Andera Expansion, Andera Partners’ team dedicated to small and mid-cap companies, conclude a deal with the management team headed by Patricia Stranik and Sven Döbert to lead PM Studio’s spin-off from RC Group.
Andera Partners, a leading player in private equity – especially in the small and mid market through its Andera Expansion team – has become a key shareholder in PM Studio, a leading company from the design to the manufacture of promotional gifts and premium secondary packaging for the luxury, beauty (perfumes/cosmetics), fashion, jewelry, and watch industries. Andera Partners completed this transaction alongside Patricia Stranik, President, and Sven Döbert, CEO, along with their management team.
Founded in 2018 following the merger of two French and German companies, respectively led by Patricia Stranik and Sven Döbert, PM Studio has quickly positioned itself as a leader in its sector. With an average annual growth rate exceeding 30%, the company now generates more than €70 million in revenue, supported by more than 80 employees across its offices in Paris, Francfort, Dongguan et Shangaï. PM Studio stands out for its proven expertise in the beauty and luxury sectors, proactively delivering tailored solutions aligned with the DNA of its clients’ brands, thanks to its own team of designers.
As a pioneer in Corporate Social Responsibility (CSR), PM Studio obtained both EcoVadis Platinum and B Corp certifications in 2023, positioning it among the top-performing players in sustainability. The company leverages on proprietary IT tools to ensure full traceability while managing the environmental impact of its products. PM Studio is committed to eco-design and offers its clients innovative and sustainable products that align with today’s environmental standards.
PM Studio’s management anticipates robust growth in the coming years, both organically, through continuous investments in innovation and digital capabilities, and through its targeted external growth strategy. This strategy has already led to two successful acquisitions over the past three years: By No in 2022 and Edition Limitée in 2023. PM Studio is currently exploring additional acquisition opportunities in France, Europe, the United States, and Asia to expand its expertise and geographical reach.
The transaction is completed by a senior financing led by BNP Paribas, which is providing PM Studio with an additional capex line to support this external growth strategy.
Patricia Stranik and Sven Döbert, President and CEO of PM Studio, commented: “We are thrilled to start this new chapter for our company with the support of Andera Partners. We are confident that their pragmatism and expertise will greatly help us in our development, and further accelerate our external and organic growth in France and internationally.”
Léopold Brichard, Partner at Andera Partners, added: “We are delighted to invest in PM Studio, whose differentiated focus on innovation and CSR has propelled it to a leading position in its market in less than ten years. We already had a solid understanding of the underlying sector, supported by sustainable fundamentals, through our investment in Orest. The strength of the Group’s management team and its processes are also strong assets for the success of the buy-and-build strategy we are committed to execute in this highly fragmented market.”