Embattled Dainese S.p.A. announced it had received antitrust approval from the European Commission, and the HPS Investment Partners (“HPS”) and Arcmont Asset Management (“Arcmont”) bail-out can proceed. HPS and Arcmont have closed the transaction to acquire 100% of the shares and voting rights in Dainese through managed investment funds, as previously announced back in October 2025. As part of the transaction, HPS and Arcmont have also provided a combined €30,000,000 in new equity funding to the Dainese Group.
Under the terms of the deal, Dainese’s financial debt has been reduced by €190,000,001.72, resulting in €142,091,558 senior secured floating rate notes due 2030, and its revolving credit facility has been upsized to €45,000,000 provided by Intesa Sanpaolo S.p.A., UniCredit S.p.A. and Bank of America Europe Designated Activity Company. The significant investment from HPS and Arcmont will enable Dainese to further develop its brand portfolio, accelerate technological advancement and reinforce its presence across its key markets.
“With this investment, we are pleased to support CEO Angel Sánchez, the management team and Dainese in further strengthening its market position and advancing innovation across all its business segments,” claim HPS and Arcmont in a joint statement.
Noting this transaction marks the beginning of a new phase in the Dainese Group’s corporate journey firmly focused on expanding its innovation capabilities, growth opportunities and global footprint, Angel Sánchez, CEO of Dainese claims it is time to move forward. “This transaction represents a great milestone for Dainese. HPS and Arcmont are both investors and partners who have chosen to share our vision, passion for innovation and unwavering commitment to safety and quality. Their support will allow us to build on our momentum, explore new pathways and continue developing products that seamlessly integrate technology, protection and design.”
Sánchez adds, “We also wish to thank Carlyle for their partnership in recent years, which helped expand our global presence and enhance our product portfolio. We look ahead with confidence, ready to achieve new milestones. The future is wide open before us, and we are prepared to embrace it at full speed.”
