H.I.G. Capital sells Pinalli to Borletti Group
On October 1, 2026, H.I.G. Capital announced the sale of its stake in Italian beauty and personal care platform Pinalli S.r.l. to private investment group Borletti. Pinalli has grown significantly since its founding in 1984, expanding from 63 stores under H.I.G.'s ownership (since 2023) to a total of 108 locations today. The company also enhanced its e-commerce platform and launched proprietary distributor brands while improving the customer experience through innovative store concepts. H.I.G. expressed confidence in Borletti's ability to support Pinalli’s next phase of growth, citing strong performance under their ownership that exceeded initial business plan targets. Borletti emphasized a commitment to further developing the brand’s digital capabilities and physical retail network.
Topics: acquisition beauty retail italy private equity