Beyond to acquire Kirkland’s IP for $5M — and plans to license it back

Kirkland’s shares move on finalizing of credit deal

Home decor retail company will sell IP rights to Beyond as partnership bolstered

Beyond to acquire Kirkland’s IP for $5M — and plans to license it back

Kirkland’s will run stores for both retailers while Beyond will be able to appoint directors to Kirkland’s board.

Beyond Deepens Kirkland's Partnership With $5M IP Acquisition And Board Influence

Deal Structure Takes New FormThe retail chess match between Beyond and Kirkland’s just got more interesting.According to a Monday filing, Beyond has entered into an agreement to acquire Kirkland’s intellectual property for $5 million, signaling yet another move in the home goods sector’s ongoing consolidation. The arrangement allows Beyond to own the IP while simultaneously licensing the trademarks back to Kirkland’s in a classic “have your cake…

Beyond to acquire Kirkland’s IP for $5 million

Beyond Inc. is expanding its multi-layered relationship with Kirkland’s Home.