Announced

Azimut to acquire the minority stake in Bezos and Moross Families-backed HighPost Capital.

Synopsis

Azimut, one of Europe’s largest independent asset managers, agreed to acquire the minority stake in Bezos and Moross Families-backed HighPost Capital, a consumer-focused middle market private equity firm based in New York. Financial terms were not disclosed. “This investment provides HighPost with working capital and enhances our ability to capture attractive investment opportunities among high-growth, consumer-focused businesses in the middle market globally. We launched HighPost to drive long-term performance in our companies, maximize value through significant operational improvement. Azimut shares our values and patient approach to investing and we look forward to their support,” David Moross and Mark Bezos, HighPost Founders, CEO and General Partner.

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