Buyout firm Ardian has increased its stake in Italian hospital services provider Genesi Uno to 75% through the acquisition of the outstanding 20% stake in Holding di Investimenti in Sanità e Infrastrutture (HISI).
Deal marks the first acquisition for the GP's latest vehicle, Alto Capital IV
Second bolt-on completed by Valco since Argos Soditic became majority shareholder in 2014
Asset management business will look to expand its regional network and make bolt-on acquisitions
Firm plans to expand domestically and internationally, primarily in Asia