"There are 90 families in my business and I wanted them to know what was happening"
Remo Nardone, Enotria
Sector |
Business Services |
|---|---|
Status |
In Portfolio |
Deal Type |
MBO |
Italian wine seller to the London restaurant trade founded in the 1950s by Remo Nardone.
ISIS invited to broker a Management buy out in 2005 with Nardone retaining 15% equity. With new senior management team in place, Enotria is delivering projected returns.
"Clive (Beharrell - ISIS Operating Partner and incoming CEO of Enotria) is a good man. He is strong and has won the trust of the people at Enotria. I know he will be good for the company. ISIS will be good for the company. It is in good hands."
Remo Nardone, Founder
Timeline
2005 - ISIS acquires Enotria