Harvey Jones

A designer, manufacturer and retailer of bespoke kitchens

Harvey Jones

Sector

Retail & Brands

Location

Croydon

Deal type

Management Buyout

Investment size

£3.4m - 2.2x return

Investment date(s)

2007 & 2014 - 2017

Website

harveyjones.com

"We enjoyed working with YFM and appreciated their support as an investor through the economic downturn and showroom roll out programme."

John Curwen, MD of Harvey Jones

The business

  • A designer, manufacturer and retailer of high quality, bespoke kitchens
  • Operated 10 stores across London and the South East of England
  • An ambitious management team looking to buy the business from a retiring founder

The strategy

  • Increase brand awareness to become a market leader
  • Grow beyond the South East by opening new stores nationwide and tapping into local markets
  • Maintain the high quality and brand integrity during expansion

The developments

  • Grew the number of stores from 10 to over 30, despite the challenging economic climate
  • Increased market share to double revenue
  • Won several industry awards including “Best Kitchen System” at the Grand Designs Awards
  • Sold via a secondary management buyout backed by Allied Irish Bank, delivering a 2.2x return for YFM funds

In 2015 Harvey Jones released their first television advert to promote their Spring Sale.

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