Al Dente has completed a secondary LBO alongside LT Capital
December 2021 — Al Dente, the creative, integrated agency and preferred partner of the luxury sector, has completed a secondary LBO alongside LT Capital.
Founded in 2004, and a portfolio company of Turenne Groupe, Al Dente is an international new-generational creative agency that draws on the culture of luxury brands, providing modernity and inspiration to future generations while protecting its DNA. From brand strategy to positioning and branding at large, the company conceptualizes the storytelling and adopts a 360° approach to building business relationships with its clients. Al Dente has solid expertise in executing campaigns on all types of digital and traditional media (visual, movie, web, the buying and publishing of art), as well as a clear understanding of the luxury industry codes and the cultural aura of luxury brands. The agency generates strong organic growth (15% of CAGR 2021–2020), relying on an historic and loyal client base composed of luxury brands, such as Boucheron, Piaget and Puig.
LT Capital is a French private equity firm headquartered in Paris. The firm provides equity capital to fast-growing SMEs and supports entrepreneurs in their growth projects in France and abroad while adopting an environmental, societal and balanced governance approach. With more than 20 years of experience, LT Capital has supported 42 companies across several sectors, with tickets between US$2–13 million. Its entrepreneurial approach to investment is based on a long-term strategic vision, shared with management, and active support.
Turenne Capital is a leading European private equity firm. With more than 20 years of experience, the firm provides long-term equity funding to companies at each stage of their development. Funds managed and advised by Turenne Capital exceed US$1.35 billion.
Our role in the transaction
Oaklins’ team in France supported Al Dente on its secondary LBO to accelerate its growth. The team shortlisted a number of potential acquirors and identified LT Capital as the best investor to support Al Dente’s growth project, while also securing the bank financing for the transaction with a pool led by the group’s historical banks.
Patrizio Miceli
Founder and President, Al Dente
Talk to the deal team
Related deals
Comtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn moreCibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn more