Argos Wityu Strengthens Portfolio with Axitea Acquisition
Deal News | May 19, 2025 | Legal Community Italy
Argos Wityu, a prominent private equity firm, has acquired the entire share capital of Axitea, an Italian company specializing in surveillance and digital security services for corporate clients, from Stirling Square Capital Partners. The transaction involved several legal and financial advisors, with Argos Wityu being represented by Giovannelli e Associati and WST for corporate, contractual, and tax matters. BNP Paribas Asset Management and BNL BNP Paribas facilitated structured unitranche financing and revolving credit arrangements. Stirling Square Capital Partners was assisted by Pavia e Ansaldo for the dismission of Axitea, while Giliberti Triscornia e Associati and Aurs were involved in management reinvestment and incentive structuring. The role of Latham & Watkins as counsel for financing parties, and Banca Finint as the financial agent, underscores the complexity and high value of this acquisition.
Sectors
- Private Equity
- Security and Surveillance
- Legal Services
- Financial Services
Geography
- Italy – Axitea is an Italian company, and the legal and financial advisory services were provided by Italian law firms, underscoring the geographical relevance.
- Europe – The operation involved European entities such as Argos Wityu and BNP Paribas, indicating a broader European context for this investment.
Industry
- Private Equity – Involves firms making investments into private companies or conducting buyouts of public companies. Argos Wityu, as a private equity firm, is central to this acquisition.
- Security and Surveillance – Services and systems that provide security solutions, employing technology to safeguard individuals and assets. Axitea operates within this industry, providing digital and physical security solutions.
- Legal Services – Professional firms involved in advising on legal matters related to corporate transactions. Multiple law firms were involved in advising different aspects of this acquisition.
- Financial Services – Includes investment, lending, and financial advisory services. BNP Paribas and Banca Finint played significant roles in the financial structuring of this transaction.
Financials
- Undisclosed – The financial terms of the acquisition have not been publicly disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Argos Wityu | Acquirer | Company | A European private equity firm that focuses on mid-market acquisitions. |
| Axitea | Target Company | Company | An Italian firm providing surveillance and digital security services. |
| Stirling Square Capital Partners | Seller | Company | A private equity firm that sold Axitea to Argos Wityu. |
| Giovannelli e Associati | Legal Advisor | Company | Provided corporate and contractual legal advice to Argos Wityu. |
| BNP Paribas Asset Management Europe | Financer | Company | Involved in providing structured unitranche financing for the acquisition. |
| BNL BNP Paribas | Financer | Company | Provided revolving credit facilities for the acquisition. |
| Pavia e Ansaldo | Legal Advisor | Company | Advised Stirling Square Capital Partners on the dismission of Axitea. |
| Giliberti Triscornia e Associati | Legal Advisor | Company | Advised Argos Wityu on management reinvestment and structuring of incentive plans. |
| Aurs | Legal Advisor | Company | Assisted the management team of Axitea regarding their investment in the deal. |
| Latham & Watkins | Legal Advisor | Company | Advised BNP Paribas and Banca Finint on financing aspects. |
| Banca Finint | Financial Agent | Company | Provided services as paying agent, issuing agent, noteholders representative, and security agent. |