Quantuma’s Capital Advisory team has advised private equity investor 4D Capital Partners LLP (4D) on its acquisition of J&J Ormerod PLC (JJO), one of the UK’s oldest manufacturers of bespoke kitchens, bedrooms and bathrooms.
This is the second major deal Quantuma has supported 4D on this summer, following the carve-out of Hepworth Clay from Orbia (BMV: ORBIA), further cementing Quantuma’s reputation for complex mid-market transactions and bid-support for private equity investors.
The transaction was led by managing director Scott Peters and associate director Richard Hill, with support from analyst Matt Freer. Quantuma provided deal structuring and debt advisory services, delivering a funding solution aligned with 4D’s investment strategy.
Founded in 1868 and headquartered in Rossendale, Lancashire, JJO is one of the UK’s longest-standing fitted furniture manufacturers, with a turnover of over £30m. Known for its design-led, bespoke product ranges and strong craftsmanship, JJO serves a nationwide network of independent retailers and trade customers, with a growing contracting division supporting housebuilders and residential developers.
With 4D’s operationally focused expertise and industry connections, JJO’s leadership team expects to drive profitable growth through new contracts and operational improvements. The Greenhalgh family will retain a significant stake, ensuring continuity, while 4D brings new investment and expertise.
The Quantuma team acted as buy-side adviser, including structuring the transaction to optimise returns and securing a funding arrangement with Allica Bank through an efficient marketing process, to support the acquisition and future growth initiatives.
Alex Silk, managing partner of 4D Capital Partners LLP said:
“JJO is a great business, in which we see unrealised potential, and we can’t wait to work with the existing team to drive profitable growth. Quantuma’s execution skills and knowledge of the funding market will be fundamental to the success of this investment. Following the prior success in funding our acquisition of Hepworth Clay, we are pleased to have a trusted adviser on our side to help navigate the complexities of this deal. The 4D team is only just getting started, and we look forward to building on this momentum with future investments.”
Richard Hill, associate director at Quantuma responded:
“It’s been a real pleasure working with the 4D team to deliver this transaction; they bring a real hands-on energy and have a clear vision on how to unlock hidden value in businesses with untapped potential, as we have already seen in the months following their investment in Hepworth Clay. We look forward to exploring new opportunities in the months ahead! Allica’s borrowing base facility is a compelling proposition, offering borrowers competitive terms, flexibility, and a relationship-driven approach. Amy Beasley and the Allica team were pragmatic and very easy to deal with – they’re a great addition to the market and we’re excited to work with them on future deals.”
Led by Scott Peters in Quantuma’s Birmingham office, the Capital Advisory team continues its track record of delivering high-profile, complex transactions for leading investors and continues to see a full pipeline of opportunities across the debt and equity spectrum. This is one of several deals delivered in partnership with Midlands-based investors and advisory firms since Scott launched Quantuma’s Birmingham-based Capital Advisory team one year ago, reflecting the importance that ABLs - often based out of the Midlands - play in supporting the growth of the UK’s SMEs.
Deal advisors
4D Capital was advised by: Quantuma (Debt & Buyside Advisory), Shoosmiths (Legal), Knight Frank (Property), SIA Group (surveys). JJO’s shareholders were advised by: DWF (legal) & RSM (sellside).
