired by Vivo USA

Vari, Inc. (formerly known as VariDesk) has been acquired by Vivo USA: Vari was a pioneer of the original SIT-STAND desking concept, based in Dallas, TX. The acquiror is VIVO, a competitor selling a broad range of commercial furniture products on e-commerce marketplaces. This is a terrific strategic combination that should yield tremendous synergies. Both companies are privately held.

The Stump team was honored to have initiated this transaction and represented Vari, Inc. and its selling shareholders.

Vivo expands office furniture portfolio with Vari acquisition, CEO change

originally published in Furniture Today

COPPELL, Texas – Desk company Vari has been acquired by Vivo, a former competitor in the home office category.

The acquisition brings together two companies that had been industry peers for more than 14 years. As part of Vivo, Vari will be able to deliver expanded product offerings and increased capabilities to its customers, the companies said.

“We see tremendous opportunity across our brands to collaborate sharing ideas, expertise, capabilities, and experience. Being part of a larger family of businesses will give our teams access to more resources, while allowing each brand to continue doing what it does best,” said Chance Knapp, founder and CEO of Vivo.

As part of the acquisition, Jason McCann, Vari founder and former CEO, will remain chief executive of VariSpace, Vari’s flexible workspace division that manages two furnished multi-tenant office buildings in Texas. Aaron Anliker has been named CEO of Vari. Prior to the change, he was chief strategy officer of Vivo.

“In speaking with the Vivo team, I realized their approach to business, culture, product innovation, brand building and entrepreneurship aligns well with our values,” McCann said. “Combining that with our amazing people, technology, AI and marketing, the dream to grow a much more successful brand will become a reality.”

Financial terms of the deal were not disclosed.

“The Vari team has built a brand that customers trust to change the way they work, and I’m grateful to Jason for his partnership through this transition,” Anliker said. “Our job is to build on that foundation. I’m confident that, together, we have the team and vision needed to take the
company to new heights.”

Stump & Co. represented Vari in the deal.