Balibaris: Experienced Capital sells its shares, a French family office joins the capital
"I'm delighted to be starting this new chapter. This partnership is an exceptional opportunity to accelerate our long-term vision based on the founding values built by Balibaris."
The brand, present in the French department store networks Galeries Lafayette and Printemps, claims to have continued its growth since 2023, notably via a 40% increase in digital sales in the last financial year, and states that it has 65 points of sale overall.
The company's stated ambition is to consolidate its digital growth and expand into export markets, where it has four outlets in London and one in Brussels. Headed by Hortense Verspyck for the past two years, who has linked the brand to its original inspiration - classic cinema - the brand aims to attract new European customers. Several organizational elements have also evolved in recent months, with investments in e-commerce services and logistics.
The men's brand was one of the first investments made by the fund founded by former SMCP directors Emmanuel Pradère, Frédéric Biousse and Elie Kouby.
In recent years, Experienced Capital has sold its stakes in several brands, including Jimmy Fairly, Soeur and Sessun. It retains stakes in Le Slip Français and Figaret, in the fashion sector, and in Oh My Cream and L:A Bruket, in the beauty sector. It has also invested in leisure, decoration, and catering.
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