BLF Studio Legale, in the person of the partner Andrea Iovino, assisted MPS Capital Service in the banking and financing transactions related to the acquisition of 100% of the share capital of Kickoff, a company heading the group producing and marketing beachwear products under the brand “Sundek”, by Mo.Da Gioielli, a holding company operating in the fashion sector, by means of the Dgpa Capital private equity fund.
Sundek was set up in California in the 1960s, becoming very soon an iconic and central brand in the world surf culture. Today Sundek is a leader in the Mediterranean beachwear market. Over the years, the group has developed a retail network of 35 mono-brand stores as well as a distribution in about 1,500 multi-brand stores worldwide.
During this operation BLF handled the negotiations, the drafting of the financing contract and the collaterals.