M&A Deal Summary

Wise Equity Acquires Fimo Group

On July 8, 2020, private equity firm Wise Equity acquired electrical equipment company Fimo Group from IGI

Acquisition Highlights
  • This is Wise Equity’s 2nd transaction in the Electrical Equipment sector.
  • This is Wise Equity’s 31st transaction in Italy.

M&A Deal Summary
Date 2020-07-08
Target Fimo Group
Sector Electrical Equipment
Buyer(s) Wise Equity
Sellers(s) IGI
Deal Type Secondary Buyout

Target

Fimo Group

Cologno Monzese, Italy
Fimo Group is a manufacturer of cables and components for use in the broadcasting and telecommunications industries. Fimo Group was formed in 1933 and is based in Cologno Monzese, Italy.

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Buyer(S) 1

Buyer

Wise Equity

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 1.3B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Wise SGR is a private equity investment firm that seeks middle-market buyout and growth capital investments primarily in Italy. Wise looks to invest €5 to €25 million in companies valued up to €75 million. Wise is a generlist investor and will consider opportunities in a variety of sectors, however the Firm has a preference for companies operating in capital equipment, manufacturing, and services. Wise SGR was formed in 2000 and is based in Milan.

DEAL STATS #
Overall 32 of 41
Sector (Electrical Equipment) 2 of 2
Type (Secondary Buyout) 4 of 6
Country (Italy) 31 of 39
Year (2020) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-19 Controls

Milan, Italy

Controls S.p.A. is focused on production of testing equipment for the construction industry with more than 4.000 products in three business areas including concrete and cements, asphalt and bituminous mixtures, and soil and rocks. Controls was formed in 1968 and is based in Milan, Italy.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-11 Vittoria

Brembate, Italy

Vittoria is a manufacturer of bicycle tires, both for road and mountain bikes. Iconic brand and with a long history of successes in professional competitions (Tour de France, Giro d'Italia, Olympic games and many other). Vittoria is based in Brembate, Italy.

Buy -

Seller(S) 1

SELLER

IGI

Milan, Italy

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1998
Size Small
Type Sector Agnostic
DESCRIPTION

IGI Sgr is a private equity firm principally focused on buyouts of Italian manufacturing companies. The Firm looks to aquire businesses specializing in B2B services and products, ideally designed or manufactured in Italy, with a particular focus on Industry 4.0 automation or production processes. IGI Sgr was formed in 1998 and is based in Milan.

DEAL STATS #
Overall 5 of 6
Sector (Electrical Equipment) 1 of 1
Type (Secondary Buyout) 3 of 4
Country (Italy) 5 of 6
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-07 Test Industry

Milan, Italy

Test Industry engages in the construction of test desks, both for production and for laboratory, focalized on test and check of fluid and mechanical products or components, through strength tests, internal combustion engine, dimensional, measure and operation’ s tests. Test Industry was founded in 2017 and is based in Milan, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-19 OME Group

Erba, Italy

OME Group is a supplier of bolting & fasteners in the energy, oil & gas, power generation, nuclear, valves, heat exchangers, turbines, pumps, compressors etc. For over 60 years the company’s objective has been continual research and constant development to provide total client satisfaction. OME Group was formed in 1949 and is based in Erba, Italy.

Buy -
Mergr

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