H.I.G. Capital Announces the Sale of Pinalli to Borletti Group
The deal was backed by J. Safra Sarasin and co-investors, and Pinalli’s founding family keeps a minority stake as CEO Raffaele Rossetti stays on.
- Borletti Group has acquired Italian beauty retailer Pinalli, taking full control of the chain for the first time. The transaction marks a shift in ownership from the previous private equity investors and the founding family.
- Founded in 1984 in Fiorenzuola d'Arda, Pinalli generated around 200 million euros in revenue last year with more than 100 stores. Borletti Group, active since 2005, possesses over 20 years of retail investment expertise.
- Pinalli Chief Executive Officer Raffaele Rossetti will lead the next phase, while Maurizio Borletti becomes chairman of the company. The retailer employs more than 800 people and reported 25 million euros in EBITDA for 2025.
- Supported by anchor investor Safra Sarasin, the deal was executed through an investment vehicle led by Borletti Group. Although financial terms were not disclosed, the founding family retains a minority stake in the retailer.
- Marking the group's third operation since late 2024, the retailer joins a portfolio that includes True Religion and Twinset. Borletti said Pinalli has "strong growth capabilities and a clear drive for innovation.
12 Articles
12 Articles
Borletti Group, the independent investment company founded by Maurizio Borletti and Paolo De Spirt, has perfected the acquisition of 100% of Pinalli, the main Italian omnichannel platform of beauty retail. The operation has seen the support of J. (ANSA)
The news arrives officially from Borletti Group, which has announced the acquisition of 100% of Pinalli. The Italian beauty retailer from 200 million euros of revenues in 2025 will pass to the private equity company and private investments based in London. To carry out this operation it was necessary an investment promoted and [...] L'articolo The retailer of beauty Pinalli passes (100%) to Borletti Group comes from Metropolitan Magazine.
The Piacenza beauty chain goes from High Capital to Borletti and De Spirt: 110 points of sale and 200 million revenues in 2025
Coverage Details
Bias Distribution
- 75% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium













