mynth
03/2018

TOWERBROOK invests in JJA

FRANCE Consumer Products / Home & DIY REV 250M - 500M EUR

Context

TowerBrook Capital Partners acquired a minority stake in JJA, the French supplier of home furnishings and decoration products to retailers, in March 2018, investing through its Structured Opportunities fund, with unitranche debt structured by Tikehau Capital. Jacques-Olivier Abiteboul, chief executive since 1999 and majority shareholder, kept control of the company and continued to run it with his management team, with the new capital intended to support JJA's expansion outside France. At the time of the deal, JJA employed about 520 people and generated revenue of , and was building a new logistics site in the Hauts-de-France region, due for completion by 2021. The investment followed other TowerBrook deals with founder-led companies, among them OVH, La Maison Bleue and Gravity. Natixis Partners advised on the sale of the minority stake.

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Target

Founded in 1976, JJA designs, sources and supplies home furnishings and decoration products, with a range running from home decoration and outdoor furniture to kitchenware, sold under its own brands, including Hespéride, Atmosphera and Secret de Gourmet. Its customers are retailers of many kinds, including discounters, food retailers and online marketplaces, to which it also provides digital services supporting their online and in-store sales. Alongside this core business with retailers, JJA sells directly to consumers through its own online and retail channels in France and in other Western European markets.

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Historical Financials (EUR)

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2017
2016

Other operations with JJA

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
06/2026MANAGEMENT & PRIVATE INVESTORSJJAFRANCEHome & DIY

REFERENCES

Revenue range: 250M - 500M EUR

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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: jja

Acquirer: towerbrook