Our partnerships

Our role is to participate in strategic decisions, to upholding the leaders and to the help In the structuring and development of their group, at provide our networks of experts and advice, and to assist our participations in the context of extraordinary transactions 
(e.g. external growth, refinancing).

SMCP Group

Investment date:

1/9/2010

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State:

Exited

Strategy:

Florac Mid-Market Europe

Country: United States

France

The SMCP Group is a French “Accessible Luxury” ready-to-wear group that owns the aspirational brands Sandro, Maje and Claudie Pierlot.
In September 2010, as part of the creation of the SMCP group, Florac and L Capital took control of the group alongside the founders and artistic directors of the Sandro and Maje brands and their managers Frédéric Biousse and Elie Kouby, with the objective of supporting the structuring of the group and accelerating the deployment of the network of points of sale in France and Europe and to initiate extra-European development. Florac sold its stake in 2013, as part of the takeover of the group by the investment fund KKR.