H.I.G. Europe Middle Market Lbo Fund Ii (Cayman), L.P., a fund managed by H.I.G. Capital, LLC agreed to acquire 2.82% stake in A.L.A. società per azioni (BIT:ALA) from First SICAF for ?9.1 million on July 16, 2025. H.I.G. Capital, LLC will acquire 6.3 million shares at a price of ?35.75 per share.

The transaction is subject to completion of the acquisition of AIP Italia and is envisaged that a mandatory takeover bid will be launched for the purpose of delisting A.L.A.