HIG Capital completed the acquisition of a 73.8% stake in ALA from AIP Italia for €243m.

HIG Capital, a global private equity firm, completed the acquisition of a 73.8% stake in ALA, a logistics and engineering services provider in the aerospace and defense sectors, from AIP Italia, a holding company owned by Fulvio Scannapieco and Vittorio Genna, for €243m. "We have been very impressed by ALA's strong growth trajectory, operational excellence, and strategic positioning within the European Aerospace and Defense supply chain. We are delighted to partner with Fulvio Scannapieco, Vittorio Genna, and the management team, and we are confident in H.I.G.'s experience and global platform to support ALA in its next phase of growth," Stefano Giambelli, H.I.G. Capital Managing Director.