From Home Furnishing Business
Brown Jordan Acquisition Complete
Headquartered in St. Augustine, Fla., BJI offers a complete line of indoor and outdoor furnishings primarily for use in hospitality, leisure, multi-family, corporate, restaurant and other commercial environments through its Brown Jordan, Charter, Texacraft, and Tropitone segments.
"Brown Jordan is an iconic brand and BJI is a unique platform in the outdoor and indoor furniture market" said David Simon, managing director of Littlejohn. "We are excited to partner with BJI's management team to drive the company's next leg of growth," Simon said.
"BJI's unique value proposition, driven by superior quality, service, innovation, and order execution has enabled BJI to win market share across each of its business segments," said Gene Moriarty, CEO of BJI.
"The Company's low-cost, domestic manufacturing and distribution footprint is a strategic asset and we welcome Littlejohn's expertise and support to help us execute on a number of high-return continuous improvement initiatives to deliver even more value to our customers."
Steven Kalter, principal of Littlejohn, added, "Under Gene's leadership, BJI has diversified and grown its end market exposure through a focus on investing in its commercial segment. We look forward to supporting the Company's acquisition program to further strengthen its positioning as a one-stop shop for its customers in both the commercial and consumer markets and leverage its best-in-class distribution network."