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New Deal


Announced

Completed

H.I.G. Capital completed the acquisition of a majority stake in Berardi Bullonerie.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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logistics services

Majority

industrial distribution

Friendly

Single Bidder

Acquisition

Italy

Completed

Third Party Logistics (3PL)

Private Equity

Private

Cross Border

Synopsis

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H.I.G. Capital, a private equity and alternative assets investment firm, completed the acquisition of a majority stake in Berardi Bullonerie, a firm engaged int the wholesale distribution of fasteners and general hardware. Financial terms were not disclosed. "The entry of an international alternative investment fund such as H.I.G. in Berardi represents a recognition of the work carried out over the years and of the great growth potential of our Company, which has a leading position in the sector and a growing share of high value-added services. With the support of H.I.G., Berardi will be able to develop faster, thanks to a combination of organic growth and targeted acquisitions," Giovanni Berardi, Berardi CEO and Current Shareholder.

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