Style Capital SGR acquires stake in Essential Parfums

Style Capital SGR, a leading private equity fund specialising in the Lifestyle, Fashion & Luxury sectors, has acquired a stake in Essential Parfums SAS. The closing was completed on 7 July in Paris.

Founded in 2018 by Géraldine Archambault, Essential Parfums is today one of the leading names in international artistic perfumery. The transaction ranks among the most significant recent deals in the luxury sector, a segment in which private capital — private equity funds, family offices and institutional investors — continues to be the primary driver of extraordinary transactions.

Style Capital SGR was assisted by BIP Law & Tax, through its Private Clients & Private Capital practice and international development department, led by equity partner John Shehata. The legal team was led by partner Maurizio Fraschini, head of the French Desk, who handled the entire negotiation process, including the negotiation of the acquisition agreement and the shareholders' agreement with the founding shareholders, with the support of director Ilaria Stassano. Tax matters were handled by partner Andrea Vernier and Giulio Garofalo of the practice led by Paolo Puri.

The founding shareholders were assisted by Paris-based firm Aramis, with partner Dominique Dermerguerian and associate Clémence Lecocq.