Project Description

SNAPSHOT

Type of Investment:Management Buy-In
Industry:Flooring
Initial Investment:  July 2015
Fund:Allegro Fund II
Investment Status:Current
Website:theinteriorsgroup.nz
carpetcourt.co.nz
curtainstudio.co.nz
Contact:Chester Moynihan
Fay Bou
Khosrow Kyanian

BUSINESS OVERVIEW

The Interiors Group is New Zealand’s largest flooring, softs and curtains retailer with a national footprint of 88 stores across the country and leading brands. The Group is comprised of the Carpet Court and Curtain Studio businesses.

In July 2015, Allegro partnered with Carpet Court management to acquire the assets and operating business of Carpet Court from Flooring Brands NZ. In April 2018, Carpet Court partnered with the founders of Curtain Studio to merge their business into the broader group.

Allegro is represented on the board of The Interiors Group by Chester Moynihan (Chairman) and Fay Bou (Director).

Carpet Court was the third investment made in Allegro Fund II.