HIG Capital, a global private equity investment firm with $54 billion of equity capital under management, has acquired a controlling stake in Pinalli, a distribution platform for beauty & personal care products.Â
HIG Capital (HIG), a global private equity investment firm with $54 billion of equity capital under management, has acquired a controlling stake in Pinalli, a distribution platform for beauty & personal care (BPC) products.
Following completion of the transaction, the Pinalli family and current management team will hold a minority interest in the business.
Founded in 1984, Pinalli has recently undertaken an omnichannel growth plan, based on its proprietary e-commerce platform, a renewal of the store format of its points of sale, the launch of targeted social media campaigns and the completion of a significant investment in an important logistics hub. As well as the e-commerce platform Pinalli operates a chain of 63 stores across Italy.
