Mirabaud buys luxury shoe brand Clergerie – report

The GP invested via its first private equity fund, known as Patrimoine Vivant (living heritage), according to the report. The fund deploys equity tickets of €10-12m, making buyout and growth capital investments in luxury consumer and lifestyle companies based in France, Italy and Switzerland that are roughly 50 or more years old. The vehicle will make 10-12 investments.

Clergerie was founded by Robert Clergerie in 1981. The company is headquartered in Paris and produces shoes at its French site, with an international distribution network and 12 retail stores. It reported revenues of €20m in 2019 and has 180 employees.

Mirabaud had not responded to requests for comments at the time of publication.

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