Information on the target
Made in Italy Fund II, the Private Equity fund managed by Quadrivio & Pambianco, has completed a new investment in the apparel sector by acquiring a majority stake in Ferrante Brands S.r.l., the company behind the brand Filippo De Laurentiis. This acquisition marks the second investment for Made in Italy Fund II, following the reinvestment in Autry, an iconic sneaker brand, and 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 commercialization of premium knitwear primarily targeted at a male audience.
Filippo De Laurentiis exemplifies Italian tradition in style and elegance, with 100% of its production being made in Italy using high-quality materials such as cashmere, wool, yak, alpaca, silk, linen, and cotton. The company reported a revenue of approximately €17 million and an EBITDA of €3.2 million for the fiscal year 2023, with over 40% of its revenue generated from international markets, predominantly in Japan, Germany, and the United Kingdom. Currently, all revenue is derived from the wholesale channel.
Industry overview in the target’s specific country
The Italian apparel industry is renowned for its craftsmanship, quality, and innovation, making it a significant player in the global fashion market. Italy's rich heritage in textile production and design has positioned it as a leader in luxury and premium segments. The country is home to numerous iconic brands and has a well-established network of skilled artisans and manufacturers, contributing to its reputation as a fashion capital.
In recent years, the industry has faced challenges such as increased competition from fast fashion brands and changing consumer preferences towards sustainability. However, Italian brands have responded by emphasizing their unique value propositions, focusing on quality, heritage, and craftsmanship. This strategic pivot has allowed many brands to maintain their market positions and even expand into new territories.
Moreover, the rise of e-commerce has transformed the retail landscape, providing Italian brands with new opportunities to reach global consumers. The shift towards online shopping has prompted many companies to enhance their digital presence and invest in direct-to-consumer channels. As a result, the Italian apparel industry is poised for growth, particularly as brands leverage their heritage and quality to appeal to discerning consumers worldwide.
With a strong emphasis on sustainability and ethical production, the Italian apparel sector is increasingly aligning itself with global trends. This focus not only enhances brand reputation but al…