Sector
Luxury
Deal type
Management Buy Out
Year
04/2014
Status
In portfolio
Fund
Alto Capital III
Region
Emilia Romagna
Website

IPE, founded in 1959 by Carlo, Pompeo and Vittorio Cavalli, is a company based near Bologna active in the high-end luxury furniture segment. In particular, the Company develops and distributes ‘total look’ collections with its own brands (products include beds, sofas, carpets, lamps etc.).

The Company has registered an important growth, mainly following the launch of the Visionnaire collection, in early 2000. Its glamorous style is particularly appreciated abroad, with sales outside Italy, representing over 80% of the Company’s revenues. Alto Capital II sold its stake to another Private Equity fund in April 2014. Alto Capital III acquired a minority participation in the Company alongside the new shareholder.