Go to deals
Other Industries

Industrial Stars of Italy SpA has successfully raised US$55 million

Oaklins' team in Italy has successfully completed an IPO of the second Italian SPAC (Special Purpose Acquisition Company), Industrial Stars of Italy SpA (ISI), supported by UBI Bank, Unipol Bank and BankNord as joint global coordinators and book runners. Investors include family businesses, asset management firms, private individuals and entrepreneurs.

ISI is the largest IPO ever made on the Italian AIM of the Milan Stock Exchange, raising US$55 million. The IPO proceeds have been used to support the internationalization plans of an Italian industrial leader with whom ISI has merged. The company selected by ISI is LUVE Group, a US$242 million turnover profitable Italian group with five production plants around the globe.

Oaklins' team in Italy defined the structure of the SPAC, was involved in the placement roadshow and is one of the promoters together with the successful Italian entrepreneur Giovanni Cavallini, former CEO and President of Interpump Group, a listed player active in the pumps and valves industry.

Talk to the deal team

Giuseppe Maria Bernardo Puccio

Principal
Milan, Italy
Oaklins Italy

Related deals

FRP Advisory Group plc has finalized a successful secondary placing
Financial Services

FRP Advisory Group plc has finalized a successful secondary placing

FRP Advisory Group plc has completed a fundraising. The book was oversubscribed and approximately £20.4 million (US$33 million) of shares were sold by certain directors and partners of FRP to new and existing institutional investors at 128 pence per ordinary share.

Learn more
Kees Smit Tuinmeubelen has been acquired by Craft Capital
Private Equity | Consumer & Retail

Kees Smit Tuinmeubelen has been acquired by Craft Capital

Kees Smit Tuinmeubelen, a leading family-owned omnichannel retailer of garden furniture and related accessories, has agreed to sell a majority stake to Craft Capital, a Netherlands-based investment firm. The transaction is still subject to fulfillment of customary closing conditions.

Learn more
Surface Transforms Plc has completed an equity fundraise
Automotive

Surface Transforms Plc has completed an equity fundraise

Surface Transforms Plc has completed a fundraising. The funds will support the company’s working capital needs and expand its manufacturing capacity, further strengthening its position in the market.

Learn more