
Permira-backed Arcaplanet buys Fortesan
Arcaplanet, a portfolio company of Permira Fund V, has acquired Mondial Pet Distribution from Edmond de Rotschild Investment Partners (EdRip) and the Pautassi family.
Mondial controls pet retail chain Fortesan. EdRip acquired a minority stake in the franchise in July 2016 through its Winch Capital strategy.
The combined group will operate 280 stores across 15 Italian regions. Fortesan operates a network of 69 stores in addition to its online offering and posted revenues of €50m for 2016, up 19% on 2015.
Arcaplanet posted revenues of €169m for 2016 and employs more than 1,000 people.
Permira acquired Arcaplanet from Motion Equity Partners in April 2016 for an undisclosed sum. Motion reaped a 5x return on the exit after acquiring the company for €45m in 2010.
Since then, it has completed three acquisitions: Zoomarketshop, Country Shop and Fortesan.
Company
Fortesan was founded in 1997 by Vittorio Pautassi. It operates 69 stores selling pet food, accessories and healthcare products. It has its own brand and distributes third-party brands Vividog, Vivicat, Specialistick Natursan, Specialistick Nutraceuticals and Nursan. It is headquartered in Rome.
People
Permira – Fabrizio Carretti (head of Italy).
Arcaplanet – Michele Foppiani (CEO).
Mondial Pet Distribution – Vittorio Pautassi (founder).
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