Whiteleaf

The Business

Whiteleaf is a contract furniture manufacturer that designs and manufactures a collection of kitchen and bedroom furniture primarily for the UK purpose built student accommodation market, and with a growing focus on the private development and private rental sector. The Company also provides third party products and delivery and installation services as part of its end-to-end service offering.

 

The Deal

Chiltern supported a buy-in management buy-out of the business in a deal that facilitated an exit event for the existing MD and majority shareholder. As part of the transaction, Chiltern installed a professional and highly ambitious management team led by Ben Algate.

“From the beginning Chiltern respected our experience and knowledge in these sectors, and although they guided us through the process, this was done while still allowing us to take the lead. They share my vision of strong early investment to allow us to grow market share and become one of the leading suppliers in the fitted contract furniture industry. Their approach to this transaction has suited the management team perfectly and enabled us to move the business on in line with our vision.”

Ben Algate, Managing Director, Whiteleaf Furniture

 

The Plan

Following several years of being run as a lifestyle business, Whiteleaf has an opportunity to deliver a step-change in growth as a new, entrepreneurial and sales driven management team implement best-in-class sales and operational processes alongside further investment in the team, IT systems and manufacturing facilities. As part of the deal, Peter Williamson, has joined as chairman bringing further sector experience to the team.

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