TPG Capital invests in UK bathroom retailer Victoria Plumb

UK bathroom retailer Victoria Plumb has received a “significant” investment from TPG Capital. No financial terms were disclosed. According to the firm, the capital infusion will be used to accelerate its growth. KPMG advised the Walker family, the founders of Victoria Plumb, on the transaction.


Victoria Plumb, the UK’s largest online and mail order bathroom retailer, has secured a significant capital investment from global private equity firm TPG Capital. TPG Capital will partner with the founding Walker family to back Victoria Plumb’s Chief Executive Jason Walker. TPG’s investment will help the company accelerate its growth and set the benchmark for the UK bathroom retailing industry.
Established in 1999, Victoria Plumb is the largest UK online and mail order bathroom brand and one of the largest retailers of bathroom products and furniture in the UK. Operating from its headquarters in Hull, Victoria Plumb has experienced significant growth in recent years.
Jason Walker, CEO of Victoria Plumb, said: “For 15 years we have been committed to delivering quality products to our customers and making a real mark on the UK bathroom retail sector. With TPG we have found a highly experienced, long-term partner with the right digital DNA to help us achieve our maximum potential.”
Malte Janzarik, Principal at TPG Capital, said: “We have been looking for high growth companies that fit into our investment theme of digital disruption. Victoria Plumb represents an exciting opportunity to build one of the leading e-commerce companies in the UK. We are excited to back Jason as CEO and to partner with the Walker family to take the business to the next level.”
KPMG’s Leeds Office advised the Walker family on the transaction.
About TPG
TPG is a leading global private investment firm founded in 1992 with over $59 billion of assets under management and offices in San Francisco, Fort Worth, Austin, Beijing, Chongqing, Hong Kong, Houston, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, Paris, São Paulo, Shanghai, Singapore and Tokyo. TPG has extensive experience with global public and private investments executed through leveraged buyouts, recapitalizations, spinouts, growth investments, joint ventures and restructurings. TPG has expertise across the globe, having made investments in companies such as Bally Group (UK) Ltd., Creative Artists Agency, Burger King, Debenhams, Ducati Motor Holding SpA, Grohe, J.Crew, Neiman Marcus and Univsion, as well as leading technology-based companies including Lenovo, Hotwire, Sabre Holdings (Travelocity), SuccessFactors, SurveyMonkey, RentPath and TSL Education Group. For more information visit