A consortium led by Solida Capital completed the acquisition of Giorgetti from Progressio.

A consortium led by Solida Capital, an independent investment advisory firm, including Alsara, an international private investment company, and Vivium, a single-family office, completed the acquisition of Giorgetti, a high-end Italian furniture and design company, from Progressio, a private equity firm. Financial terms were not disclosed. "We are excited to be part of Giorgetti’s centennial journey. A brand that is not only a benchmark in the industry but also an iconic name symbolizing heritage, beauty, and unparalleled craftsmanship. These solid foundations will propel Giorgetti into its next hundred years, with the ambition to extend beyond furniture and to express its values across everything that is exquisitely and beautifully crafted," Elie Khouri, Vivium Founder.