PAI Partners, today announces that it has agreed to acquire Scrigno from the fund Clessidra Capital Partners 3

Santarcangelo di Romagna, 2 august 2021 - PAI Partners (“PAI”), a pre-eminent private equity firm, through its fund dedicated to mid-market opportunities, PAI Mid-Market Fund (“PAI MMF”), today announces that it has agreed to acquire Scrigno, a leading opening solutions player, from the fund Clessidra Capital Partners 3, managed by Clessidra Private Equity SGR (“Clessidra”).

PAI Partners (“PAI”), a pre-eminent private equity firm, through its fund dedicated to mid-market opportunities, PAI Mid-Market Fund (“PAI MMF”), today announces that it has agreed to acquire Scrigno, a leading opening solutions player, from the fund Clessidra Capital Partners 3, managed by Clessidra Private Equity SGR (“Clessidra”).

PAI will support Scrigno’s management team in its future growth plans, which include further consolidating the fragmented opening solutions market and diversifying the company’s product offering.

The transaction is the fourth investment announced by PAI MMF, following the acquisitions of Amplitude Surgical, a French leader in the lower limb orthopedic prostheses market, Angulas Aguinaga, the Spanish leader in modern fish and fishbased ready meal solutions, and MyFlower, the leading European flower and gift digital platform operating the Interflora brand in key European markets.