EQUITA assisted IGI Private Equity

K Finance - Mid-market M&A advisory
FIMO
IGI Private Equity

IGI Private Equity and the management have sold 100% of Fimo Group, the European leader in components and systems applied in telecommunications infrastructure, to Wise Equity, a PE fund that has been investing in Italian SMEs since 2000.

Fimo Group continues its growth path (+70% turnover and +57% EBITDA since the acquisition by IGI in 2015) supported by a new financial partner that, together with the current management, will develop the markets where the presence is still limited (USA) and to invest in complementary products.

IGI was assisted by the financial advisor K Finance, the Italian partner of Clairfield International, by Nctm Studio Legale for the legal agreements, by Di Tanno Associati for the vendor due diligence and the fiscal aspects, and by KPMG for the financial vendor due diligence.

Wise Equity was assisted by Fineurop Soditic, buy-side advisor for M&A and debt structuring, by the law firm Simmons & Simmons, by Deloitte for accounting and tax due diligence and by Spada Partners for structuring the deal.

The transaction in a nutshell

2020 07 Tombstone IGI Fimo Wise

Fimo Group, supported by a new financial partner, will develop the markets where the presence is still limited

Client:
IGI Private Equity
Date:
July 2020
Mandate:
IGI Private Equity sold 100% of Fimo Group to Wise Equity
Role:
Financial Advisor
Value:
Undisclosed
Typology:
M&A advisory
Advisor:
EQUITA Mid Cap Advisory

The company

Fimo Group is the European leader in components and systems applied in telecommunications infrastructure. 

Wise Equity is a PE fund that has been investing in Italian SMEs since 2000.