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New Deal


Announced

Completed

Tamburi completed the acquisition of an 18% stake in OVS from Gruppo Coin for €75m.

Financials

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Transaction Value£64m
Consideration TypeCash
Capital Owned5%
Capital Bid For18%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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womenswear

Private Equity

Clothing and Accessories

Minority

Italy

Acquisition

Friendly

menswear

Completed

Public

Single Bidder

Synopsis

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Tamburi Investment Partners, an independent investment/merchant bank, completed the acquisition of an 18% stake in OVS, a fashion company that designs, develops and merchandises menswear, womenswear and children's wear, from Gruppo Coin, a departmental store, for €75m. As a result of the above, TIP, already shareholder of OVS with an equity interest of c. 4.9%, will achieve an overall stake of around 23% of the share capital of OVS.

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