Flextronics Secures Acquisition by Faircap
Deal News | Feb 04, 2025 | Legal Community Italy
German private equity firm Faircap Holding 7 has successfully completed the acquisition of 100% of Flextronics Manufacturing. Flextronics Manufacturing is a manufacturer of electrical and electronic devices for telecommunications. The seller, Flextronics Italy, is a subsidiary of the US-based company Flex, which is headquartered in Singapore and listed on the Nasdaq. Legal counsel for Faircap was provided by the law firm Gianni & Origoni, with their team led by Fabio Ilacqua in New York, and support in antitrust matters from their Brussels office by partner Francesco Maria Salerno.
Sectors
- Private Equity
- Telecommunications Equipment Manufacturing
- Legal Services
Geography
- Germany – Home country of Faircap Holding 7, the private equity firm involved.
- Italy – Location where Flextronics Manufacturing operates and where Flextronics Italy is based.
- United States – Home of Flex, the parent company of Flextronics Italy.
- Singapore – Operational headquarters of Flex, the parent company of Flextronics Italy.
Industry
- Private Equity – This is relevant because Faircap Holding 7, a private equity firm, is central to the acquisition deal.
- Telecommunications Equipment Manufacturing – Flextronics Manufacturing operates in this industry as a producer of electrical and electronic devices for telecommunications.
- Legal Services – Gianni & Origoni provided legal advisory services during the acquisition, hence relevance to this industry.
Financials
- 100% – The percentage stake acquired by Faircap Holding 7 in Flextronics Manufacturing.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Faircap Holding 7 | Buyer | Company | A German private equity firm acquiring Flextronics Manufacturing. |
| Flextronics Manufacturing | Target | Company | A company producing electrical and electronic devices for telecommunications, acquired by Faircap. |
| Flextronics Italy | Seller | Company | An Italian subsidiary of Flex, selling Flextronics Manufacturing. |
| Flex | Parent Company of Seller | Company | An American company headquartered in Singapore; parent company of Flextronics Italy. |
| Gianni & Origoni | Legal Advisor | Company | Law firm providing legal services to Faircap during the acquisition. |
| Fabio Ilacqua | Lead Legal Advisor | Person | Managing partner at Gianni & Origoni, leading the team on this deal. |
| Francesco Maria Salerno | Antitrust Legal Advisor | Person | Partner at Gianni & Origoni, handling antitrust matters for the acquisition. |