Christian Liaigre Group, the French interior design and architecture studio for luxury private residences, has been sold by Bridgepoint Development Capital (‘BDC’) to Symphony International Holdings Limited (‘Symphony’) for an undisclosed sum.

Originally an investment made by Edmund de Rothschild Capital Partners ('EdRCP') in December 2009, Christian Liaigre was acquired by BDC in 2014. Today, the company has revenues in excess of €50 million, 90% of which are derived outside France, and employs more than 120 people.

Under BDC management the company has sustained strong growth, expanding its international network from nine showrooms in 2009 to 26 across Europe, Asia and the US. It recently established a design studio focussing on interior design for the luxury yacht market.

Symphony is a London-listed, strategic investment company that seeks opportunities in consumer businesses within the healthcare, hospitality and lifestyle sectors (including branded real estate developments), principally in Asia. The opportunity for BDC to sell the business to Symphony came from Chanintr Living Limited ('CLL'), a Symphony portfolio company which is also Christian Liaigre's joint venture partner in Singapore and the exclusive distributer for Liaigre in Thailand. The transaction is expected to complete in June 2016.

Advisers for Bridgepoint Development Capital included: Edmond de Rothschild Corporate Finance & Michel Dyens & Co (corporate finance), Mayer Brown (legal), E&Y (financial), Bain (sector).