Sessùn controlling stake to be acquired by Quadrivio

Private equity firm Quadrivio is to take a controlling stake in French women's fashion house Sessùn, MF Fashion reported, citing Quadrivio head Alessandro Binello. 

The buy will be made via Quadrivio's Made in Italy Fund II, the Italian-language report said. 

The article noted that Quadrivio will take over all of PE firm's Experienced Capital's stake while Sessùn founder Emma Francois-Grasset will continue to hold a minority stake, as well as being CEO and Creative Director. 

The deal will be signed by the end of the week, the article added. 

Sessùn has revenues of EUR 70m and EBITDA of EUR 10m the item noted. 

The report said that Quadrivio is looking to double revenues in a few years.