ROBERTO CAVALLI acquired by CLESSIDRA SGR / L-GAM
Context
The acquisition of Roberto Cavalli by Clessidra SGR and its co-investors marks a significant transaction in the luxury fashion industry. The deal is driven by a strategic rationale to support the growth and development of Roberto Cavalli, leveraging the resources and expertise of the acquirers to expand the brand's global presence and improve its operational efficiency. The transaction is expected to have a positive impact on the market, as it will enable Roberto Cavalli to maintain its unique style and brand identity while benefiting from the financial and managerial support of its new owners. The deal also highlights the increasing interest of private equity funds in the 'made in Italy' sector, with a focus on supporting the growth and development of Italian luxury brands. With a strong management team in place, including Francesco Trapani as Chairman and Renato Semerari as CEO, Roberto Cavalli is well-positioned for future growth and expansion. The company's plans for international growth will be focused on preserving its brand identity and unique style, while exploring new opportunities for expansion into emerging markets. The transaction is subject to closing conditions and is expected to be completed in the upcoming weeks.
ROBERTO CAVALLI, which reported an EBITDA margin of in 2014, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (11.2x).
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Target
Roberto Cavalli is a renowned Italian fashion brand founded in Florence in the 1970s. The company has become a benchmark in the international luxury goods market, boasting an extensive network of approximately 200 mono-brand boutiques worldwide. Roberto Cavalli's product portfolio encompasses a range of high-end and casual clothing lines, including 'Roberto Cavalli', 'Just Cavalli', 'Cavalli Class', and 'Roberto Cavalli Junior' collections. The brand also offers a wide range of licensed products, such as bags, sunglasses, watches, shoes, jewelry, and fragrances. Additionally, Roberto Cavalli has a notable presence in the hospitality sector through its network of Cavalli Clubs and Cavalli Cafes, as well as a prestigious 'Home Collection'. With a strong global awareness and unique style, Roberto Cavalli has established itself as a leading player in the luxury fashion industry.
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REFERENCES
Valuation range: EV 300M - 700M EUR
Revenue range: 150M - 250M EUR
EBITDA range: 10M - 30M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Press release: view release
Target: roberto cavalli
Acquirer: clessidra sgr / l-gam