MILANO (AIMnews.it) – Equita have announced the sixth investment to the Pibiplast company for the private debt fund. The Equita Private Debt Fund aided L Catterton and Ambienta in the acquisition of Pibiplast, fully subscribing a subordinated bond loan of 10 million euro issued by the investment vehicle and controlled by the same private equity funds. Pibiplast has an annual turnover of around 58 million euros, four production sites and a particularly efficient logistics structure. In the context of the acquisition transaction, Equita also acted as financial advisor to L Catterton and Ambienta. “Pibiplast – commented Paolo Pendenza, manager of the Fund – represents an ideal target for an investment of this type, thanks to its competitive positioning, the growth of the reference markets and the standing of the sponsors. Our intervention confirms the ability of Equita to support private equity funds of primary standing in the context of auctioning and the complementary of private debt with respect to banking channels.”