UNQUOTE

Riverside buys Arena from BSPE in SBO

  • Susannah Birkwood
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Mid-sized investor The Riverside Company has completed its first deal in Italy with a secondary buy-out of water wear brand Arena from BS Private Equity (BSPE).

Investing via its Europe Fund IV, the private equity firm has acquired a 100% stake in the company, which reported revenues of €100m in 2009.

It was attracted to the firm due to its strong brand position, reputation among athletes and water sports fans, successful past performance and promising growth potential.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Susannah Birkwood on +44 20 7004 7524 or susannah.birkwood@incisivemedia.com

 

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