Announced
Completed
Financials
Sources
Tags
Acquisition
Friendly
United Kingdom
Majority
Single Bidder
Household Furnishings
household furniture
Private Equity
Private
Completed
Synopsis
Endless, the mid-market private equity investor, has completed the acquisition of Moda Furnishings, UK’s leading independent omnichannel outdoor furniture retailer. Financial terms were not disclosed. “Moda has quickly grown into a market-leading business with high quality, premium products and a commitment to superb service with 5-star ratings on Trustpilot. Endless was able to offer shareholders a rapid, highly deliverable transaction despite the ongoing economic and political environment caused by Brexit – closing the deal only four weeks from agreeing on outline terms. We believe this is a business with fantastic potential and we’re delighted to be able to support Jonathan and Vallan on the next stage of their journey.” Mathew Deering, Endless Manchester Partner.
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