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11/2022

MC2 SAINT BARTH acquired by PENINSULA CAPITAL / PERCASSI

ITALY Luxury Goods / Fashion & Leather Goods REV 5M - 25M EUR

Context

Peninsula Capital and the Percassi Group acquired a 40% stake in Lanikai S.r.l., the owner of the MC2 Saint Barth brand. The founders, Massimiliano Ferrari and Raffaele Noris, retained a 60% majority. The partnership aims to accelerate the brand's international expansion, leveraging Percassi's retail expertise to open new mono-brand boutiques in the US (Los Angeles), Middle East, and Asia. At the time of the deal, the brand operated 53 boutiques and had a strong e-commerce presence (25% of sales).

MC2 SAINT BARTH, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Retail & Consumer sector (11.0x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Founded in 1994 by Massimiliano Ferrari and Raffaele Noris, MC2 Saint Barth is a high-end Italian beachwear brand. Inspired by the chic and relaxed atmosphere of St. Barth, the brand offers vibrant collections for men, women, and children. Beyond its iconic swimwear, the group has expanded into year-round apparel (winter sweaters, accessories) with a strong international retail and wholesale presence.

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Historical Financials (EUR)

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2021
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2020
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REFERENCES

Revenue range: 5M - 25M EUR

EBITDA range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MC2 SAINT BARTH by PENINSULA CAPITAL / PERCASSI are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: peninsula capital