McDermott Advised Palamon On The Sale Of Its Global Leather Accessories Brand, Il Bisonte, For €100 Million

Overview


International law firm, McDermott Will & Emery advised European growth buyout private equity firm, Palamon Capital Partners on the sale of Il Bisonte to Tokyo Stock exchange-listed fashion distribution specialist, LOOK HOLDINGS INC.

The transaction valued Il Bisonte at an Enterprise Value of €100 million.

Palamon builds diversified portfolios across Financial Services, Business Services, Consumer and Healthcare verticals driven by proprietary investment thematics. Palamon acquired Il Bisonte in the summer of 2015 as part of the Firm’s “Made in Europe” thematic, and invested substantially in professionalising the business and building out the sales and distribution infrastructure.

Il Bisonte was one of few remaining independent luxury Italian brands focused on leather handbags and accessories, with an authentic locally sourced product range and which had proven international appeal.

The McDermott cross border team advised on all aspects of the transaction. The team was led by corporate partner Ettore Scandale and senior associate Calum Thom, and supported by associates Elisa De Carolis and Alberto Passera.

About McDermott


McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. With more than 20 locations on three continents, our team works seamlessly across practices, industries and geographies to deliver highly effective – and often unexpected – solutions that propel success. More than 1,100 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

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