MBO of Whiteleaf Furniture
HMT LLP advised contract furniture manufacturer Whiteleaf on their recent MBO.
Established in High Wycombe in 1870 by specialist chair maker William Goodearl, Whiteleaf produces contract bedroom and living room furniture predominantly for the student accommodation market.
Working independently or alongside design professionals, Whiteleaf offers a complete service; from manufacture & supply only, to a project managed, turn-key option; inclusive of bedroom, kitchen, lounge and communal furniture.
The investment will enable Whiteleaf to grow the business and to develop products for new industries such as the private development and private rental sectors.
HMT undertook financial due diligence on this transaction.
Paul Read commented:
“We are delighted to have advised Whiteleaf on the MBO/MBI. Whiteleaf Furniture is a well-established business that is recognised for the quality and longevity of its products. The funds raised will enable the business to develop their product range and market to new sectors. We look forward to working with them again in the future.”
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