San Siro is the leading provider of funeral services in Italy and is the reference player in the city of Milan, with a market share in excess of 20%.

Since its inception in 1965, San Siro operates in the premium segment of the funeral service market, differentiating itself with two elegant funeral homes, impeccable quality and a strong brand and heritage.

 

Investment Thesis

  • Our objective is to create the first Italian funeral service group backed by institutional capital, in order to support a process of consolidation in the extremely fragmented Italian market.
  • This development strategy is inspired by several other success stories in other European countries.
  • Being the largest player in the Italian market, San Siro represents the ideal starting point for this sector consolidation process in Italy.
  • San Siro has already performed its first add-on acquisition by acquiring Impresa Generali, one of the leading funeral brands in Milan, and is continuously evaluating other potential add-on targets throughout Northern Italy.

 

Company website

INVESTMENT YEAR
2019
SECTOR
SERVICES
2018 SALES
€17 MILLION
EMPLOYEES
78