26 April 2017
NorthEdge Capital has invested in environmental and industrial services specialist Future Industrial Services (FIS), backing the management buy-out from its Irish listed parent company, One51 PLC, at an equity value of £16m.Find out more
Arthouse is a leading designer and provider of home decorative products and wall coverings to retail outlets both in the UK and overseas, across a range of different sales channels and market sectors.
Arthouse was established in 2000 and was subject to an MBO in 2007 led by Anita Kenyon, the CEO of the business. Since then, the business has grown through a combination of new customer acquisition and overseas expansion. Its customer base now includes major UK retailers including B&M, B&Q, Wilko and Homebase.
NorthEdge was attracted to Arthouse because of its competitive market position, impressive customer base and track record for innovation and fresh ideas. NorthEdge is backing a strong management team with a highly deliverable investment case to capitalise on a strong pipeline of opportunities.
Arthouse is looking to further strengthen its presence in the UK, and expand into overseas markets, in particular the US and Middle East. It is also aiming to enhance its digital offering, and make further bolt-on acquisitions, with focus on other companies in the UK targeting overseas markets.
Anita Kenyon, CEO of Arthouse, said: “The investment we have received from NorthEdge marks the next stage of development for Arthouse. The funding puts us in a position to begin acting on our growth plans, up-scaling our service offering and targeting overseas expansion, allowing Arthouse to reach an even broader range of customers both at home and abroad.”