Sale of Fra Diavolo to Alto Partners
![](https://cdn.prod.website-files.com/657cd46cf8ffe974351ea3b5/66578ae7616e65314a3efe2e_FraDiavolo.jpeg)
![](https://cdn.prod.website-files.com/657cd46cf8ffe974351ea3b5/66578b4c87720c7caca8a9ee_Alto%20partners.jpeg)
![Company brand product](https://cdn.prod.website-files.com/657cd46cf8ffe974351ea3b5/66605c7bd5aea5f6a3b77a2d_we-are-header.jpg)
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Sale of Fra Diavolo to Alto Partners
![](https://cdn.prod.website-files.com/657cd46cf8ffe974351ea3b5/66578ae7616e65314a3efe2e_FraDiavolo.jpeg)
![](https://cdn.prod.website-files.com/657cd46cf8ffe974351ea3b5/66578b4c87720c7caca8a9ee_Alto%20partners.jpeg)
![Company brand product](https://cdn.prod.website-files.com/657cd46cf8ffe974351ea3b5/66605c7bd5aea5f6a3b77a2d_we-are-header.jpg)
Transaction
Overview
Spayne Lindsay & Co LLP is delighted to announce that it has advised Mauro D’Errico and Gianluca Lotta, the founders of Fra Diavolo, a fast-growing Italian chain of pizzerias, on its majority sale to Alto Partners, a leading Italian private equity investor
Founded in 2018 by Mauro D'Errico and Gianluca Lotta and based in Turin, Fra Diavolo has grown rapidly, now managing 24 sites, establishing itself as a point reference in Italian full service catering with a focus on pizza, combining Neapolitan style artisanal pizza with a modern twist. Fra Diavolo is planning to continue growing in Italy and abroad, with a first location expected to open in Miami in 2024.