Wire

Sign in to baba News

One account across the web, iPhone and Android — your subscription follows it.

or use an email code

Search stories

Type at least two characters. Results come from every newsroom baba reads.

↑↓ to move · ↵ to open · esc to close

Sign in to baba News

Sign in to keep asking. News Plus removes the daily limit.

or use an email code

Full coverage· Economy· Updated

Fortissimo Leads $430 Million Deal to Acquire Inventory Counting Firm Regis

Israeli investment fund Fortissimo Capital is acquiring a controlling 60% stake in inventory counting firm Regis for 400 million euros, alongside partners Migdal and Poalim Equity. The deal includes taking on 200 million euros in debt and acquiring the company from Blackstone.

2 newsrooms · 1 language · since

Sign in to baba News

Sign in to save this article and find it on your phone.

or use an email code

Fortissimo Leads $430 Million Deal to Acquire Inventory Counting Firm Regis
Illustration by baba

What happened

  1. 01Fortissimo Capital is acquiring a controlling stake in inventory counting firm Regis for 400 million euros.
  2. 02The deal involves Fortissimo taking 60% of Regis, with Migdal and Poalim Equity each holding 20%.
  3. 03Regis is being purchased from Blackstone, which has owned the company since 2006.
  4. 04Regis operates in 66 countries and serves around 3,500 clients globally.
  5. 05The transaction includes assuming 200 million euros of debt.
  6. 06Fortissimo and Blackstone recently swapped roles in a prior deal involving software company Priority.

Regis, founded in 1958, operates in 66 countries and serves approximately 3,500 clients globally. This acquisition follows a previous transaction where Blackstone bought a stake in a company from Fortissimo.

Translated and summarized by baba from Ice, the latest report. Read Ice’s original

The coverage

2 newsrooms on this story

Who covered it

  • LeftNone
  • CentreNone
  • RightNone
  • HarediNone
  • ArabNone
  • Other2

How it broke

See which of the 2 newsrooms broke it, and who waited