Alantra advised the shareholders and management on the management buy-out of Buoyant Holdings, trading as Buoyant Upholstery

Jun 2013

Sell-side advisory

Alantra has advised the shareholders and management on the management buy-out of Buoyant Holdings, trading as Buoyant Upholstery. Buoyant is the UK’s largest independent furniture manufacturer and its 630-strong workforce manufactures 95% of its product at its base in Nelson, Lancashire. Buoyant’s focus is on upholstered furniture and its customer base includes national, independent and online retailer.

Alantra advised both the shareholders and the management team, on a buy-out in which NVM Private Equity supported the business with £7 million of equity alongside a significant debt package. The investment by NVM will allow Buoyant to continue to be at the forefront of product innovation and increase capacity to fully support its customers’ needs and to grow into new areas such as export markets.