B4 Investimenti completes the first investment of the B4 H III Fund by acquiring a majority stake in VAY
B4 Investimenti has completed the first investment of the B4 H III Fund – Fondo EuVECA, by acquiring a majority stake in VAY S.R.L., a long-established Italian company, founded in 1936, and one of the leading European converters in the curtains and furnishing fabrics sector.
The transaction, structured as a majority buy-out with a growth capital approach, in partnership with entrepreneur Giovanni Vaj, marks the start of the portfolio build-up of B4’s third fund and confirms the investment strategy focused on supporting solid and distinctive Italian SMEs, expressions of Made in Italy excellence, through active support in the path of managerialisation, organizational evolution, innovation, and international growth.
“We are particularly proud that VAY represents the first investment of our third fund, B4 H III. It is a solid company with a long history of success and innovation, a distinctive culture, and a leadership position. VAY perfectly embodies our investment philosophy: supporting outstanding entrepreneurs and managers in challenging projects of growth and transformative evolution,” highlights Fabrizio Baroni, Founding & Managing Partner of B4 Investimenti.
With almost 90 years of history, VAY has progressively focused on a specific segment of the value chain, evolving its business model from manufacturer to converter, and becoming an international benchmark for creativity, quality of collections, innovation, attention to detail, and service excellence.
A Company looking ahead, ready to take its growth – with B4’s support – to the next level.
The transaction, structured as a majority buy-out with a growth capital approach, in partnership with entrepreneur Giovanni Vaj, marks the start of the portfolio build-up of B4’s third fund and confirms the investment strategy focused on supporting solid and distinctive Italian SMEs, expressions of Made in Italy excellence, through active support in the path of managerialisation, organizational evolution, innovation, and international growth.
“We are particularly proud that VAY represents the first investment of our third fund, B4 H III. It is a solid company with a long history of success and innovation, a distinctive culture, and a leadership position. VAY perfectly embodies our investment philosophy: supporting outstanding entrepreneurs and managers in challenging projects of growth and transformative evolution,” highlights Fabrizio Baroni, Founding & Managing Partner of B4 Investimenti.
With almost 90 years of history, VAY has progressively focused on a specific segment of the value chain, evolving its business model from manufacturer to converter, and becoming an international benchmark for creativity, quality of collections, innovation, attention to detail, and service excellence.
A Company looking ahead, ready to take its growth – with B4’s support – to the next level.