Tediber lbo with Parquest & Eutopia

Tediber opens its capital to investment fund Parquest via a primary LBO alongside the brand’s co-founders

Five years after its creation, Tediber has opened its capital to the Parquest investment fund via a primary LBO alongside the brand’s co-founders, Julien Sylvain and Aude du Colombier, Eutopia, an existing minority shareholder via Otium Consumer, which has reinvested in the operation with its new fund, the executive team, and all of the company’s employees. Subsequent to this operation, Julien Sylvain will remain Tediber’s majority shareholder.

With revenues close to 50 million euros expected in 2021, and in the wake of very robust growth since its creation, Tediber has become, in the space of just a few years, a key player in the home universe, taking position as the leading French brand for sleep products with mattresses that are modern, functional and durable, sold at fair prices and manufactured locally.

Its growth strategy rests on three pillars: development of a strong brand, now recognised by one French person in three; broadening of its product line while staying true to its DNA and values; and deployment of its "Boîte de Nuit" retail concept, already established in Paris, Toulouse and Lille. This strategy will be stepped up in the coming years, in parallel to activating new growth engines such as B2B or international.

In the words of Tediber’s founder Julien Sylvain: “We are proud to welcome Parquest as one of Tediber’s strategic partners to support us in our next development phase. Their expertise complements that of the Eutopia team, and their respective competencies will be valuable assets for Tediber in the years to come. We would like to thank the teams from 360 Capital Partners and Otium Consumer for believing in our project very early on, and contributing to its success.”

His associate Aude du Colombier goes on: “Parquest and Eutopia are fully in line with our strategy; they share our ambition to develop a strong contemporary brand, one that takes account of environmental and societal issues, and continue our growth.”