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New Deal


Announced

Completed

BC Partners completed the acquisition of Pronovias Group.

Financials

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Transaction Value£450m
Consideration TypeCash
Capital Owned-
Capital Bid For90%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Spain

Majority

wedding dresses

Clothing and Accessories

Private

Acquisition

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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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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