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Sun Capital Partners buys the HomeForm Group
10/04/2007
US private investment firm Sun European Partners LLP, the European advisor to Sun Capital Partners, Inc., has acquired kitchen and bathroom products retailer the HomeForm Group. The HomeForm Group is the UK's market-leading specialist retailer of fully-fitted home improvement products through its key brands Moben and Kitchens Direct, Sharps and Dolphin. The business operates from facilities in Manchester and Wolverhampton and has over 160 showrooms across the UK. 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 £17bn. These include well-known names such as the UK jeans company, Lee Cooper and lingerie brands such as Playtex and Wonderbra. As the new owners of the HomeForm business, Sun brings a wealth of retail experience and financial capital to develop it further. All HomeForm Group customer commitments, deposits and delivery dates for goods that have been ordered but not yet fitted will be honoured, as will all warranty and product guarantees. Tony Vicente, Chief Executive of HomeForm, commented "This is a fantastic opportunity for us. It is 100% 'business as usual'. With the backing of Sun Capital Partners behind us, we now have the resources to develop and expand upon our market-leading position. Our brands, showrooms and most of all, our customers, will really begin to see the benefits as the months go by." Vice President of Sun European Partners, Paul Daccus, 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 we are all looking forward to a very busy Easter trading period. We strongly believe the business is a great addition to Sun Capital's portfolio of market-leading companies."

Acquisitions Related to these Companies

ScS Upholstery - Business Sale 07/07/2008
Homeform Group - Business Sale 09/04/2007
Home Improvement Brands Up For Sale 05/02/2007

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