TowerBrook Capital Partners has signed a binding memorandum to acquire a majority stake in Bruneau from Equistone Partners Europe, a European mid-market private equity firms. Bruneau is an online distributor of office furniture and supplies in Europe.
Nicolas Potier, CEO of Bruneau, said, “We are very happy to welcome Towerbrook as a very strong partner to help us achieve our organic growth objectives, including product offering expansion and web-based customer acquisition, as well as our external growth initiatives.”
Grégoire Chatillon and Grégoire Schlumberger from Equistone said, “We are very proud to have accompanied Bruneau’s outstanding growth story since 2017. As the Group demonstrated resilience during the pandemic, recent acquisitions show it is ideally positioned to be a major player in the sector’s European consolidation.”