EQUITA assisted Ser.Nav. Group

EQUITA K Finance - Mid-market M&A advisory
Ser.Nav. 1920x1080
Ser.Nav. 1920x1080

Ser.Nav. Group, one of the Italian leaders in the customs operations, was acquired by the Dutch group Customs Support, a Castik Capital portfolio company.

The shareholders of Ser.Nav. have been assisted by the financial advisor Equita K Finance – Italian partner of Clairfield International and part of Equita Group. The law firm Giovannelli e Associati assisted on the legal aspects. The law firm Lupi acted as fiscal advisor to the shareholders.
Customs Support has been assisted by KPMG for the financial and fiscal due diligence. The law firm Pavia e Ansaldo assisted on the legal aspects. The law firm UBFP Tax & Customs performed customs due diligence for Castik Capital. The transaction has been structured by PwC.

“In our ambition to be the leading neutral and dynamic customs broker across Europe, we are very excited about this addition and welcome the Italian team to our Customs Support family. We strongly believe that the expansion to Italy will be mutually beneficial to Ser.Nav.’s and Customs Support’s large customer base. Furthermore, I am honoured that the founders of Ser. Nav., Mr. Biffignandi, Mr. Stanzione, and Mr. Pisano will also join Customs Support adding more than 130 years of combined customs experience.” Frank Weermeijer – CEO Customs Support Group.

The three shareholders, Mr. Biffignandi, Mr. Stanzione and Mr. Pisano, jointly mentioned: “We are excited to become part of Customs Support. Both companies have a shared culture of focusing on seamless, high quality service and providing the best solutions to our clients. There is clearly a great fit for our customers and the people working at Sernav. We strongly believe that Ser.Nav. and its customers will benefit from the European network of Customs Support and combined efforts to advance technological innovation in the customs sector.”

The transaction in a nutshell

2021 06 Tombstone Sernav CustomsSupport

Ser.Nav. and its clients will benefit from the European Customs Support Network and combined efforts to advance technological innovation in the customs sector

Client:
Ser.Nav. Group
Date:
June 2021
Mandate:
Ser.Nav. Group was acquired by the Dutch Customs Support Group, a portfolio company of Castik Capital.
Role:
Financial Advisor
Value:
Undisclosed
Typology:
M&A advisory
Advisor:
EQUITA Mid Cap Advisory

The company

“In our ambition to be the leading neutral and dynamic customs broker across Europe, we are very excited about this addition and welcome the Italian team to our Customs Support family. We strongly believe that the expansion to Italy will be mutually beneficial to Ser.Nav.’s and Customs Support’s large customer base. Furthermore, I am honoured that the founders of Ser. Nav., Mr. Biffignandi, Mr. Stanzione, and Mr. Pisano will also join Customs Support adding more than 130 years of combined customs experience.” Frank Weermeijer – CEO Customs Support Group.

The three shareholders, Mr. Biffignandi, Mr. Stanzione and Mr. Pisano, jointly mentioned: “We are excited to become part of Customs Support. Both companies have a shared culture of focusing on seamless, high quality service and providing the best solutions to our clients. There is clearly a great fit for our customers and the people working at Sernav. We strongly believe that Ser.Nav. and its customers will benefit from the European network of Customs Support and combined efforts to advance technological innovation in the customs sector.”