Alantra advised the shareholders and management of Belfield Furnishings Group Limited on the management buy-out of the business, backed by NorthEdge Capital

Jun 2016

Sell-side advisory

Alantra has advised the shareholders and management of Belfield Furnishings Group Limited on the management buy-out of the business, backed by NorthEdge Capital.

Formed in 2002, Belfield has grown into one of Europe’s largest and most successful manufacturer and distributor of upholstered furniture, soft furnishings, curtains and accessories, caravan interiors and beds. The business supplies most of the UK’s leading high street retailers including John Lewis, M&S, Next and Ikea as well as a number of online retailers. The business is also able to supply integrated furniture and furnishings solutions to the likes of Center Parcs.

Belfield has sales of circa £150m and employs over 1,200 people across its manufacturing sites in the East Midlands and North Wales with a wholly owned subsidiary in Romania. The business has, by some way, the largest in-house design team in the UK furniture industry which enables it to provide high quality, design-led solutions at a competitive price for its demanding customer base.

The transaction provides an exit for the original founding shareholders of the Group as well providing access to new capital which will accelerate a number of organic growth opportunities, including new product development and expansion into new markets, as well as facilitating strategic acquisitions of complementary businesses.