Qualitas Funds is pleased to announce the successful sale of Tatuus Racing, a company from the portfolio of Qualitas Funds I. The sale was led by one of our managers based in Italy. The transaction resulted in a gross multiple of 3.0x on invested capital and a gross IRR of 19.2% for Qualitas Funds I investors.

Tatuus Group is a global leader in the design, production, and sale of racing cars. Tatuus has become a company able to independently manage all race car’s construction phases, and in the last 15 years it has manufactured over 2,000 racing cars.

During the holding period from 2017, the manager played a pivotal role in facilitating quadrupling the company’s revenue and leading strategic M&A acquisitions to establish the company as comprehensive one-stop-shop.

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