Home Decor completes Management Buyout led by Executive team

We’re proud to share news of a significant milestone for Home Decor, one of South Yorkshire’s leading international bedroom furniture specialists. Our team played a pivotal role in structuring the deal and guiding the process, ensuring a smooth transaction that satisfied all parties and set the stage for Home Decor’s exciting future.

Press Release:

South Yorkshire’s market-leading international bedroom furniture specialists Home Decor, has been purchased this month in a management buyout led by the company’s Executive Team: Jason Limbert, Chief Executive Officer; Neil Martin, Contract Sales Director; and Jon Griffiths, Sales & Marketing Director.

On behalf of the Executive Team, Jason Limbert said

“This is a defining moment for Home Decor as the Executive team increase their minority shareholding to take full ownership of the company. We are grateful for having been given this opportunity by Cerberus Capital Management and for the financial support and vote of confidence of HSBC to enable our ability to achieve it.”

“We would like to thank Shorts, especially Chris Alsop who has worked tirelessly on our behalf to structure a deal that satisfied all parties. We would also like to thank David Leonard our Relationship Director at HSBC who has been supportive of the business over many years and has worked with us to achieve a funding solution to enable the Executive team to take full control of the company at such a significant point in the company’s journey.”

“Paul Trudgill at Knights has also done a fantastic job of guiding us through the legal process, similarly David Robinson at Shorts has been great guiding us fully through the tax considerations of the transaction.”

“Under the full control of the Executive team, who collectively bring over 40 years of service, we look forward to continuing to implement our strategic plan that will continue to deliver growth, creating even more security for our valued Home Decor team.”

Chris Alsop added

“It has been a pleasure to assist the shareholders with this transaction. Home Decor has a strong reputation within their sector and we look forward to providing continued support throughout the next chapter of the company’s growth.”

As a long established Sheffield manufacturing business, Home Decor supply into retail, distribution, new build construction and online markets. Visit https://hdhc.com/