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Description

Harmont & Blaine is a company specialized in high-quality casual clothing. Founded in the mid-1990s with a predominant focus on men's shirts and trousers, the company now offers a wide range of products for men, women, and children. Harmont & Blaine products are characterized by Mediterranean taste, the use of color, and a strong emphasis on quality and style. Distribution occurs through directly managed stores (approximately 70 in Italy), via the multi-brand channel, and based on distribution agreements mainly abroad. The group employs approximately 500 employees.

Investment thesis

Clessidra Private Equity's objective is to consolidate its competitive positioning while continuing to benefit from the underlying growth trend both in Italy and internationally. Clessidra Private Equity has supported the company through the transition from a family business to a professionally managed company, rationalization of the store network and product portfolio, and expansion efforts abroad.

Company

Harmont & Blaine S.p.A.

Initial participation

40%

Investment status and date

Sold | 10/2014

Data di uscita

07/2022

Sector

Apparel

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