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Announced

Kapital 1852 completed the acquisition of a majority stake in H. May.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

furniture wholesaler

Household Furnishings

Private Equity

Friendly

Acquisition

Completed

Single Bidder

Majority

Private

Germany

furniture producer

Synopsis

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Kapital 1852, a private equity firm, completed the acquisition of a majority stake in H. May, a provider of furniture. Financial terms were not disclosed. "We are pleased to have a successful and experienced entrepreneur as a partner in Jens-Uve May, who has known the industry for a long time and has developed a deep understanding of the products and customer groups. In the future, we will actively support the MAY team in implementing the various internal and external growth initiatives. In order to achieve our common goals, we will initially invest primarily in the organization and digitization of MAY's business processes," Eberhard von Strenge, Kapital 1852 Partner.

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