Hortigil Hortifruti S.A.
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Hortigil Hortifruti S.A. - overview
Established
1989
Location
Vitoria, BR, Brazil
Primary Industry
Retail
About
Based in Brazil, founded in 1989 by Gilberto Lopes and Tadeu Fachetti and led by CEO Thiago Picolo, Hortigil Hortifruti S. A. is a fresh food retail store operator with 73 stores. In 2016, Partners Group acquired a 40% minority stake in Hortifruti from BR Investimentos.
Then in 2018, Partners Group acquired the remaining 60% majority stake. As part of the transaction, Gonzalo Fernandez-Castro, Managing Director and Head of Latin American Private Equity at Partners Group, joined the board of Hortifruti. In 2021, Americanas SA agreed to fully acquire Hortigil Hortifruti S. A.
from Partners Group.
Primary Industry
Retail
Sub Industries
Health Foods & Nutritional Supplements, Supermarkets & Grocery Stores
Website
www.hortifruti.com.br
Company Stage
Acquired
Total Amount Raised
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Hortigil Hortifruti S.A. - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 782,446,000 | 922,426,000 | 1,097,190,000 | - | - | - |
| % Revenue Growth (YoY) | - | 17.9% | 18.9% | - | - | - |
| EBITDA (USD) | 31,857,000 | 65,153,000 | 78,629,000 | - | - | - |
| Operating Income (USD) | 31,857,000 | 46,229,000 | 45,558,000 | - | - | - |
| Operating Margin | 4.1% | 5.0% | 4.2% | - | - | - |
| % EBITDA Margin | 4.1% | 7.1% | 7.2% | - | - | - |
| NET Income (USD) | 19,761,000 | 25,442,000 | 20,792,000 | - | - | - |
| % Net Margin | 2.5% | 2.8% | 1.9% | - | - | - |
Hortigil Hortifruti S.A. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Hortigil Hortifruti S.A. | - | ||||||||
| Buyout | Completed | Hortigil Hortifruti S.A. | - | ||||||||
| Secondary Buyout | Completed | Hortigil Hortifruti S.A. | - | ||||||||
| Add-on | Completed | Grupo Natural da Terra | - | ||||||||
| Buyout | Completed | Hortigil Hortifruti S.A. | - |
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Hortigil Hortifruti S.A. - employee data
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