EQUITA advised Optoplast


Star Capital S.G.R. S.p.A., through the Star IV Private Equity Fund, has finalised the acquisition of a 70% stake in Optoplast S.p.A., a company focused on the production of connectivity for fibre optic cables for the Telecom & Broadcasting industries. In this transaction, the founding shareholders retained a 30% stake in the company and, some of them, will continue to be involved in the business with the aim of supporting the ambitious growth plan shared with Star Capital.
In this transaction the sellers were assisted by Equita K Finance, partner of Clairfield International and part of Equita Group. Weigmann law firm in Turin assisted the Sellers in the contractual and legal aspects of the deal and the law firm Ginisio & Bauchiero handled the tax aspects.
Star Capital SGR S.p.A. was assisted by Giliberti Triscornia & Associati for the legal aspects of the deal and by Russo De Rosa Associati for the tax aspects. Deloitte handled the financial and market due diligence, Confluence the ESG aspects and ERM the environmental aspects.
The acquisition was financed through a bank loan provided by Illimity Bank S.p.A. and Banca Sella S.p.A.
Marco Gazzaniga, CEO of Star Capital, who conducted the transaction together with Carlo Arteria, commented: ‘Optoplast is a leading company in its niche market and has great potential for growth. Fibre optics is of strategic importance for the modernisation of infrastructures in Italy and abroad, and the technology developed by the company is capable of responding to these needs: by collaborating with the current management, and eventually strengthening it, we truly believe that we can become the reference player in this sector.”
Gianni Spadaro, shareholder and CEO of the Company, said: ‘We are very pleased to have signed this partnership with Star Capital and we warmly welcome this transaction, the aim of which is to make Optoplast a key player in the connectivity sector, in Italy and abroad.”