Group Bayport is thrilled to announce the acquisition of Northcape, a Chicago-based company renowned for its 25-year legacy of delivering high-quality furniture and cushions through retail partners across the nation.
Northcape’s reputation for exceptional quality, style, and comfort has established it as a leading B2B brand in the outdoor furnishing industry, particularly noted for its innovative approach to custom (DFM) furniture and cushions.
Nishant Shah, CEO of Group Bayport, expressed enthusiasm about the acquisition, stating:
“We are excited to welcome Northcape into the Group Bayport family. Their strong market presence and dedication to quality perfectly align with our vision. This acquisition will pave the way for us to offer enhanced value and expanded offerings to our customers while strengthening our position in the custom home decor segment.”
Rajiv Bhatt, Head of M&A and Strategy, stated:
“This acquisition represents a major milestone for us. By integrating Northcape’s operations and nationwide sales expertise with our vertically-integrated operating model, we anticipate rapid growth in our B2B covers and cushions segment. Looking ahead, we’re committed to exploring strategic acquisition opportunities, with a focus on North America, the UK, and Europe.”
Tom Murray, President of Northcape, also shared his excitement about the new chapter:
“Joining forces with Group Bayport presents an incredible opportunity for us. With their robust global presence and extensive production capabilities, including a significant footprint in India, we are poised for accelerated growth. We are already in the process of launching a new furniture covers and cushion program, a highly anticipated addition that our customers and suppliers have long requested.”
