Gruppo Florence

Milan, Italy Founded: 2020 • Age: 6 yrs Acquired By Permira
Provider of supply chain management services
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About Gruppo Florence

Gruppo Florence is a company based in Milan (Italy) founded in 2020 was acquired by Permira in May 2023.. Gruppo Florence has completed 5 acquisitions, including ABC Ricami, Ideal Blue and LORENZA CALZATURIFICIO. Gruppo Florence offers products and services including Manufacturing Services, Academy Programs, and Le Mani della Moda Project. Gruppo Florence operates in a competitive market with competitors including Luxury Living Group, Beste, Beretta Holding, Belotti and Fenice, among others.

  • Headquarter Milan, Italy
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Gruppo Florence S.P.A.
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $229.55 M (USD), Debt – Conventional

    Jul 22, 2022

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    ABC Ricami

    & 4 more

  • Acquired by
    Permira

    & 1 more

    (May 25, 2023)

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Products & Services of Gruppo Florence

Gruppo Florence offers a comprehensive portfolio of products and services, including Manufacturing Services, Academy Programs, and Le Mani della Moda Project. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Offers high-quality luxury fashion manufacturing and innovation

Provides training in Italian craftsmanship and design principles

Visual campaign celebrating Italian fashion heritage and artisans

Funding Insights of Gruppo Florence

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $229.5M
  • First Round

    (22 Jul 2022)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2022 Amount Debt – Conventional - Gruppo Florence Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Gruppo Florence

Gruppo Florence has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Intesa Sanpaolo, Banco BPM and Crédit Agricole. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are managed for growth-oriented companies.
Founded Year Domain Location
Investments are made in technology, consumer, healthcare, and service sectors.
Founded Year Domain Location
Commercial bank
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Gruppo Florence

Gruppo Florence has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include ABC Ricami, Ideal Blue and LORENZA CALZATURIFICIO. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Textile manufacturing services are provided by Ideal Blue.
2020
Manufacturing company specializing in fashion design, production, and show control
2018
Fashion embroidery and design services are provided for the industry.
1997
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Gruppo Florence

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Gruppo Florence Comparisons

Employees
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Competitors of Gruppo Florence

Gruppo Florence operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Luxury Living Group, Beste, Beretta Holding, Belotti and Fenice, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Home furniture is manufactured on a contract basis in Italy.
domain founded_year HQ Location
Cotton and woolen fabrics for garments are contract-manufactured.
domain founded_year HQ Location
Produces firearms, outdoor gear for hunting, sports, defense, and lifestyle markets.
domain founded_year HQ Location
Compact cases are manufactured on a contract basis by Belotti.
domain founded_year HQ Location
Offers chemical solutions for leather refining, footwear, and consumer maintenance products.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Gruppo Florence

When was Gruppo Florence founded?

Gruppo Florence was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is Gruppo Florence located?

Gruppo Florence is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.

Who is the current CEO of Gruppo Florence?

Attila Kiss is the current CEO of Gruppo Florence.

What does Gruppo Florence do?

Gruppo Florence, founded in 2020 in Milan, Italy, focuses on engaging in retail operations, contract manufacturers, dealing with fashion products, and garments. Provider of supply chain management services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Who are the top competitors of Gruppo Florence?

Gruppo Florence's top competitors include Luxury Living Group, Belotti and Maglificio Matisse.

What products or services does Gruppo Florence offer?

Gruppo Florence offers Manufacturing Services, Academy Programs, and Le Mani della Moda Project.

How many acquisitions has Gruppo Florence made?

Gruppo Florence has made 5 acquisitions, including ABC Ricami, Ideal Blue, and LORENZA CALZATURIFICIO.

Who are Gruppo Florence's investors?

Gruppo Florence has 8 investors. Key investors include Intesa Sanpaolo, Banco BPM, Crédit Agricole, UniCredit, and Permira.

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