Lifestyle Fund II completed the acquisition of a 51% stake in Ferrante Brands from Ferrante Family.

Lifestyle Fund II, a private equity fund managed by Quadrivio & Pambianco, completed the acquisition of a 51% stake in Ferrante Brands, an Italian knitwear company producing premium garments under the Filippo De Laurentiis brand, from the Ferrante family, an Italian entrepreneurial family. Financial terms were not disclosed. “We're very pleased with the Filippo De Laurentiis acquisition, which once again confirms the positive strategy deployed by our private equity funds. We invest in the best Italian excellence, with the aim of enhancing these companies and transforming them into small multinationals able to compete globally. We believe that Filippo De Laurentiis has the right potential to become a point of reference in the knitwear sector, not only in Italy but also internationally," Alessandro Binello, Quadrivio CEO and Lifestyle Fund II Managing Partner.