Axon has announced a 5.02% equity stake in Italy’s Pattern Group, a firm specialising in digital modelling, pattern development, engineering, prototyping and production of high-end items for high-end luxury brands.
This is the fourth investment of the Axon ISETEC V fund, which was launched in 2022 to invest in European alternative markets with a venture capital approach.
Founded in 2000 by Francesco Martorella and Fulvio Botto, Pattern Group has been led by CEO Luca Sburlati, since 2012. The company is a key partner for the most prestigious luxury houses globally with renowned premium brands. Pattern has seen exponential growth, with revenues increasing from less than 4 million EUR in 2008 to nearly 100 million EUR last year.
We are excited to have Pattern Group in our portfolio. Fulvio, Francesco and Luca have led the company to become a leading player in a sector with very high quality and technological requirements. For over a decade, luxury goods have demonstrated sustained growth with low cyclicality, excellent investment returns and significant opportunities for further growth driven by high consolidation of the value chain. The high level of production and technology required by top high luxury brands makes players like Pattern the ideal partner for them. We are delighted to be working alongside Pattern group on the next stage of their growth journey.Juan Jimenez, partner at Axon
Axon is a leading investment and consulting firm focused on identifying and optimising opportunities in technology and innovation for its global clients. With offices in Madrid and Istanbul, investors and clients benefit from our unique combination of deep domain expertise, proprietary modelling capabilities and real-world insights into current market performance and future value. Axon is listed on the Madrid Stock Exchange (BME Growth).
Founded in 2000, Pattern has become a luxury fashion engineering hub with around 600 people and a presence in the main product categories (men’s and women’s fashion, accessories, knitwear, leather goods, etc.) from R&D and engineering through to production. The company has 11 production units across Italy and has excellent opportunities for future organic and inorganic growth. Pattern has been publicly listed on AIM, the Italian Stock Exchange’s program dedicated to small and medium-size companies, since 2019.