Mamas & Papas completes refinancing after record year

British retailer Mamas & Papas has completed a refinancing that it says will strengthen its financial position and support the next stage of its growth strategy, following a record year for the nursery retailer.

Existing investor Bluegem Capital Partners has reinvested in the business alongside new investors including alternative investment manager Cheyne Capital.

The refinancing follows a strong FY26 performance, with revenue rising 4 percent to 170 million pounds in the year to March 30, 2026. EBITDA increased 21 percent to 14.5 million pounds, while Mamas & Papas said it increased its market share to around 25 percent, making it the UK category leader.

The business has continued to invest in its own-brand proposition while expanding its selection of third-party brands. Its products are now available across more than 30 countries, with growth supported by its standalone stores, concessions, online operation and international business.

In a statement, Steve Parkin, executive chairman of Mamas & Papas, said the refinancing was “a vote of confidence in our strategy, performance, market leadership and forward potential”, adding that it provides a strengthened capital structure to support the company's plans.

“Our focus remains unchanged – building an even stronger Mamas & Papas brand worldwide and growing our community of new and expectant parents who rely on us for the best advice, design, quality and range,” he added.