Fausto Rinallo
Ethica Group
Riri
Deal Type
Acquisition
Sector
Consumer
Completion Date
17th January 2019
Deal Value
Not disclosed
Company Background
Riri is a manufacturer of high-end zippers and buttons for the fashion and apparel industries
Deal Summary
Ethica Corporate Finance advised Chequers Capital, one of the leading private equity investors in Europe, in the acquisition of Riri from Gilde Buy Out Partners. Chequers will support Rirì and its management team to continue growing the business with the aim of consolidating its positioning in the dynamic high-end clothing accessories market.
Value Added
Ethica leveraged on its deep knowledge of both the reference industry and the target – having advised the original set up of Riri group, through a PE backed consolidation play involving 3 different companies – to support Chequers in both creating a solid relationship with top management, and putting in place the best bidding strategy, which then turned into a successful deal, won in a heavily competitive environment.
Latest Mergers Alliance News
Dresner Partner, (USA) advised Therafin Corporation on its partnership with Altimatemedical
Khronos Advisory (Thailand) has advised Electricity Generating Public Company Limited (EGCO) on USD95 million capital increase in PT Chandra Daya Investasi
Dresner Partners (USA) advised Connoisseurs Products on its sale to Willert Home Products
Ethica Group (Italy) advised Vicenza Mode, high-end knitwear manufacturer, in the sale of a majority stake to Sienna PE
