Houlihan Lokey Advises FAVINI

We are pleased to announce that FAVINI Srl (FAVINI) has raised senior and junior debt facilities in support of the buyout of FAVINI by its management team and funds managed by Fortress Investment Group LLC (Fortress). The transaction closed on December 21, 2018.

FAVINI is an Italy-based global leader in the manufacturing of niche, specialty paper products for the luxury and fashion industries with two production facilities in northern Italy. The company operates through three business segments: (i) Casting Release, engaged in the production of eco-leather products in approximately 500 textures and finishes; (ii) Graphic Specialities, engaged in the production of natural-fibre-based board products (such as packaging) for the luxury and fashion industries; and (iii) Converting Products, engaged in the manufacture of high-quality stationery products. FAVINI was previously controlled by Orlando.

Houlihan Lokey was engaged as exclusive financing advisor by FAVINI in order to structure and execute an MBO financing solution with leading debt providers to achieve a buyout from Orlando's current fund into a new vehicle controlled by management and funds managed by Fortress. 

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