The UK’s market leading sofa retailer
Founded by Lord Kirkham in 1969, DFS is the UK’s leading sofa retailer, with 100 stores and employing more than 2,600 people.
DFS offers a superior breadth and range of products that appeal to the mass market.
Advent completed the acquisition of DFS in June 2010. The transaction was supported by a vendor loan from the founder which was fully refinanced by a high-yield bond in July 2010.
DFS operates in a sector which has been difficult for some retailers, but its relative size, own-manufacturing capabilities and strong reputation has allowed it to perform well.
Advent is working with the management team to drive expansion through new store roll-outs, growing the online proposition and developing new products.