Sun European Partners, LLP ("Sun European Partners), the European adviser to Sun Capital Partners, Inc. ("Sun Capital), today announced that one of its affiliates has acquired the HomeForm Group ("HomeForm or "the Group), UK's market-leading specialist retailer of fully-fitted home improvement products through its key brands Moben and Kitchens Direct (fitted kitchens), Sharps (fitted bedrooms), and Dolphin (fitted bathrooms). The business operates from facilities in Manchester and Wolverhampton and has over 160 showrooms across the UK.
Tony Vicente, Chief Executive, HomeForm Group, said: "This is a fantastic opportunity for HomeForm. With the backing of Sun Capital Partners, we now have the resources to expand our strategic operating objectives and deepen our penetration of the marketplace.
Paul Daccus, Vice President, Sun European Partners, added: "We are delighted to have advised Sun Capital on the acquisition of the HomeForm Group. The Group has been highly successful in developing its range of leading UK home improvement brands and we are very excited about the potential for further expansion. HomeForm aims to offer all customers an even better experience and the Group is looking forward to a very busy Easter trading period. We strongly believe that the business is a great addition to Sun Capital's portfolio of market-leading companies.
Sun Capital Partners is a leading global private investment firm with significant global retail and consumer products experience. Sun Capital affiliates have invested in more than 145 companies across the world, with combined sales in excess of £17 billion (USD 33 billion). These include well-known names such as the UK jeans company, Lee Cooper, and lingerie brands such as Playtex and Wonderbra.
About the HomeForm Group
HomeForm is the largest business in the UK selling kitchens, bedrooms, and bathrooms on a fully installed basis. Networks of designers visit every customer's home and design an installation that exactly meets customer needs. By providing a fully installed service, customers benefit from one point of service which covers all aspects of their purchase - design, product selection, delivery, and installation, thereby shortening lead times and still delivering consistent, guaranteed quality.
About Sun European Partners, LLP
Sun European Partners, LLP is the European advisor to Sun Capital Partners, Inc., a leading U.S.-based investment firm focused on leveraged buyouts, equity, debt, and other investments in market-leading companies that can benefit from its in-house operating professionals and experience. Sun Capital affiliates have invested in and managed more than 145 companies worldwide since Sun Capital's inception in 1995 in the United States, with combined sales in excess of USD 33 billion. For more information, please visit www.SunEuropeanPartners.com.
