H.I.G. Capital completes the divestment of Italian beauty retailer Pinalli to Borletti Group, marking a significant portfolio exit for the $75 billion alternative investment firm.
The private equity firm is executing a divestment of its subsidiary Pinalli to Borletti Group, representing a standard portfolio exit activity.
The company is the subject of a sale transaction by its parent company H.I.G. Capital to Borletti Group.
The group is acquiring Pinalli from H.I.G. Capital, indicating strategic expansion or investment activity.
Global alternative investment firm H.I.G. Capital has finalized the sale of its portfolio company Pinalli to the Borletti Group. The transaction marks a strategic exit for the private equity firm, which manages $75 billion in capital, as it continues to optimize its European investment holdings.
The Borletti Group is the entity acquiring Pinalli from H.I.G. Capital.
H.I.G. Capital is a global alternative investment firm with approximately $75 billion in capital under management.