MANAGEMENT & PRIVATE INVESTORS invests in JJA

Founder and chief executive Jacques-Olivier Abiteboul bought back the minority stake held by TowerBrook Capital Partners in JJA since 2018, the French home furnishings designer and supplier, returning the company to full ownership by its founder and management, in a deal whose closing was announced on 9 June 2026. TowerBrook had invested in March 2018 through its Structured Opportunities fund, in a transaction financed with unitranche debt arranged by Tikehau Capital, in which Abiteboul, chief executive since 1999, kept the majority of the capital and continued to run the company with its management team. During TowerBrook's eight years as a shareholder, JJA grew at an average annual rate of about 16%. It expanded into selected Western European markets, developed its own online and retail channels alongside its core business with retailers, and completed three acquisitions that took it into new distribution channels and product categories. TowerBrook also helped strengthen the management team and the company's logistics capabilities.