Flos B&B Italia Group
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Flos B&B Italia Group - overview
Established
2018
Location
Milan, -, Italy
Primary Industry
Consumer Products
About
Design Holding S. p. A. , headquartered in Milan, Italy, operates in the luxury design market, focusing on high-end furniture and lighting solutions that blend innovation with craftsmanship.
Founded in 2018, Design Holding S. p. A. specializes in premium design products, stemming from the collaboration of founders Joan Stewart, Misbah Mahrous, Moe Ezz, Nooh Al-Nooh, Vlad Tarcan, and CEO Andriy Sheremeta.
The company has completed 2 deals since its inception, with offices in Milan, Italy, and has undergone strategic pivots to align its offerings in the global luxury market. Design Holding S. p. A.
is recognized for its curated portfolio of iconic brands, including B&B Italia and Flos, providing a diverse range of products such as designer furniture and lighting fixtures. Their offerings are tailored for both residential and commercial spaces, aimed at discerning clients seeking functional and aesthetically pleasing designs. The company maintains a strong presence in Europe, North America, and Asia, utilizing direct sales and partnerships with retailers and design showrooms to reach customers. In 2023, Design Holding S.
p. A. reported a revenue of USD 13. 73 mn with an EBITDA of USD -1.
73 mn. The company's revenue streams include direct-to-consumer sales, business-to-business transactions, and bespoke orders, reflecting the premium positioning of its flagship brands in the luxury market. Design Holding S. p.
A. plans to introduce new product lines and enhance its market presence by expanding into targeted regions in Europe and North America by 2024. The recent funding from Investindustrial, which partially exited its stake, will support these initiatives, facilitating the launch of upcoming collections and bolstering the company's global marketing efforts.
Current Investors
DVR&C Private Equity
Primary Industry
Consumer Products
Sub Industries
Furniture
Website
www.designholding.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Flos B&B Italia Group - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 4,046,932 | 4,077,774 | 10,066,613 | - | - | - |
| % Revenue Growth (YoY) | - | - | 0.8% | 146.9% | - | - | - |
| EBITDA (USD) | (445,466) | (2,123,474) | (1,161,567) | (987,305) | - | - | - |
| Operating Income (USD) | (452,726) | (2,140,798) | (1,225,870) | (1,101,899) | - | - | - |
| Operating Margin | - | (52.9%) | (30.1%) | (10.9%) | - | - | - |
| % EBITDA Margin | - | (52.5%) | (28.5%) | (9.8%) | - | - | - |
| NET Income (USD) | (452,715) | (2,238,834) | (1,337,224) | (944,280) | - | - | - |
| % Net Margin | - | (55.3%) | (32.8%) | (9.4%) | - | - | - |
Flos B&B Italia Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | MENU A/S | - | ||||||||
| Add-on | Completed | Fendi S.r.l. | - | ||||||||
| Add-on, Trade Sale | Completed | YDesign Group, LLC | - | ||||||||
| Buyout | Completed | Flos B&B Italia Group | - | ||||||||
| Merger | Completed | B&B Italia S.p.A., Flos S.p.A., Louis Poulsen A/S | - |
Displaying 1 - 5 of 7
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.