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Primavera Capital Acquisition Corporation to Enter Into Business Combination With Lanvin Group

03.24.22

The Firm is representing Primavera Capital Acquisition Corporation (NYSE: PV) (“PCAC”) in its announced business combination transaction with Lanvin Group, valuing Lanvin Group at a pro forma enterprise value of approximately US$1.5 billion, with a combined pro forma equity value of up to US$1.9 billion.

Lanvin Group is a global luxury fashion group that owns the oldest operating French couture house Lanvin, Italian luxury shoemaker Sergio Rossi, Austrian skinwear specialist Wolford, iconic American womenswear brand St. John Knits, and high-end Italian menswear maker Caruso. Lanvin Group currently operates in more than 80 countries with 1,200 points of sales, 3,600 employees, and more than 300 retail stores.

PCAC is a special purpose acquisition company listed on The New York Stock Exchange and is also an affiliate of Primavera Capital Group, a leading global investment firm with more than US$17 billion of assets under management.

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