Announced

Bluegem Capital Partners acquired Medavita.

Synopsis

Bluegem Capital Partners, a European mid-market fund, acquired Pool Service, an Italian professional hair care group and owner of the Medavita brand, from the private equity house Accord Management and the Cattaneo family. Financial terms were not disclosed. “It is a tremendous opportunity for Pool Service and Medavita to partner with Bluegem, a fund specialised in developing leading consumer brands internationally,” says Stefano Banfo, Shareholder and CEO of Pool Service and Medavita. “This investment launches a new phase of development for our company.”

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