Barclays Private Equity / Natexis Industrie take majority stake in Maisons du Monde

The transaction involves a joint acquisition of Maisons du Monde by Barclays Private Equity and Natexis Industrie through a management buyout (MBO), with the goal of supporting the company's next phase of growth. The deal takes place as the business is experiencing sustained growth momentum, driven by the expansion of its store network and the strengthening of its brand reputation in the mass market home decor sector. The objective of the transaction is to support the accelerated development of the store network (currently comprising 132 outlets), with a steady pace of openings in France and Europe, as well as the gradual structuring of international operations. The company aims to continue its upward trajectory by capitalizing on its unique positioning in accessible and inspiring home decor. The financing structure is based on a balance between equity and senior debt arranged by a banking syndicate, supplemented by a mezzanine tranche that enhances the leverage effect while maintaining sufficient financial flexibility to support growth. This financing scheme is well-suited to a rapidly expanding business with improving cash flow generation.