Add-on·Consumer/Restaurant / Foodservice·June 25, 2026
Quadrivio & Pambianco and Capdesia acquire Alice Pizza
The Rome-founded fast casual pizza chain has 231 sites, including 220 in Italy and 11 across Hong Kong, France, Spain, Malta and the U.S.
Takeaways
- Italy’s Alice Pizza is a fast casual pizza chain.
- Quadrivio & Pambianco and Capdesia is acquiring Italy’s Alice Pizza.
- The target serves fast casual dining across Italy.
BuyerQuadrivio & Pambianco and Capdesia
TargetAlice Pizza
SponsorQuadrivio & Pambianco and Capdesia
TypeAdd-on
GeographyItaly
IndustryConsumer
Sub-sectorRestaurant / Foodservice
Quadrivio & Pambianco’s Lifestyle Fund II and Capdesia acquired Alice Pizza, a Rome-founded fast casual pizza chain with 231 locations.
Alice Pizza operates 220 sites in Italy, mainly in Rome and Milan, and 11 locations across Hong Kong, France, Spain, Malta and the U.S., with a mix of direct-operated and franchised restaurants.
The business generated €115 million in system sales and €12.6 million of EBITDA in 2025.
Green Arrow Capital sold its stake through the iDeA Taste of Italy Fund, and terms were not disclosed.
Daily PE deal brief
Get tomorrow morning's tape in your inbox.
Yesterday's platforms, add-ons, recaps, and exits, cleaned up before the workday starts.