Announced
Completed
Financials
Tags
Spain
Majority
wedding dresses
Clothing and Accessories
Private
Acquisition
Private Equity
Completed
Friendly
Single Bidder
Synopsis
Private equity firm BC Partners completed the acquisition of Pronovias Group, the world’s largest bridal wear company, from its founder. Financial terms were not disclosed. "We have a tremendous respect for Alberto and what he has achieved. Pronovias is a truly unique company and benefits from a portfolio of strong brands, decades of market presence, outstanding design capabilities and highly distinctive corporate culture. We are highly enthusiastic about Pronovias’ development opportunities and we look forward to our partnership with Alberto Palatchi to pursue an ambitious growth strategy, fuelled by investments in sales & marketing, product innovation, operational excellence and selective acquisitions," Jean-Baptiste Wautier, BC Partners Managing Partner.
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