BC Partners Acquires Nicole Fashion Group Through Pronovias
London / Barcelona / Milan / NY – July 2, 2018
Funds advised by BC Partners (“BC Partners”), through their participation in Pronovias Group, have reached an agreement with Carlo Cavallo, Alessandra Rinaudo and Luigi Cavallo to acquire Nicole Fashion Group S.p.A. (“Nicole” or the “Group”), a leading European bridalwear brand.
Founded in 1996 in Saluzzo, Northwest Italy, by Carlo Marco Cavallo and Alessandra Rinaudo, Nicole is a leading designer and distributor of luxury bridal and evening wear, with a portfolio of prominent brands (including “Nicole”, “Alessandra Rinaudo” and “Colet”) distributed in 40 countries around the world. Nicole is widely acclaimed for its distinctive focus on high-quality dresses, customer service and product design. This successful strategy initiated and led by its founders has translated into an outstanding track-record over the last two decades. Today, the Group employs 110 people globally and operates five stores in Italy.
Partnering with Nicole will allow Pronovias to strengthen its European leadership and brand portfolio to further unlock growth opportunities across several countries. The combination will see both companies benefit greatly from their synergies and reinforce their respective product innovation and marketing capabilities for the benefit of customers and clients across the world.