Aliante Partners, an Italian buyout investor, has completed a preferred equity transaction for the investment vehicle Aliante Equity 3.
Pomona Capital was the sole investor in the transaction that included a liquidity option provided to shareholders in the vehicle and a second preferred equity line for add-on acquisitions in the portfolio companies held by Aliante Equity 3.
Aliante Equity 3 invests in mid-market companies operating in the ‘Made in Italy’ sectors known for their quality and excellence, such as Food & Beverage and Design & Furniture, with a strong focus on buy & build to create value through consolidation in Europe and North America.
Paolo Righetto, Managing Partner at Aliante, says: “We are delighted to partner with Pomona Capital for the next chapter in Aliante Equity 3’s growth to further realise the potential of our companies as they continue on their value creation path and become global leaders. The transaction is a very good outcome for our existing shareholders as it provides them with the option to realise an exit and provides follow on capital for add-on acquisitions to the companies. The vote of confidence from the secondary market re-affirms the potential of our portfolio and the quality of our team.”
