The firm’s £15m Investment is made via a preferred equity instrument, which will enable the management, who currently own 50 per cent, to buy out the remaining shareholders.
Three Hills’ investment will support the company with the planned opening of additional showrooms, form strategic partnerships, pursue strategic acquisitions and open New York office.
Founded in 2008, the company currently represents over 50 brands globally, with three permanent showrooms across London, Paris and Milan.
The sales platform for both established and emerging brands in the fashion industry, has an EBITDA in excess of £3m in 2015.
Three Hills founder and managing partner Mauro Moretti said, “We are excited to back Tomorrow’s management team in the next phase of growth of their business.
“We believe the company has been able to gain a unique competitive positioning in the fashion industry thanks to its ability to source successful brands, its geographical footprint and the innovative way it covers the full value chain.”
Back in August, Three Hill invested €35m in Building Energy Group, a global energy producer focused on renewable energy sources and based in Milan.
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