Lodestar Acquires Doit to Expand Microsoft Dynamics CRM Services
Deal News | Nov 26, 2024 | Legal Community Italy
Lodestar, a company controlled by the Bravo Capital Partners II fund, has successfully acquired 100% of Doit through its subsidiary Zerouno Informatica. Doit, located in Fabriano, specializes in Microsoft Dynamics CRM, application development, and cloud solutions. The acquisition was financed by Cassa Centrale Banca, Bcc di Brescia, and Bcc Rivarolo Mantovano. Legal and fiscal aspects from Lodestar's side were managed by BonelliErede, with Deloitte overseeing accounting and ESG matters. The shareholders of Doit were advised by Blf law firm, while accounting was handled by Ghironzi firm.
Sectors
- Technology
- Private Equity
- Professional Services
Geography
- Italy – The transaction involves Italian companies, with Doit being based in Fabriano and the financing provided by Italian banks such as Cassa Centrale Banca, Bcc di Brescia, and Bcc Rivarolo Mantovano.
Industry
- Technology – The acquisition focuses on Doit's expertise in Microsoft Dynamics CRM, application development, and cloud solutions, placing it squarely within the technology industry.
- Private Equity – The acquisition of Doit is driven by Bravo Capital Partners II, a private equity fund, highlighting the role of private equity in financing and facilitating business expansion and acquisition strategies.
- Professional Services – BonelliErede, Blf, and Deloitte, as legal, fiscal, and accounting advisors respectively, represent the professional services sector involved in facilitating the transaction.
Financials
- Not specified – The article does not specify the financial terms or valuation of the deal.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Lodestar | Acquirer | Company | A company controlled by Bravo Capital Partners II responsible for acquiring Doit. |
| Bravo Capital Partners II | Private Equity Firm | Company | The private equity fund controlling Lodestar and backing the acquisition of Doit. |
| Doit | Target | Company | A company specializing in Microsoft Dynamics CRM, application development, and cloud solutions, based in Fabriano. |
| Zerouno Informatica | Subsidiary of Acquirer | Company | The subsidiary of Lodestar through which the acquisition of Doit was executed. |
| Cassa Centrale Banca | Financier | Company | One of the banks financing the acquisition. |
| Bcc di Brescia | Financier | Company | A bank involved in financing the acquisition. |
| Bcc Rivarolo Mantovano | Financier | Company | A bank involved in financing the acquisition. |
| BonelliErede | Legal and Fiscal Advisor for Acquirer | Company | A law firm advising Lodestar on legal and fiscal matters. |
| Deloitte | Accounting and ESG Advisor for Acquirer | Company | An accounting and consulting firm advising Lodestar on accounting and ESG matters. |
| Blf Studio Legale | Legal Advisor for Target | Company | A law firm advising the shareholders of Doit. |
| Ghironzi | Accounting Advisor for Target | Company | A firm handling accounting for the shareholders of Doit. |