Miura Private Equity will invest €30 million in Atrezzo, a company that provides mannequins and accessories to fashion brands, as the first investment out of its €100m debut fund.
The investment includes financing from banks Caixa Galicia and Deutsche Bank.
Miura said the investment is the first step in the creation of a European-based visual merchandising group focused on the fashion sector. The visual merchandising sector provides products and services aimed at “optimising the appearance of clothing and accessories in shop windows and interiors”, the firm said in a statement.
Atrezzo, founded in 1991, makes mannequins, busts and exhibitors for clothing and fashion accessories. The company's customers include Zara, Mango, Benetton and Calvin Klein.
Miura closed its debut fund in May on €100 million that will target mid-sized companies in Spain and Portugal. The firm’s investors include Spanish banking group BBVA, Massena Capital Partners, Reig Capital Group, Andosins Capital, Botet Family Office and Stevenson Family Investments.
Miura was founded in 2007 by Luis Segui, former principal at Nazca Private Equity, and Juan Leach, a former executive director at JPMorgan. Miura also includes executives from Mercapital and Goldman Sachs.