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News

PRESS RELEASE: Moreca Atelier Retains SP Advisors as Sole Financial Advisor and Markets Advisor for Future Expansion

August 15, 2016. Kyiv, Ukraine. SP Advisors is pleased to announce an exciting new partnership with Moreca Atelier, the luxury fashion and design icon. SP Advisors has been retained as the company's Sole Financial Advisor. Moreca Atelier is a rapidly growing fashion and design house based in Kyiv, focused on high-end fashion for women and men, as well as crafted leather furniture and its 420 line.

As part of the partnership and role as Moreca Atelier's sole financial advisor, SP Advisors has been engaged to help the client complete a legal and financial restructuring to substantially improve corporate governance standards. In addition, SP Advisors will consult and advise Moreca Atelier in its goal to break into new market segments in the USA, a geography that has shown considerable demand for Moreca's high-end goods. 

"We are very excited to have the chance to work with one of Ukraine's only luxury brands Moreca and we look forward to helping them advance their sales in the US as they push into new segments with their 420 product line," said Nick Piazza, CEO of SP Advisors.

"An exciting time for our company deserves an equally strong financial advisor, and I am pleased to secure the services of SP Advisors for the foreseeable future. In addition to advising us on corporate governance, we are pleased to have the many years of expertise of the SP Advisors team working to help us break into the US, a market that we see as a truly exciting opportunity over the coming years," said Oleg Duma, CEO of Moreca Atelier.

About Moreca Atelier
Established in Ukraine in 2008 by Oleg and Anton Duma, Moreca Atelier is family-run company focused on luxury fashion goods. Based in Kyiv, Moreca Atelier is a global union bringing together creative people of various interests and backgrounds, combining leather craft traditions, watchmaking expertise, aviation, and automobile design into each project. And every project is a collaboration of the best experts from all over the world — from Italy and Switzerland to Hong Kong and the USA.

About SP Advisors
SP Advisors is a full-service investment house focused on advisory, asset management, and merchant banking, operating in Ukraine, Georgia, and Eastern Europe. Established in 2011, we have assembled a veteran management and corporate advisory team with experience in the Eastern European investment space. The SP Advisors team offers a one-stop shop for equity and debt instruments, as well as corporate finance advisory.