The West Sussex-based furniture company Maker&Son, founded in 2018 by Alex Willcock and his son Felix Conran, has been acquired by investment group Inc & Co in a substantial multi-million-pound transaction.
From its base of operations in Balcombe, which includes a headquarters, design studio, and showroom, the company has extended its international presence with manufacturing facilities in the UK, Ireland, the United States, Australia, Asia, and New Zealand, supporting local production in these regions.
Recently valued at £55 million, the brand employs 150 staff members. Maker&Son is particularly known for its viral ‘Sofa Jump’ advertising campaign, which began in 2018.
This marketing approach is crucial for the brand as they do not sell in physical stores, instead reaching customers directly through their ‘mobile’ showroom.
Felix Conran, co-founder of Maker&Son, remarks: “Our vision for the business was to put our products and people – both our team and our clients – at the heart of what we do. With this comes a true sense of British heritage and belonging for our teams, and our clients alike.
“The sale will enable us to continue our vision of creating luxury sustainable furniture. We are delighted that Inc &Co have seen the value in what we have achieved to date and are excited to work with them to write the next chapter for Maker&Son.”
Inc & Co, headquartered in Manchester, will now assume full control of the Maker&Son group, including its global operations. The group, established three years ago, recently reported a turnover of £30 million in its second year.
Maker&Son is the latest addition to a series of recent acquisitions by the group, which includes the luxury leather brand KNOMO London, the food and beverage brand Chop’d, and King Street Grooming.
Inc & Co plans to expand Maker&Son by establishing 20 new regional locations for its mobile showroom over the next 18 months.
Jack Mason, the group CEO of Inc & Co, comments: “Inc & Co pride itself on being known for expediting acquisitions in an extremely diligent and human-centric way. We are excited to be joining Maker&Son on its business journey. It is a distinguished brand, with provenance and vision. The fast and international growth to date has proven the strength of the product and we’re looking to expand on this further.
“Inc & Co, much like Maker&Son, is honed on creating and delivering products and services for the modern, sustainably conscious and digitally aware customer. Maker&Son fits seamlessly into the Inc & Co portfolio of brands and we can’t wait get under the skin of the business.”