EQUITA assisted Amilon

K Finance - Mid-market M&A advisory
Amilon 1920x1080
Amilon 1920x1080

Zucchetti Group has acquired a controlling stake (51%) in Amilon, a leading company in Italy and Europe in supporting companies with the definition of branded currency strategies, the so-called “branded coins”, issued by retail companies in the form of gift cards, loyalty points and coupons. The founding partners have maintained a 49% stake and will continue to manage the company by implementing new businesses and developing the foreign market.

Amilon’s shareholders were assisted by K Finance (Clairfield Italy) as financial advisor and Gianni Origoni Grippo Cappelli & Partners, who followed the legal aspects. Zucchetti was assisted by Pirola Pennuto Zei & Associati for the due diligence.

The transaction in a nutshell

2019 12 Tombstone Amilon Zucchetti

The founding partners have maintained a 49% stake and will continue to manage the company by implementing new businesses and developing the foreign market.

Client:
Amilon
Date:
December 2019
Mandate:
The Zucchetti Group acquired a controlling interest in Amilon
Role:
Financial Advisor
Value:
Undisclosed
Typology:
M&A advisory
Advisor:
EQUITA Mid Cap Advisory

The company

Amilon was founded in 2007 introducing digital gift cards as a prize in different areas of application: mainly incentive programs, loyalty catalogs, competitions and corporate welfare. Amilon has grown in recent years with an annual growth rate of over 100%, is active in over 20 countries and expects to close 2019 with a turnover of about 150 million Euro.

Founded more than 40 years ago, Zucchetti is the largest Italian software house, leader in the supply of software, hardware and services, with a complete offer for companies, professionals and Public Administration. The Group, now managed by the second generation of the Zucchetti family, has grown over the years with numerous acquisitions, more than 25 in 2019, and, with this operation, should exceed 800 million Euro in turnover in 2019.