Amahorse Acquired by LBO France in Strategic Move
Deal News | Mar 28, 2025 | LBPO France
LBO France, through its Italian platform Polis SGR, has acquired a majority stake in Amahorse, a prominent Italian company specializing in equestrian apparel and accessories. This strategic acquisition aims to support Amahorse's international expansion and solidify its position in the equestrian sector. Founders Riccardo and Simone Volpi will continue to lead the company operations, having reinvested in the company. Amahorse, based in San Giustino, has a strong presence in over 60 countries and is known for its advanced product portfolios and prestigious brand offerings. The investment is part of LBO France's Small Caps Opportunities II fund, which targets high-growth potential companies in France and Italy. The deal involves several advisors, including Alvarez & Marsal for financial due diligence, OC&C for commercial due diligence, and Bonelli Erede Lombardi Pappalardo for legal due diligence. LBO France's investment promises to accelerate Amahorse's growth and market reach.
Sectors
- Private Equity
- Equestrian Apparel and Accessories
Geography
- Italy – Amahorse, the target company, is based in San Giustino, Italy, and the transaction is a significant activity within the Italian market.
- France – LBO France is the private equity firm acquiring Amahorse, bringing a French influence to this cross-border transaction.
Industry
- Private Equity – LBO France is a private equity firm involved in acquiring Amahorse, marking a strategic investment in the equestrian sector.
- Equestrian Apparel and Accessories – Amahorse is a leader in the design and distribution of equestrian apparel and accessories.
Financials
- 8th investment in Small Caps Opportunities II fund – Part of LBO France's ongoing investment strategy focusing on high-potential SMEs in France and Italy.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| LBO France | Acquirer | Company | A pioneering private equity group based in France, focused on multi-specialist and multi-country investments. |
| Amahorse | Target | Company | An Italian leader in equestrian apparel and accessories, headquartered in San Giustino. |
| Polis SGR | Italian Platform | Company | LBO France's Italian platform responsible for executing the acquisition of Amahorse. |
| Riccardo Volpi | Founder | Person | Co-founder and current leader of Amahorse, reinvested in the company. |
| Simone Volpi | Founder | Person | Co-founder and current leader of Amahorse, reinvested in the company. |
| Arthur Bernardin | Chief Private Equity Officer | Person | Chief Private Equity Officer at Polis SGR, involved in the acquisition. |
| BDO | M&A Advisor | Company | Advised on M&A aspects of the transaction. |