Project Description

Founded in 2007 and headquartered in Miami, Modani, a leading brand of modern and contemporary furniture at affordable prices, announces the entry of Maisons du Monde, a European leader in inspirational home décor and furniture, into its share capital with a 70% stake and an option to acquire the remaining shares in the future.

This transaction marks a major milestone in Modani’s growth journey. The company has experienced sustained expansion since its creation, generating $41.4 million in revenue and $4.9 million in EBITDA in 2017. Today, Modani operates a network of 10 showrooms across key U.S. cities (New York, Miami, Los Angeles, San Francisco, Chicago, Dallas, Atlanta and Fort Lauderdale), supported by a strong e–commerce platform and presence on leading online marketplaces.
With Maisons du Monde’s support, Modani will have additional resources to further accelerate its development, including:
  • Faster rollout of new store openings in strategic U.S. markets,
  • Enhanced digital presence through its website modani.com and online platforms,
  • Expanded product assortment, particularly in home decoration, to better meet U.S. consumer demand

Modani will continue to operate under its own brand and be led by its current management team.

Nathan Cohen, Yonel Fallous and Steven Althea, co-founders and Managing Partners of Modani, said:

« Maisons du Monde’s entry into our capital marks the beginning of an exciting new chapter for Modani. For over a decade, we have been committed to offering stylish, affordable furniture that resonates with customers across the United States. Sharing a common vision and business model with Maisons du Monde makes them a natural partner to accelerate our growth, expand our product offering, and unlock new opportunities. »