H.I.G. Capital Acquires Acqua & Sapone Group (Cesar, SDA and VDM)
October 21, 2021
An affiliate of H.I.G. Capital has acquired a controlling stake in Cesar di Barbarossa Enio e F.lli S.r.l., Gruppo SDA S.r.l. Servizi Distribuzione Associati and VDM Vaccaro Distribuzione Merci S.r.l., which operate under the Acqua & Sapone brand. The Barbarossa family is reinvesting as a significant minority shareholder; the combined companies operate over 700 stores in Italy and generated more than €900 million of revenues in 2021. H.I.G. said the investment will support integration of the businesses and accelerate Acqua & Sapone's expansion across Italy.
- Buyers
- H.I.G. Capital (via an affiliate)
- Targets
- Cesar di Barbarossa Enio e F.lli S.r.l., Gruppo SDA S.r.l. Servizi Distribuzione Associati, VDM Vaccaro Distribuzione Merci S.r.l.
- Sellers
- Barbarossa family / Cesar shareholders
- Industry
- Retail
- Location
- Lombardy, Italy
- Transaction Type
- Buyout
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