EMZ acts as arranger of the mezzanine tranche backing the primary LBO of Cyrillus Vertbaudet Group.
Cyrillus Vertbaudet is the leading French multichannel childrenswear company, posting most of its turnover through home shopping (online and phone orders). Vertbaudet’s offer mostly focuses on kids, whereas Cyrillus’ range also addresses adult clothing. Moreover, Vertbaudet also has promising positions in Germany. The group posted sales of over €350 million in 2012.
Alpha Associés benefited from a previous experience acquired with one of its portfolio company Françoise Saget Linvosges in order to complete the acquisition of CVG from industrial group Kering (formerly PPR).
EMZ arranged and underwrote the mezzanine financing.
