Amahorse secures investment from LBO France
Deal News | Mar 24, 2025 | Finance Community IT - 3 Private Equity
LBO France, a private equity firm, has acquired a majority stake in Amahorse, an Italian company specializing in equestrian equipment and accessories, through its Italian platform, Polis SGR. This marks the eighth investment by LBO France's Small Caps Opportunities II fund, which targets high-growth SMEs in France and Italy. The founders of Amahorse, Riccardo and Simone Volpi, have reinvested in the company and will continue to lead its operations. The acquisition aims to leverage Amahorse's market-leading position and expand its international presence, supported by LBO France's operational expertise. Amahorse, with over 30 years of experience, is recognized for its prestigious brands like Acavallo and has a strong presence in over 60 countries. The company plans to accelerate growth through strategic acquisitions and innovation. The transaction involved several advisors, including Alvarez & Marsal for financial due diligence and BonelliErede for legal due diligence.
Sectors
- Private Equity
- Equestrian Retail
Geography
- Italy – Amahorse is an Italian company headquartered in San Giustino, involved in the equestrian sector.
- France – LBO France, the private equity firm acquiring Amahorse, is based in France.
Industry
- Private Equity – LBO France is a private equity firm making strategic investments in high-growth SMEs.
- Equestrian Retail – Amahorse operates in the equestrian retail sector, designing and distributing horse-riding apparel and accessories.
Financials
- Not disclosed – The financial terms of LBO France's acquisition of Amahorse were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| LBO France | Bidding Company | Company | A private equity firm completing the acquisition of Amahorse. |
| Amahorse | Target Company | Company | An Italian company specializing in equestrian equipment and accessories. |
| Riccardo and Simone Volpi | Founders and Leaders | People | Founders of Amahorse, continuing as leaders in the company. |
| Polis SGR | Investment Platform | Company | The Italian platform of LBO France facilitating the acquisition. |
| Alvarez & Marsal | Financial Due Diligence Advisor | Company | Conducted financial due diligence for the acquisition. |
| OC&C | Commercial Due Diligence Advisor | Company | Conducted commercial due diligence for the acquisition. |
| Maisto e Associati | Tax Due Diligence Advisor | Company | Provided tax due diligence services. |
| BonelliErede | Legal Due Diligence Advisor | Company | Provided legal due diligence services. |
| BDO | M&A Advisor | Company | Acted as M&A advisor for the acquisition. |
| Studio Truppa Medici | Legal Advisor to the Volpi Family | Company | Provided legal advice to the Volpi family. |