EQUITA advised Star Connect


Star Connect, an Italian leader in the production and distribution of connectivity solutions and passive components for fibre optic networks, has acquired Percon, a historic Spanish company specialising in professional cabling solutions for the Broadcasting and Multimedia sectors.
The Transaction is part of the broader aggregation project that Star Connect, led by Chairman Gianni Spadaro and CEO Marco Viarenghi, is implementing in the fibre optic sector and aims to strengthen the group in the Broadcasting sector. German and Domenec Permanyer, Percon's reference shareholders, will continue to be involved in the management of the company in order to support its ambitious growth plan shared with Star Connect, of which, as part of the Transaction, they acquired a minority stake.
In this transaction Star Connect was advised by the Mid Cap Advisory team of EQUITA, exclusive partner of Clairfield International in Italy, and by Clairfield Spain as financial advisor. Deloitte handled the due diligence and provided legal and tax assistance in the transaction. The Law Firm of Giliberti Triscornia And Associates also assisted Star Connect with regard to the corporate and legal aspects of the reinvestment of Percon shareholders.
Percon and its shareholders were advised by Barcelona-based financial advisor ILV SILVER, which also provided legal and tax advice to Percon's shareholders.