Clifford Chance advised its long-standing client Three Hills, an established asset management platform providing bespoke capital solutions in Europe and North America, on their new partnership with leading luxury hospitality amenities supplier and manufacturer, La Bottega S.p.A.

Through this transaction, La Bottega S.p.A. receives c. EUR 115 million of new funding with a combination of preferred capital and equity, marking the seventh investment from Three Hills’ fourth vintage fund.

Three Hills has also brought onboard one of the largest sovereign wealth funds globally, and an existing investor in the Three Hills platform, as a co-investor, adding firepower to execute a very ambitious buy and build strategy in a highly fragmented sector.

The Clifford Chance team was led by Severina Käppeli and supervised by Kristof Meynaerts from the Luxembourg office, both supported by Brecht Smeets and Thibault Vasselier