Women’s fashion brand Sessùn acquired by Quadrivio Group

French women's ready-to-wear brand Sessùn has been acquired by Italian investment firm Quadrivio Group. The firm, through its Made in Italy Fund II, purchased around 70% of Sessùn. The brand, known for its bohemian style and affordable luxury positioning, anticipates sales of over $115.7 million by 2024.

Transaction snapshot

• Deal value: N/A

• Deal multiples: N/A

• Deal type: Acquisition of 70% stake

• Investors: Quadrivio Group

Founded in 1996 by designer Emma François-Grasset, Sessùn previously opened its capital in 2017, allowing Experienced Capital Partners (ECP) to acquire a 42.4% stake. With this new deal, ECP has sold its stake to Quadrivio Group, and François-Grasset has also sold part of her shares but retains almost 30% ownership and remains Managing Director and Artistic Director.

Quadrivio Group's CEO, Alessandro Binello, emphasised that this marks the group's first major international investment in the fashion sector. The group plans to expand Sessùn’s international presence, particularly in Europe and the United States, aiming for 130 points of sale globally.

Since 2017, Sessùn has grown from $33.1 million in sales to $115.7 million, with steady annual growth of 20%. Currently, 40% of sales are generated internationally, with Ecommerce accounting for 25% of total sales.

Looking ahead, Sessùn plans to enhance its e-commerce platform, expand its accessories segment, and continue its international growth. The brand also achieved B Corp certification in August 2023 and opened a new flagship store in Paris in September.

Quadrivio Group's Made in Italy Fund II, launched in 2023, also holds stakes in Autry sneakers and Filippo De Laurentiis.