H.I.G. Capital acquires A.L.A. S.p.A.

H.I.G. Capital, a leading global alternative investment firm with $70 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of a majority stake in A.L.A. S.p.A. (ALA), listed on the Italian stock exchange (Ticker: ALA.MI). The founding families will retain a significant minority stake alongside H.I.G.

Headquartered in Naples, Italy, ALA is a leading, global provider of mission-critical logistics and distribution services to major Aerospace & Defense manufacturers. For the past 35 years, the Company has been a 'one-stop shop' for its customers, offering a range of products, services, and high-performance engineering solutions capable of simplifying and optimizing supply chain operations.

Stefano Giambelli, Managing Director of the H.I.G. European Middle Market LBO team, commented: "We have been very impressed by ALA's strong growth trajectory, operational excellence, and strategic positioning within the European Aerospace and Defense supply chain. We are delighted to partner with Fulvio Scannapieco, Vittorio Genna, and the management team, and we are confident in H.I.G.'s experience and global platform to support ALA in its next phase of growth."

Markus Noe-Nordberg, Managing Director and Head of the H.I.G. European Middle Market LBO team, adds: "We are thrilled to welcome ALA to the H.I.G. family and look forward to using our experience and resources to help ALA maximise its potential."

Fulvio Scannapieco and Vittorio Genna, Co-Founders of ALA, added: "We are delighted to welcome H.I.G. as a partner in ALA's continued development. This transaction represents a significant step forward in our long-term growth strategy and a strong endorsement of the Company's achievements to date. Together with H.I.G., we look forward to accelerating ALA's expansion and strengthening its position as a leading, global player in the Aerospace and Defense supply chain."