M&A
Jollyes acquired by TDR Capital
Under Kester’s ownership Jollyes’ network of stores has expanded from 64 to 100 and its employee base more than doubled to over 1,200
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2024/02/image002-12-e1709132286661.jpg?lossy=1&strip=1&webp=1)
Jollyes has been acquired by TDR Capital from previous owners Kester Capital, for what Kester calls a 4.2x return on investment.
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