The Trilantic Capital Partners fund enters the capital of Betty Blue, an Italian company operating in the clothing and accessories sector. The operation takes place through the sale of a stake in the company, founded in 1998 in Bologna by Elisabetta Franchi.
In 2012 Betty Blue spa achieved revenues of approximately 105 million Euros with an Ebidta margin of approximately 26 million Euros and expects to close 2013 with further growing results.
“The entry of Trilantic – said Elisabetta Franchi – takes place on the basis of a shared development plan, which will allow the company and the Elisabetta Franchi brand to significantly accelerate growth on international markets with particular reference to the basins of South-East Asia ”.
Trilantic Capital Partners is a private equity operator specializing in the acquisition of controlling stakes or significant minority stakes in companies based in Europe and North America, operating mainly in the consumer, industrial, energy, financial and business services sectors. It manages four institutional private equity funds that can count on total assets of around 4,5 billion euros.
“Betty Blue convinced us to invest in this project – declared Vittorio Pignatti Morano, founder and European Chairman of Trilantic Capital Partners -. We will work to allow the brand to increase its international presence and make the most of the great opportunities offered by all those markets attracted by "made in Italy" products. The role of a serious private equity fund is to provide adequate financial and managerial support for long-term industrial growth”.
