Stirling Square acquires Italian business

Stirling Square Capital Partners, a pan-European private equity investor, has acquired Italian security and surveillance business Sicurglobal in a secondary buyout deal from BS Private Equity. The value of the deal was undisclosed although it was estimated to weigh in at between €150m to €200m.

Italian private equity firm BS Private Equity backed the management buy-in of Sicurglobal in 2004. It build the company up through acquisition making eight add-ons in total. The exit is thought to have generated a 2.5 times money return for BS Private Equity.