The private equity company Chequers Capital will be the new financial partner which, starting from the end of November, will be supporting Riri in its ambitious growth project.
A pivotal role will still be played by the Group’s top management, which will keep a substantial part of the shareholding.
Renato Usoni, CEO at Riri, says that heartfelt thanks by the Gruppo Riri go to Gilde Buy Out Partners for the work done between 2014 and today, as well as for the support shown to Riri over the past few years: “We are proud of and thankful for the successful years of partnership with Gilde during which we further enhanced Riri’s positioning as a leading partner for highly demanding clients in the luxury apparel and leather goods industries. During the last years, we further focused on vertical integration and innovation to be the go-to provider also in the future. Under the new ownership with Chequers Capital, we will be able to continue with our defined strategy on our path of growth and success. At the same time, we will benefit from the support of the experienced Chequers Capital team, their resources and network.”