Information on the target
Made in Italy Fund II, a private equity fund promoted and managed by Quadrivio & Pambianco, has acquired a majority stake in Ferrante Brands S.r.l., the company behind the Filippo De Laurentiis brand. This transaction was completed in partnership with part of the selling family, who will reinvest in the project with a 49% stake. The acquisition of Filippo De Laurentiis marks the second investment for Made in Italy Fund II, following the reinvestment in Autry, an iconic sneaker brand, in March. It also represents the thirteenth investment by Quadrivio & Pambianco in the Lifestyle segment.
Founded in Pescara in 2011 by the Ferrante family, the company specializes in the production and marketing of premium knitwear primarily aimed at a male audience. Filippo De Laurentiis exemplifies Italian tradition in style and elegance, with 100% of its production being Made in Italy and utilizing high-quality materials such as cashmere, wool, yak, alpaca, silk, linen, and cotton. In 2023, the company reported revenues of approximately €17 million and an EBITDA of €3.2 million, with over 40% of its revenues generated from international markets, predominantly in Japan, Germany, and the United Kingdom.
Industry overview in the target’s specific country
The Italian apparel and accessories industry is renowned for its craftsmanship, quality, and innovation, making it a significant player in the global fashion market. Italy's rich heritage in textiles and design has positioned it as a leader in luxury and premium segments, attracting consumers who value artisanal quality and unique styles. The industry has shown resilience, adapting to changing consumer preferences and the rise of e-commerce, which has opened new avenues for growth.
In recent years, the demand for sustainable and ethically produced fashion has surged, prompting Italian brands to enhance their focus on sustainability practices. This shift aligns well with the values of modern consumers, particularly in key markets such as the United States and Asia, where there is a growing appetite for high-quality, responsibly made products. The Italian market is also witnessing a trend towards digitalization, with brands increasingly leveraging online platforms to reach a broader audience.
Moreover, the global economic recovery post-pandemic has revitalized consumer spending in the luxury sector, providing a favorable environment for Italian brands to expand their footprint internationally. The combination of strong brand heritage, innovative design, and a commitment to quality positions Italian companies, like Filippo De Laurentiis, for substantial growth in both domestic and international markets.
The rationale behind the deal The acquisition of Filippo De Laurentiis aligns with Made in Italy Fund II's strategy to invest in high-potential Italian brands that embody excellence and craftsmanship. By partnering with a well-established brand in the premiu…