PLATINUM EQUITY TO SELL DE WAVE GROUP FOLLOWING MULTI-YEAR TRANSFORMATION
The sale follows a turnaround that lifted revenue and EBITDA and pushed backlog above €1 billion, Platinum Equity said.
- On Tuesday, investment firm Platinum Equity announced plans to sell De Wave Group, a global marine interiors specialist, to Renaissance Partners.
- Platinum Equity acquired De Wave in October 2019, shortly before the cruise industry faced unprecedented disruption during the pandemic as operators paused sailings and deferred newbuild activity.
- Under Platinum Equity's ownership, De Wave Group doubled revenue and EBITDA, reaching record fiscal 2025 revenue of more than €400 million while growing its backlog to more than €1 billion.
- Group CEO Riccardo Pompili stated, "Platinum Equity was a committed partner throughout an extraordinary period," while Co-President Louis Samson called the investment a key milestone for the firm in Europe.
- Pending customary regulatory approvals, the transaction is expected to close by the end of 2026, reflecting Platinum Equity's continued investment commitment in Italy.
24 Articles
24 Articles
InsideNoVA.com
PLATINUM EQUITY TO SELL DE WAVE GROUP FOLLOWING MULTI-YEAR TRANSFORMATION
Global marine interiors specialist more than doubled revenue and EBITDA during Platinum Equity ownership, and surpassed €1 billion backlog
(Teleborsa) - Renaissance Partners (RP), a private equity company specializing in investments in medium-sized Italian companies, has signed a binding agreement for the acquisition of De Wave Group,...
Platinum Equity Announces Sale of De Wave Group Following Revenue and EBITDA Growth
Investment firm Platinum Equity announced on September 8, 2026, that it intends to sell the De Wave Group, a global specialist in marine interiors. The decision follows a multi-year ownership period during which the company achieved significant financial growth and expanded its project pipeline. Under Platinum Equity’s management, the De Wave Group more than doubled
Coverage Details
Bias Distribution
- 60% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
