Italian PE firm buys majority share in Cantiere del Pardo

Wise Equity, the management company for the Wisequity V Fund, has acquired 60% of Italy’s Cantiere del Pardo, builder of the Grand Soleil, Pardo Yachts and VanDutch brands. This is the third deal of the Wisequity V Fund, which last year raised €260m in less than two months since its launch.