Bright Capital provides financing package as a succession tool for family business Dietsch Polstermöbel GmbH

Bright Capital and a co-investor provide unitranche financing in support of the corporate succession of Dietsch Polstermöbel GmbH via the acquisition by Family Trust Investor FTI GmbH (FTI). Founded in 1990 and headquatered in Springstille, Germany, the Company is a leading manufacturer of innovative and high-quality upholstered furniture in Germany, covering the entire value chain from design, construction & prototyping further to production processes, incl. frame construction and wood cutting, fabric and leather cutting, sewing, and upholstery. The previously family-run company is highly regarded for its excellent “Made in Germany” quality amongst both end-customers and retailers and benefits from a highly flexible cost structure.

Matthias Mathieu, Founder and Managing Partner at Bright Capital: “Dietsch represents our fourth investment out of our Vintage II fund (est. in 2019), and an opportunity to support a resilient, market leading business, which is ideally positioned due to its highly flexible cost structure and broad innovative and high-quality product portfolio serving a diversified customer base.”