Twinset Acquired by Borletti Group and Quadrivio & Pambianco

Deal News | Jun 19, 2025 | Legal Community Italy

Twinset Acquired by Borletti Group and Quadrivio & Pambianco

Borletti Group and Quadrivio & Pambianco, as the managers of the Lifestyle Fund II, have acquired 100% ownership of Twinset, a well-known Italian women's fashion brand. This acquisition, which features equal partnership between the two investors, is a significant step in their shared growth strategy for the brand. The objective is to strengthen and support Twinset's future development, both domestically and on an international scale. Legal support for the acquisition was provided by Legance - Avvocati Associati and Studio Cerina. In financial and strategic matters, the investors received assistance from Case Cassiopea and Ernst & Young, among others. The acquisition financing involved a consortium of banks, advised by PedersoliGattai and Dentons. For the sellers, Rothschild & Co. and Latham & Watkins managed the financial and legal aspects, respectively. This transaction is notable for the Italian fashion sector and underscores the strategic interest of investors in brands with strong identities and the ability to enhance 'Made in Italy' on the global stage.

Sectors

  • Fashion and Apparel
  • Private Equity
  • Legal Advisory

Geography

  • Italy – The main companies and transaction are based in Italy, emphasizing the Italian fashion sector.
  • International – Twinset aims to expand internationally, and the deal involves multicultural legal and financial advisories.

Industry

  • Fashion and Apparel – The article focuses on the acquisition of Twinset, an Italian fashion brand.
  • Private Equity – Involvement of Borletti Group and Quadrivio & Pambianco as private equity investors.
  • Legal Advisory – Extensive legal support from firms like Legance - Avvocati Associati and Dentons in the transaction.

Financials

  • 100% – The acquisition involved a 100% stake of Twinset.

Participants

NameRoleTypeDescription
TwinsetTarget companyCompanyAn Italian women's fashion brand acquired in the transaction.
Borletti GroupBidding companyCompanyPrivate equity firm involved in acquiring Twinset.
Quadrivio & PambiancoBidding companyCompanyPrivate equity firm involved in acquiring Twinset.
Legance - Avvocati AssociatiLegal advisorCompanyProvided legal support for the acquisition.
Studio CerinaLegal advisorCompanySupported legal aspects of the acquisition.
Case CassiopeaFinancial advisorCompanyAdvised on M&A and debt aspects.
Ernst & YoungFinancial advisorCompanyConducted financial and commercial due diligence.
Rothschild & Co.Financial advisorCompanyProvided M&A and debt advisory for the sellers.
Latham & WatkinsLegal advisorCompanyAdvised on legal aspects of the sale.