TBG Furniture, a leading manufacturer of upholstered furniture and soft furnishings, has secured investment from Blandford Capital in a deal that marks NorthEdge Capital’s exit from the business.
The company, which generates approximately £80 million in annual revenue, operates across the UK and internationally, supplying retailers, the leisure industry, and the furniture trade. It employs nearly 1,000 people across North Wales, Lancashire, Derbyshire, and Romania facilities.
Under the new ownership, CEO Tom Prestwich and the existing management team will continue to lead the business. The investment from Blandford Capital is expected to support further expansion and strengthen TBG’s position in both domestic and export markets.
The acquisition includes TBG’s key brands: Westbridge Furniture, Tetrad, Belfield Leisure, and Clinchplain. Blandford Capital’s involvement is aimed at capitalising on growth opportunities in the UK’s upholstered furniture sector while expanding international reach.
NorthEdge Capital, which has backed TBG Furniture since its ownership of the Belfield Group, has now exited the business as part of the transaction.