FOREL, led by Marco Bizzarri (former CEO of Gucci) and Mario Gardini as advisory company to FARO Alternative Investments, entered into an agreement on behalf of the Faro AI fund to acquire a majority stake in Visionnaire (IPE Srl).
Under the family leadership of Co-Founders Leopoldo Cavalli and Eleonore Cavalli, who serve as CEO and Creative Director respectively, Visionnaire is an interior design brand operating in the luxury market. The company actively promotes positive social and environmental impact, and has earned in 2021 the status of Benefit Corporation.
With operations in more than 55 countries, Visionnaire has showrooms in Milan, London, Dubai, Hong Kong, Miami, and Los Angeles, 25 monobrand stores, selected specialty stores, and partnerships with 150 elite architects and interior designers around the world.
The investment and FOREL’s active management will provide Visionnaire with resources to accelerate its international trajectory, working in close partnership with the founding family to fuel the company’s next phase of growth through network expansion in key global cities, project development of branded residences, and through the enhancement of its brand and client engagement strategies.
“I am proud to announce that with this exciting new partnership, Visionnaire remains an ‘Italian’ company, joining FOREL and its leader Marco Bizzarri, who has a unique track record and experience in the luxury sector,” said Leopoldo Cavalli. “This year Visionnaire celebrates its 20th anniversary, marked by a special collection called Nomad that will be unveiled at Salone del Mobile Milano 2024. This is the perfect moment to grow and propel Visionnaire to the pinnacle of the world’s most important luxury brands.”
“We are thrilled to partner with Visionnaire and the founding family to unlock new opportunities for growth,” said Bizzarri. “Visionnaire’s commitment to innovation and design excellence aligns perfectly with our investment philosophy, and we are confident in the company’s potential to redefine luxury living in the years to come.”
