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Investment

Equinox acquires 60% of Italian window component maker Master

Equinox IV has bought a 60% stake in Master, a Conversano-based maker of aluminum window accessories and components, from its founding family.

Equinox, a European private equity platform, announced it has acquired a 60% stake in Gruppo Master through its Equinox IV fund. The Loperfido-Lacatena family, which founded the group, keeps the remaining 40%. The value of the deal was not disclosed.

Master designs, produces and sells accessories and components for aluminum window frames. It was founded in 1986 and is headquartered in Conversano, Puglia. Production is based in Italy, with sales and logistics subsidiaries in Poland, Ivory Coast and the United Arab Emirates.

Equinox said its entry opens a new development phase aimed at strengthening relationships with key customers, increasing investment capacity and accelerating international expansion. The shared plan includes acquisitions of complementary companies, and a Conversano plant expansion is already underway to add capacity and digital technologies. Michele Loperfido, co-founder and CEO of Master, said the deal marks a key step in the company's path.

Deal facts

Target
Master
Business
Italian manufacturer of accessories and components for aluminum window frames
Investor
Equinox IV
Sponsor
Equinox
Deal type
Investment
Headquarters
Conversano, Italy
Status
Completed
Announced
Saturday, November 7, 2026

Sources

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