Acquired 100% of Business OperationsFood & Beverage
Acquired 100% of Business Operations
Vitale (IMAP Italy) advised Advent International, global private equity firm focused on buyouts of companies in Western and Central Europe, North America, Latin America and Asia, in the acquisition of Irca S.p.A., leading global provider of integrated ingredient solutions for the chocolate, pastry, bakery and Italian gelato market from The Carlyle Group.
Irca S.p.A. is the leading global provider of integrated ingredient solutions for the chocolate, pastry, bakery and Italian gelato market with a turnover of ca. €400m.
Advent International manages more than 86 billion of dollars and has completed more than 380 transactions in 42 countries. Advent International operates from 15 offices in North and Latin America, Europe and Asia and employs over 250 investment professionals.
Vitale acted as financial advisor to Advent International offering support in the structuring of the transaction, in the negotiation phases and in the coordination of due diligence activities.