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Fashion & Luxury

Build-up in luxury footwear

A Veneto-based footwear group backed by a private equity fund, active in the design and production of luxury footwear. A build-up path with four acquisitions in around three years within the Veneto footwear district, integrated into the group's platform and industrial plan.

Thera Capital's initial role

Sell-side advisor for a company operating in the luxury footwear sector, with revenue of around €20M.

Work carried out

Led the exit process as financial and tax advisor toward an investment fund, successfully concluded in 8 months.

Thera Capital's subsequent role

Group advisor to the investment fund in the Performance Improvement and Corporate Finance areas, for the build-up process. Buy-side deal flow and post-merger integration in the AFC and Tax areas, to optimize and standardize compliance processes and periodic reporting.

KPIs achieved

  • Average integration time for the acquired target: 8 months

  • Group revenue up from ~€40M to €90M+, in 3 years

  • 5 companies integrated

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