Announced

Completed

Sienna completed the acquisition of a majority stake in Prima.

Synopsis

Sienna, a private equity company, completed the acquisition of a majority stake in Prima, an Italian apparel manufacturing company. Financial terms were not disclosed. "Ateliers Veneti marks the first deal in Italy for SPE and perfectly represents the type of transaction we aim to pursue. This is a primary and proprietary deal in partnership with outstanding entrepreneurs, with a clear focus on an industrial project and long-term value creation. It reflects our commitment to fostering partnerships that drive growth and innovation in sectors where Italy excels globally," Alessandro Fogo, Sienna Private Equity Partner and Head of Italy.

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