Dexelance has acquired a 65% stake in Mohd, a leading Italian high-end furniture e-commerce and retail business, from Made in Italy Fund and the Mollura family. The Mollura family will reinvest in the business and retain a significant minority stake.

The transaction marks the second exit for Made in Italy Fund, the private equity vehicle managed by Quadrivio Group and Pambianco. It follows the 2024 divestment of premium sneaker brand Autry, with the combined exits delivering more than three times the fund’s invested capital.

Quadrivio acquired a majority stake in Mohd in 2019. Over the last five years, the firm supported the company’s digital expansion, internationalisation, and investment in logistics infrastructure. Revenue rose from €28m to approximately €70m in 2024, with EBITDA reaching €7m.

“MOHD represented a key acquisition for our fund,” said Walter Ricciotti, CEO of Quadrivio Group. “Its strong commitment to internationalisation and multi-channel business model have allowed us to accelerate its growth and create value, as confirmed by the results achieved in recent years.”

Founded in the 1960s in Messina, Mohd has grown from a single store to a global design brand. The company now operates six showrooms across Italy and one of the most visited online platforms in the high-end design sector, offering over 700 brands and serving clients in more than 100 countries.

Gianluca Mollura, CEO of Mohd, added: “The experience with Quadrivio was important, very formative, which allowed our company to grow further and be ready for new challenges and opportunities like the one that is about to begin.”

Dexelance, which is listed on the Italian Stock Exchange and active in the design, lighting, and furniture sectors, will support Mohd in its next growth phase.

If you think we missed any important news, please do not hesitate to contact us at news@pe-insights.com.

Can`t stop reading? Read more.