.
MergerLinks Header Logo

New Deal


Announced

Completed

NB Renaissance completed the acquisition of a 70% stake in U-Power.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

footwear

Acquisition

Italy

Domestic

clothing

Majority

Friendly

Footwear

Private Equity

Single Bidder

Private

Completed

Synopsis

Edit

NB Renaissance, a private equity firm, completed the acquisition of a 70% stake in U-Power, a footwear company. Financial terms were not disclosed. “By partnering with an exceptional entrepreneur and a very talented management team, our goal is now to expand the business into new geographies and product categories and create a worldwide leader in safety protection equipment,” Stefano Bontempelli, NB Renaissance Co-Founder and Senior Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US