The private equity investment firm Renaissance Partners (RP) managed by Luxembourg-based Renaissance AIFM Sarl has signed a binding agreement for the acquisition from the American Platinum Equity of De Wave Group, a Genoese company active in the in the interior design for cruise ships and yachts of large size. On the occasion of today's announcement, it is It has been specified that De Wave's managers will reinvest the almost all proceeds from the sale alongside RP.

Founded in 2014 by the combination of three companies specialized and complementary, in 2025 De Wave Group recorded revenues of more than 400 million euros using over 1,400 employees around the world. RP and De Wave have highlighted that the company Genovese benefits from two complementary areas of activity: the New Build one, with an order book of more than two billion of euros without any erasure in history, which guarantees a multi-year visibility on the activity of the next years, and the Refit one, in which the growth and progressive of the installed fleet, together with the renewal of the main operators, fueling a recurring demand and high value while supporting solid profitability.

RP and De Wave have specified that their common goal is accelerate the development of the company with a plan to create value that will focus on further strengthening the global leadership of De Wave, on the expansion of the presence of the group in the cruise ship sector, in the refit of large yachts and adjacent segments, in pursuit of acquisitions strategic strategies, in improving operational excellence and ESG performance and the further development of the Group as a Global one-stop-shop partner for the naval interior industry.

The CEO of De Wave, Riccardo Pompili, underlined that "De Wave undertakes this operation from a position of great strength: in twelve years - he explained - we have built, starting from three distinct realities, the single operator fully integrated for naval interiors, with 1,400 people and the trusted by the main shipyards and cruise operators at the global. In Renaissance Partners we have found a partner who knows our industry and shares our ambition to make De Wave an even stronger global platform. The Our reinvestment reflects our confidence in the Group and our commitment to the path that awaits us".

The closing of the transaction, which is subject to the usual regulatory conditions, is expected in the fourth quarter of this year. In the transaction, Renaissance Partners was assisted by Fineurop Soditic and JP Morgan (financial advisor), Fineurop Soditic (debt advisor), Legance - Avvocati Associati (legal), Bain & Company and Roland Berger (commercial), PwC Italy (accounting, tax and structuring) and EY (ESG and HSE). Financing will be provided by a group of Italian banks and including Intesa Sanpaolo, Banco BPM, UniCredit, Natixis and BPER.