EmCap buys stake in Moretti

EmCap is thought to have bought a stake of around 40% alongside Italian investment fund GenCap Advisory, with the founding family retaining the 60% balance.

Launched under the stewardship of Jean-Fabrice Copé, a former investment exec at Wendel and KKR, EmCap targets European SMEs with revenues of up to €100m. Belgium, France, Germany, Italy, Spain, Portugal, Netherlands, Switzerland and the UK will be the GP's primary focus.

Based in Paris, the GP seeks co-investors in all markets outside of France in order to leverage local knowledge. EmCap's investment strategy targets the apparel, fashion accessories, watches, jewellery, skincare, cosmetics, homeware and gourmet food sectors.

"Footwear is one of the few segments in the fashion industry where the leaders are companies that didn't exists 20 years ago," says Alexandre Hamaide, managing partner at EmCap. 

Company
Based in Milan, Alberto Moretti is a luxury shoemaker. The company designs and manufactures shoes for men and women, and sells its products online and in-store.

The firm is present in both mature and emerging markets, retailing in stores such as Harrods and Barneys as well as in the shoe district in Dubai and stores in Hong Kong. 

People 
Alexandre Hamaide is a managing partner at EmCap. He worked on the deal alongside colleagues Eric Lesieur, Victor Gavrilov and Jean-Fabrice Copé. Michelangelo Mantero is founder of GenCap Advisory.

Advisers
Equity – King & Wood Mallesons SJ Berwin, Alexandrine Armstrong-Cerfontaine (Legal);  Lorenzo D'ipollito Mendolia, Francesco de Lorenzo (Legal).
Company – Equita SIM, Carlo Volpe (Corporate finance);  Legance Avvocati Associati, Marco Gubitosi, Luigi Gallinoni (Legal).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Southern Europe
• Consumer
• Expansion
• France
• Italy