catalyst investments | Home & Decor

In December 2010 Home & Decor Holdings (“HDH”) completed the acquisition of two leading specialty retail businesses, Adairs Retail Group (“Adairs”), and Dusk Australasia (“Dusk”).

Adairs is Australia’s leading specialty retailer of manchester & soft furnishings in the Australian market. In June 2015, Catalyst successfully completed the IPO of Adairs following a period of substantial revenue and profit growth under our ownership. We remain a material shareholder in the business. 

Dusk is Australia’s leading specialty retailer of candles, home fragrance & giftware products, with over 70 stores and sales in excess of $55m at acquisition. Dusk also has a strong track record of growth, and will continue to roll out stores across Australia. Dusk headquarters will remain in Perth.

Dusk remains majority owned by Catalyst Buyout Fund 2, with the other substantial shareholders are BB Retail Capital and the senior management of Dusk.