Trilantic Europe, a private equity firm focused on mid-market transactions in Europe, announced today that funds advised by Trilantic Europe have sold the firm’s 25% stake in Betty Blue S.p.A to designer and entrepreneur Elisabetta Franchi, who gains control of 100% of the share capital through the transaction. Trilantic Europe invested in the company in December 2013 and supported the company through an international growth process, based on retail development and the strengthening of its main collection.
The Elisabetta Franchi brand is distributed globally through a network of over 80 brand stores and more than 1,000 multi-brand stores.
Vittorio Pignatti-Morano, chairman and co-founder of Trilantic Europe remarked: “For our fund, the investment in Elisabetta Franchi has been an excellent experience, both in terms of results and from a professional standpoint. Over the last 4 years, the company undertook a process of institutionalization, accelerating its international expansion and improving its network of direct stores, both in Italy and abroad. The conclusion of our involvement as a financial partner, leaves the Elisabetta Franchi group ready to take another leap forward in size and geographic expansion, having acquired all the internal financial and organisation skills, necessary to deliver further growth.”