Mid Cap Buyout

Through the White Knight funds, LBO France invests as a majority shareholder in French champions with international operations or high potential for international expansion. White Knight concentrates on companies with an enterprise value of between €100 million and €1 billion.

Key figures
  • €2.0 billion of capital under management
  • 30 deals since 1998

Focus: LBO France completes the acquisition of IKKS

 

LBO France has completed the acquisition, from Roger Zannier, of IKKS, one of the leading French ready-to-wear brands with a unique positioning on the premium/affordable luxury segment.

Originally positionned in Kids wear, IKKS has successfully diversified its brand in womenwear and menwear, which represent 2/3 of the total revenues, to become the only premium brand to having a complete offer. The IKKS Group has a portfolio of three complementary brands - IKKS, One Step and I. Code - offering creative and contemporay collections. The group covers all distribution channels including a wide retail network of more than 500 boutiques, primarily located in prime areas in city centers, and 200 department store corners.

Vincent Briançon, Partner at LBO France "The group, which has seen continued growth, has proven the resilience of its business model and the strength of its unique position in the "casual chic" universe. We are convinced by the potentail of the IKKS brand and the quality of its management. We would be delighted to have Roger Zannier present alongside us, as the group could continue to benefit from his remarkable experience and vision."

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