Bed Bath & Beyond Inc is set to acquire Cabinets To Go, Lumber Liquidators, and some other businesses to expand its national home services platform.

The company has signed a letter of intent to acquire the equity interests and substantially all assets of F9 Brands, which owns and operates Cabinets To Go, Lumber Liquidators, Gracious Home, Thos Baker, and Southwind Building Products.

The deal is part of Bed Bath & Beyond’s plan to build a fully integrated home services platform under Beyond Home Services. The segment will combine brands across cabinets, flooring, closets, and distribution with installation services, financing solutions, and a growing retail footprint.

“We believe these assets, including Elfa and Closet Works, will expand our ability to serve customers across the full lifecycle of homeownership, from design and product selection to installation and financing,” the company said.

The transaction’s headline price exceeds $140 million, including $37 million in cash and approximately 16 million shares of Bed Bath & Beyond common stock, valued at $107 million at the current market price.

Jason Delves, president and CEO of F9 Brands, will become CEO of Beyond Home Services and join the executive leadership team of Bed Bath & Beyond Inc.

F9 Brands generated approximately $522 million in net delivered sales last year. It currently has approximately $130 million of inventory on hand.

In addition to the standalone Cabinets To Go and Lumber Liquidators stores, customers will have access to F9 Brands’ products and services through the custom spaces section of The Container Store and Bed Bath & Beyond stores. 

Bed Bath & Beyond plans to leverage more than 2.2 million square feet of retail space to create full-service home project centers where customers can design, purchase, finance, and install complete home solutions.

The transaction is expected to close after the company’s annual shareholder meeting in May.