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New Deal


Announced

Fondo Italiano and Eulero Capital to acquire HNH Hospitality from Siparex.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Pending

Domestic

Private

hotel operator

Majority

Italy

Hotels and Motels

Single Bidder

Private Equity

Friendly

Synopsis

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Fondo Italiano, an asset management company, and Eulero Capital, an investment firm, agreed to acquire HNH Hospitality, an independent hotel operator, from Siparex, a private equity investment group. Financial terms were not disclosed. "The investment in HNH Hospitality marks Fondo Italiano's entry into tourism, one of the priority strategic sectors identified in the 2022-2025 Business Plan, in which Italy can potentially express a leadership of sheer excellence. We are proud to partner with an entrepreneur, Luca Boccato, who has been able to take a visionary approach to his business and to progress, together, toward HNH's new growth ambitions," Gianpaolo Di Dio, Fondo Italiano CIO.

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