HIG Capital has sold Pinalli, an Italian beauty and personal care retailer, to Borletti Group. HIG bought a majority stake in Pinalli in February 2023, investing alongside the Pinalli family and the company’s management team. Under HIG’s ownership, Pinalli grew its store network from 63 to 108 locations and expanded its e-commerce platform. It also rebranded, added more international and digital-native brands, launched its own private-label range and introduced a new store format.
Pinalli is based in Fiorenzuola d’Arda, Piacenza, and generated €197 million of revenue in 2025. More than one million members are signed up to its loyalty program.
Borletti Group was founded by Maurizio Borletti and Paolo De Spirt and has offices in London and Luxembourg. It invests in retail, lifestyle and consumer companies and brands.
Editor’s note: This news brief was produced with the assistance of artificial intelligence.
Source: PE Hub · Summarized by HeadlinesBriefing