JJO is acquired by 4D Capital Partners

Private equity firm 4D Capital Partners LLP has acquired prominent Bacup kitchen, bedroom and bathroom furniture manufacturer JJO PLC.

Established in 1868, JJO has grown to become one of the UK’s largest specialist furniture manufacturers and operates from a modern 1.2m square foot production facility, employing around 300 staff locally.

Matthew Scoffield and Anthony Robinson will join the JJO team in the roles of executive chairman and chief financial officer.

Both are highly experienced in operational improvement and business expansion in the manufacturing sector and will work closely with the senior management team.

The company has been family-owned for much of its history and Stephen Greenhalgh will remain on the board as a non-executive director.

Alex Silk, Founder of 4D Capital Partners said: “We are excited to be investing in JJO PLC and are honoured to become the new owners of this long-established business, renowned for excellence in manufacturing bespoke furniture.

“From the outset, we have been highly impressed by the talent of the team, the scope of the company’s operations and its growth potential. We are confident that, with our support, JJO can achieve even greater heights.”

The investment was led by Alex Silk, Dan Newett, Daniel Hannappel and Dominic Wong.

4D Capital was advised by Quantuma, Debt; Shoosmiths, legal; K3, tax; and Ford Campbell Freedman, tax.

4D Capital LLP is a forward-thinking private equity firm that seeks to invest in UK-headquartered companies in any sector with £20m+ revenue, that can achieve significant scale.