TBG Furniture Limited (TBG) has attracted investment from Blandford Capital, who have acquired the Belfield Group business from NorthEdge Capital and provided funds to accelerate growth.

TBG comprises Westbridge Furniture, Tetrad, Belfield Leisure and Clinchplain, and is a leading, UK-based, premium manufacturer of upholstered furniture and soft furnishings, known for the development of high quality, design-led products, delivered to a diverse customer base. TBG supplies the UK and export retail, leisure and furniture trade sectors from its sites in North Wales, Lancashire, Derbyshire and Romania and employs nearly 1,000 people, generating revenues of around £85 million per year.

Tom Prestwich, CEO, and the management team will continue to lead the business under the new ownership.

Neville Kahn, a founding partner of Blandford Capital said: “We are thrilled to partner with TBG. TBG has an unmatched reputation in the UK for providing high quality upholstered and soft furnishings. We look forward to working with Tom and the talented TBG team to maximise the many opportunities in the UK and export upholstery markets.”

Keven Parker, Managing Partner at NorthEdge added: “We have enjoyed a long partnership with the Belfield Group, and we look forward to seeing the business and its team continue to grow alongside its new partner, Blandford.”

Tom Prestwich, CEO of TBG, said: “We are delighted to be working with the Blandford team during this exciting next phase of growth. We will continue to provide an incredible service with passion and enthusiasm, delivered by a highly skilled team. Together we look forward to designing, building and selling beautiful products to our strong client base and achieve success into the future.”

The acquisition sees TBG Furniture Ltd acquire the Belfield Group business, retaining 100% of its team.