In September 2019, Endless Fund IV acquired the UK’s leading independent omni-channel outdoor furniture retailer, Moda Furnishings.
Headquartered in Manchester, Moda Furnishings was established in 2014 and has grown rapidly in sales and profitability in that time. It provides a comprehensive range of premium rattan garden furniture through its website (www.modafurnishings.co.uk) and its two showrooms in Manchester and Caterham (Surrey). The business offers a unique, modular range of designs with an exceptional reputation for customer service, innovation and quality of product.
Endless moved quickly to demonstrate the desire to support CEO Jonathan Brierley and COO Vallan McCarthy with their future plans, concluding this investment in only four weeks. All financial due diligence was performed in-house and the transaction was fully funded by Endless.