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12/2025

ESCA acquired by EUROPE CAPITAL PARTNERS

ITALY Food Processing / Food Products REV €25–50M

Context

Europe Capital Partners VII has acquired a majority stake in ESCA S.r.l. from the founding shareholders. The brothers Giuseppe and Patrizio Patrizi have reinvested to retain a minority stake and will continue in their operational roles (Plant Director and Commercial Director, respectively). The acquisition was financed by a pool of banks led by BCC Banca Iccrea and a private debt tranche provided by Tenax Capital.

ESCA, which reported an EBITDA margin of [members only] in 2024, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the AgriFood sector (11.0x).

-> Deep-dive in AgriFood market trends

Target

Founded and operated by the Patrizi family, ESCA is a leading Italian producer of frozen ready-made sauces ("condimenti pronti"), primarily seafood-based (clams, mussels, seafood mix). The company distributes its products through large-scale retail channels (GDO) under its own brand and private labels. It is highly profitable and cash-rich.

Ent. Value

€25–50M

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
€25–50M
€5–25M
[members only]
2023
€25–50M
€5–25M
[members only]

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REFERENCES

Revenue range: €25–50M

EBITDA range: €5–25M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ESCA by EUROPE CAPITAL PARTNERS are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: europe capital partners