Milan, 25 May 2023 – Clessidra Private Equity – one of the largest Italian private equity firms focused on the upper-mid market – completes the acquisition of Everton, a leading player specialised in teas and infusions, from a group of investors led by Cronos Capital Partners.
The acquisition – which represents the fourth transaction of Clessidra Capital Partners 4 – will support management’s ambitious growth plans building upon Everton’s strong momentum.
Clessidra Private Equity was assisted by EQUITA K Finance as M&A advisor and by EQUITA SIM as debt advisor. In this latter case, EQUITA assisted Clessidra with the structuring of the acquisition financing granted by a pool of banking groups (Banco BPM, BPER Banca Corporate & Investment Banking, Crédit Agricole Italia and Banca Ifis).
With this deal, EQUITA has strengthened its role as the go-to financial advisor in assisting leading financial sponsors with their acquisitions of Italian, corporate excellences.