ALICE PIZZA acquired by QUADRIVIO GROUP / CAPDESIA GROUP

Quadrivio & Pambianco, through its Made in Italy Fund II, and Capdesia Group have acquired 100% of Alice Pizza's share capital from Green Arrow Capital and the founding Giovannini family. This transaction marks the complete exit of Green Arrow Capital, which held its stake through the Idea Taste of Italy fund, as well as the exit of the historical founders who had accompanied the group's development for over three decades. The acquisition enables Alice Pizza to embark on a new chapter of growth, backed by two investors with recognized expertise in consumer goods, branding, and organized restaurant services. The new shareholders aim to accelerate the expansion of Alice Pizza's store network in Italy while significantly strengthening the brand's international presence, particularly in Europe, Asia, and North America. The post-acquisition strategy will focus on pursuing organic network growth, optimizing operations, and increasing brand awareness in international markets. The investors also intend to leverage the highly standardized and scalable nature of the Alice Pizza concept to replicate its Italian success abroad. Additionally, commercial and operational synergies may be explored with La Piadineria, another major player in Italian fast food supported by CVC funds. The financing for the transaction was provided by a banking pool comprising BPER Banca, Banca Ifis, Banca Sella, and UniCredit. This acquisition represents the seventh investment made by Made in Italy Fund II and highlights the growing interest of investors in Italian restaurant brands with strong internationalization potential.