
Quadrivio backs EPI
Quadrivio Group has acquired a majority stake in EPI, an Italian company specialised in sport merchandising.
The GP has invested in the company via its Industry 4.0 fund, which was launched with a €300m target in January 2018 and held a €100m first close in October 2018. Its final close is expected in the second half of 2021, the GP told Unquote. The fund invests in SMEs with high potential to grow further via digitalisation and automation, and able to generate annual revenues of up to €150m.
This is the third deal made by the vehicle, following the acquisition of restaurants and bars operator Nabucco (F&DE Group), inked in June 2019, and the purchase of rotational moulding business Rototech, bought in July 2019.
Company
Founded in 1996 and based in Milan, EPI distributes merchandising for football and basketball teams and competitions.
The company has partnerships with AC Milan, ACF Fiorentina, AS Roma, Atalanta, FC Inter, Juventus FC, the National Basketball Association and Pallacanestro Olimpia Milano.
EPI sells its products online, and via stores located across Italy. It employs 85 staff and generates annual revenues of around €25m, with a 10% net profit.
People
EPI – Lorenzo Forte (founder).
Quadrivio – Roberto Crapelli (managing partner).
Advisers
Equity – MBA-Stout (corporate finance); PwC (financial due diligence); Studio Russo De Rosa Associati (tax); Giliberti Triscornia e Associati (legal).
Company – T8P Consulting (corporate finance); DLA Paper (legal).
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