Izzy and its parent company JSJ Corporation have executed a letter of intent to purchase Jami Inc.

Established in 1995, Jami Inc. is a holding company comprised of four brands, each with its own market niche:

•    Harter:  higher design management, conference and executive seating and tables in work environments

•    Fixtures Furniture: stack seating and multi-purpose tables for education, healthcare and corporate spaces

•    Zoom Seating: mid-market ergonomic task seating

•    ABCO Office Furniture: modular furniture, computer furniture, and conference and training tables

Each of the four brands now operating under Jami Inc. will continue to pursue its independent brand position, working with izzy to leverage this strength in its individual market segment.

The transaction is expected to close in May, pending completion of due diligence and execution of documents.

"We see this transaction with izzy and JSJ as a positive partnership," says Gregg Masenthin, president and chief executive officer of Jami Inc. "Our brands have been extremely successful in the marketplace, so our new relationship with izzy and JSJ allows us the strategic business support to continue growing and developing these brands."

The pending acquisition builds on JSJ's history of seeking out successful companies that benefit from owners that offer a long-term, personal commitment to their business interests, says Nelson Jacobson, president and chief executive officer of JSJ Corporation.

"Our role at JSJ is to provide financial and strategic leadership, and essential support resources to help our businesses like izzy do what they do best – design, make and market products that meet their customers' needs," he says. "Our company founders began working together nearly 90 years ago as partners. This acquisition is another example of how we intend to continue building on this legacy of entrepreneurship – locally, nationally and globally."