Accord Management has sold Pool Service to BlueGem Capital Partners
Accord Management, an Italian private equity house, has completed the sale of Pool Service S.p.A., the leading Italian professional hair care group and owner of the iconic Medavita brand, to BlueGem Capital Partners, the European mid-market fund focused on consumer brands.
Stefano Banfo, shareholder and CEO at Pool Service, commented, “It is a tremendous opportunity for Pool Service and Medavita to partner with BlueGem, a fund specialized in developing leading consumer brands internationally. This investment launches a new phase of development for our company.”
Lincoln International acted as the exclusive M&A adviser to Accord Management and other shareholders in this transaction, supporting the sellers in all aspects of the deal.
About Pool Service
Headquartered near Milan, Pool Service is a leading developer and manufacturer of premium professional hair care products under both own and third-party brands. The most prominent of the own brands is Medavita, with a history of over 50 years. Pool Service has a proprietary portfolio of over 10,000 formulations, with 700 new products developed in 2018.
About Accord Management
Accord Management is an Italian private equity house founded by Stefano Banfo, Maurizio Spampinato, Gianluca Bolla and Vittorio Riccardi, specialized in private equity investments in small and medium Italian companies with a strong industrial approach.
Based in London, BlueGem is a pan-European, mid-market private equity Fund specialized in consumer brands. Established in 2007, BlueGem has over €550 million of assets under management across two funds.
The Lincoln team was highly professional and a pleasure to work with. Lincoln generated excellent work product and maintained a strong level of pressure throughout the process while successfully managing a complex cross-border transaction.
Meet our Senior Team
View More Transactions in Consumer
Lincoln International represents management in its majority sale of Fish is Life to NTC Wismettac Europe B.V.
UAS Laboratories has entered into an agreement to be acquired by Chr. Hansen Holding A/S
Lincoln advised Gibson Holdings Inc on the intended disposal of its 54.65% shareholding in TSE-listed TEAC Corporation to Global Acoustic Partners through a public tender offer by Global Acoustic Partners
Lincoln International advised Sauer Brands, a portfolio company of Falfurrias Capital Partners, in connection with its acquisition of Chicago Custom Foods