Ekapartners acted as exclusive financial advisor to Change Capital Partners in the sale of Frette to Raza Heritage Holdings, a consortium of smart yet discrete international strategic and private equity investors.

Founded in 1860, with revenues of €130 million and headquartered in New York (USA) and Milan (Italy), Frette blends contemporary design with Italian craftsmanship to create exquisitely styled, handcrafted linens and textiles that are supplied to the world’s most prestigious hotels, restaurants, private homes, airlines and ocean liners. The Company creates the highest quality bed and bath linen for wealthy clientele from around the world.

Frette operates 32 directly owned Flagship Stores, Concessions and Prestige Outlets on some of the most exclusive shopping boulevards in Paris, Milan, Rome, New York and Beverly Hills and is present in high-end department stores from Los Angeles to London and Istanbul to Hong Kong.