02/08/22 Henricksen Announces Acquisition of Synergy Business Environments Alignment strengthens Henricksen’s national presence, providing expanded product offerings and unparalleled client experience Itasca, IL — February 8, 2022 — Henricksen, a full-service contract furniture dealership specializing in office, healthcare, education, government, senior living, and hospitality spaces, announces the acquisition of Synergy Business Environments. The acquisition will combine the companies’ strengths, product and industry knowledge, and commitment to client service to expand Henricksen’s presence. As of February 8, 2022, Synergy Business Environments will officially change its name to Synergy, A Henricksen Company. “At a time when clients and manufacturers across industries are adjusting to new trends and expectations, we are very excited to bring Synergy Business Environments into the Henricksen community,” said Russell Frees, Henricksen’s President and CEO. “Our new partnership will deliver a heightened value and enhanced experience to our collective clients while creating a dynamic culture in which our employees can grow and thrive.” Synergy Business Environments is a full-service contract furniture and architectural solutions company with offices in Nashville, Knoxville, and Chattanooga. The company has a long track record of providing high-quality products and services tailored to every client’s unique needs, culture, and goals. As work styles and environments have changed since COVID-19, the acquisition will offer clients the latest research and expertise as consumers navigate the ongoing pandemic. “Henricksen has a great reputation within the architecture and design industry, and I have always admired the company’s plans for long-term strategic growth and expansion,” said Michael Moore, CEO of Synergy Business Environments. “We’re excited to build on Henricksen’s heritage while advancing our legacy in support of our clients.” Moore added, “I’m energized by the new opportunities this partnership gives our Synergy employees.” Synergy Business Environments and Henricksen share key manufacturer partnerships, including HNI, OFS, Enwork, and Humanscale. With the acquisition, Synergy, A Henricksen Company will gain access to all of Henricksen’s product offerings, providing clients in Tennessee with a broader and more diverse portfolio. Now that the companies are aligned, they can present more cost-effective, creative, and customized solutions for their clients. Additionally, the acquisition will allow Henricksen to offer a comprehensive range of architectural products, including Mecho Shade Systems and Frasch Acoustical Solutions. “Henricksen and Synergy have been our trusted dealer partners for years, and we know firsthand how much they focus on their customers,” said HNI Corporation Chairman, President, and CEO Jeffrey Lorenger. “I’m so happy that Henricksen is bringing Synergy on board to scale their business and serve even more clients and influencers.” With six decades of exceptional customer service, Henricksen has built a reputation for creativity, industry knowledge, and innovative product solutions. Celebrating its 60th anniversary this year, Henricksen has grown to become a leading contract furniture dealership in size and scale, annual sales, and capabilities. Henricksen has over 300 manufacturer partnerships, offering various products from systems furniture, casegoods, seating, lounge, and conference furnishings to architectural solutions including modular walls, flooring, lighting, sound masking, and technology equipment. Henricksen welcomes the Synergy team. Michael Moore will serve as the General Manager of Synergy, A Henricksen Company. The team is committed to a smooth transition ensuring a seamless experience for clients and employees.