By  on May 16, 2018

MILAN — Private equity Alcedo IV Fund has acquired a 60 percent stake in Italian premium sneaker brand Atlantic Stars. The value of the operation was not disclosed.

The remaining 40 percent will stay in the hands of the brand’s four cofounders Alessandro Squarzi, Cristiano Martelli, Gian Luca Zucchelli and Matteo Zoni, who will keep their roles within the company in the style, manufacturing and distribution areas.

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