Consortium Brand Partners, an investment firm, has acquired Jonathan Adler, an iconic home décor, furniture, and lifestyle ...

The investment firm partnered with American Exchange Group, which will operate the company's 10 stores and e-commerce site.

Home brand Jonathan Adler has joined a growing private equity backed group of lifestyle brands that includes Draper James, backed by Hollywood star Reese Witherspoon.

This is the private equity firm’s third acquisition in 18 months, following previously announced deals with Draper James and Outdoor Voices.