Simply Interior Homes seeks stalking horse bidder

Wilmington, Del. – Simply Interior Homes secured approval in bankruptcy court yesterday to access a $15 million loan as its looks to nail down a stalking horse bidder by July 1.

The funding will be used to keep the business running as a going concern while also liquidating some inventory to pay its creditors, according to filings in the U.S. Bankruptcy Court for the District of Delaware.

Simply Interior Homes filed for Chapter 11 bankruptcy on June 8. Its creditors are owed roughly $100 million. The company’s top 30 unsecured creditors – primarily suppliers of its window, bedding and bath products – are owed approximately $21 million.

See also:

• Keeco carve-out left Simply Interior Homes ‘diminished,’ CRO tells the court
• Top unsecured creditors owed over $21 million in Simply Interior Homes bankruptcy

“Despite these obstacles, the debtors’ core business retains real commercial value, including a portfolio of recognized home textiles brands, strong international sourcing capabilities, and close relationships with major retail partners,” chief restructuring officer Adam Zalev stated to the court in an opening day filing.

Simply Interior Homes was formed in February 2025 through a carve-out by private equity owner Centre Lane Partners that spun off the former Keeco company’s utility bedding division, which rebranded as Live Comfortably. Simply Interior Homes currently operates with 27 employees; its principal office in Rock Hill, S.C.; overseas sourcing offices in China, Pakistan, and India; and a New York showroom in Keeco’s former space, which it shares with Live Comfortably.

Rock Creek Advisors is serving as the company’s sales agent as it seeks a buyer. If the company succeeds in finding a stalking horse bidder by July 1, it is looking toward an auction on July 30, followed by an Aug. 6  sale hearing.