TDR Capital Completes Acquisition of Acqua & Sapone

Paul, Weiss advised investment funds managed by leading European private equity firm TDR Capital LLP on the M&A, debt financing, tax structuring and antitrust aspects of their acquisition of Acqua & Sapone from H.I.G. Capital and the founding Barbarossa family. Acqua & Sapone is Italy’s leading non-food discount retail brand selling a wide range of household and cosmetic products. H.I.G. and the founders retained an equity stake in Acqua & Sapone. Financial terms of the deal were not disclosed.

The Paul, Weiss team was led by corporate partners Will Aitken-Davies and Rohan Dey, and included partners Neel Sachdev, Matthew Merkle and Nicolò Ascione; tax partner Timothy Lowe; antitrust partner Annie Herdman and counsel Lauren O’Brien; and intellectual property partner John Patten.