Boianoflon Acquired by Ur-Invest in Strategic Move
Deal News | Nov 05, 2024 | Legal Community Italy
Ur-Invest, a specialist in organizing club deals for private equity, has completed the acquisition of a 69.8% majority stake in Boianoflon. Boianoflon is a company based in Sacile, Italy, engaged in the prototyping, production, and sale of semi-finished thermoplastic materials. The selling entity, Immobiliare Lombardini, retains a 30.2% minority share and will continue to manage the company. Legal advice for Ur-Invest was provided by Pirola Pennuto Zei & Associati, handling contract negotiations and due diligence, while financial, strategic, and ESG due diligence was conducted by BDO Advisory Services, Gea Consulenti di Direzione, and Tauw Italia, respectively. The transaction was financed by Banco BPM, and the sellers were legally advised by Abi Studio Professionisti Associati.
Sectors
- Private Equity
- Manufacturing
- Legal Services
Geography
- Italy – Both Boianoflon and Ur-Invest are based in Italy, and the transaction takes place within this country.
Industry
- Private Equity – Ur-Invest's involvement in the acquisition highlights its role as a private equity firm organizing club deals.
- Manufacturing – Boianoflon's operations in prototyping, production, and sale of thermoplastic materials classify it within the manufacturing sector.
- Legal Services – The involvement of multiple legal firms for due diligence and contract negotiations places the transaction under the legal services industry.
Financials
- 69.8% – The percentage of Boianoflon's capital acquired by Ur-Invest.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ur-Invest | Bidding Company | Company | A private equity firm specializing in organizing club deals. |
| Boianoflon | Target Company | Company | An Italian company engaged in the prototyping, production, and sale of thermoplastic materials. |
| Immobiliare Lombardini | Selling Company | Company | A holding company of the Lombardini family that sold 69.8% of Boianoflon but retains 30.2% share. |
| Pirola Pennuto Zei & Associati | Legal Advisor | Company | Provided legal services to Ur-Invest for the acquisition. |
| BDO Advisory Services | Financial Due Diligence Advisor | Company | Conducted the financial due diligence for the transaction. |
| Gea Consulenti di Direzione | Strategic Due Diligence Advisor | Company | Handled strategic and business due diligence. |
| Tauw Italia | EHS-ESG Due Diligence Advisor | Company | Responsible for environmental, health, safety, and ESG due diligence. |
| Abi Studio Professionisti Associati | Legal Advisor | Company | Provided legal advice to the sellers (Immobiliare Lombardini). |
| Banco BPM | Financial Institution | Company | Financed the acquisition transaction. |