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BC Partners-backed Pronovias acquired Nicole Fashion Group.

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Private Equity

Italy

Acquisition

Friendly

Private

wedding dresses

Clothing and Accessories

Single Bidder

Synopsis

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BC Partners has acquired European bridalwear company Nicole Fashion Group through Pronovias. The PE firm acquired stakes from founders of Nicole Fashion, chief executive officer Carlo Cavallo, creative director Alessandra Rinaudo and Luigi Cavallo. In a statement revealing the acquisition, Amandine Ohayon, ceo of the Pronovias Group, said she was convinced that Cavallo’s and Rinaudo’s “contributions to our executive committee and product innovation committee, respectively, will be highly valuable to the Pronovias Group.”

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