H.I.G. Capital Acquires Acqua & Sapone
10.28.21
This is only gets display when printing
Simpson Thacher is representing H.I.G. Capital, LLC (“H.I.G.”) in connection with the financing related to its acquisitions of Cesar di Barbarossa Enio e F.lli S.r.l. (“Cesar”), Gruppo SDA S.r.l. Servizi Distribuzione Associati (“SDA”) and VDM (“VDM”) (together, the “Companies”), which operate under the Acqua & Sapone brand. H.I.G. has acquired a controlling stake in the business, with the Barbarossa family reinvesting in a significant minority position. Terms of the transaction were not disclosed.
Acqua & Sapone is Italy’s leading non-food discount retailer, selling a wide range of household and personal care products at value prices through a network of more than 700 retail locations.
H.I.G. is a leading global alternative assets investment firm with more than $45 billion of equity capital under management.
The Simpson Thacher team includes Shahpur Kabraji, Andrew Bechtel, Kristin Hoo and Ashley Bannister (Banking and Credit); and Deborah Harris (Corporate).