Littlejohn & Co. agrees to buy Brown Jordan

Transaction expected to close late January 2017

Brown JordanGREENWICH, Conn. — Littlejohn & Co., a private investment firm, has announced that an affiliate has entered into a definitive agreement to acquire Brown Jordan International, a leading manufacturer of indoor and outdoor furniture serving a variety of commercial and consumer markets.

The transaction has been approved by the boards of directors of both companies and is expected to close in late January of 2017.

See Related ArticleBrown Jordan joins fundraising event for Hoag Hospital Foundation

Headquartered in St. Augustine, Fla., Brown Jordan offers 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. The company also selectively serves the consumer market.

Founded in 1945, Brown Jordan generates in excess of $300 million of sales.

See related ArticleGertmenian to introduce Brown Jordan indoor/outdoor rug collection

Debt financing commitments in support of the acquisition have been provided by Goldman Sachs and Société Générale. Moelis & Company served as exclusive financial advisor to Brown Jordan.

Littlejohn & Co. is a private equity firm investing in middle-market companies that are undergoing a fundamental change in capital structure, strategy, operations or growth that can benefit from its operational and strategic approach. The firm is currently investing from Littlejohn Fund V, L.P., which has $2 billion in capital commitments.

Research Store

Web Directory Search
Search for Products/Companies

Featured Video

  • Casual Friday: Furnitureland South's expanding outdoor showroom

    Camera Icon More Videos

Subscribe to
Casual Living eWeekly
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Exterior Design

Exterior Design Fall 2017

A new season means a fresh look at outdoor luxury in the fall issue of Exterior Design. From the Hollywood Hills to the penthouses of New York, we explore the most opulent outdoor spaces, products and designs. The Fifth Room has arrived in high style, and you don't want to miss it! See the latest issue!

November Digital Edition


Don't miss the November digital edition of Casual Living! In this month’s issue, we look to the future of retail with a spotlight on technology. Assistant Editor Alex Milstein breaks down the basics of artificial intelligence (AI) and augmented reality (AR) and how they’re changing the furniture shopping experience. We also explain how building engagement on social media channels can boost business for retailers. 

Universe Study

You’ve waited two years, and it’s finally here! Casual Living’s biennial Universe Study offers a comprehensive snapshot of the outdoor category, highlighting its growth across all segments from furnishings to shade to grills.

Also in This Issue:

• Designer Viewpoint: A Beverly Hills backyard gets a glam makeover, thanks to renowned designer Christopher Grubb.

• Market Report: Our editors give you the inside scoop on all the new outdoor introductions at the High Point Market. Can you say Cobonpue?

• Casual Insights: Kathy Wall of The Media Matters offers insight on refreshing your brand.


November Digital Edition