Lynx secures majority ownership by Moretti brothers after FSI share buyout
Deal News | Mar 24, 2025 | Finance Community IT - 3 Private Equity
In a recent strategic move, the Moretti brothers, Matteo and Federico, have successfully reacquired the shares of the tech company Lynx from FSI, increasing their ownership to 95%. This acquisition was enabled by a long-term strategic investment from Carlyle's Global Credit platform, which now holds a 5% stake in Lynx. The firm has seen substantial growth, having tripled its revenue over the past three years through strategic acquisitions. With the support of FSI and Carlyle, Lynx aims to strengthen its position in the digital services market, leveraging its presence in Italy, Spain, and LATAM. The company's board now includes Nicola Falcinelli from Carlyle and Angelo Rosiello from Oliver Wyman, with plans for continued growth through both organic development and further acquisitions.
Sectors
- Digital Services
- Private Equity
Geography
- Italy – Lynx is an Italian company, and the Moretti brothers are based in Italy where the company was founded and operates primarily.
- Europe – The deal involves European entities such as Carlyle's Private Credit division which has European operations, and advisors like DLA Piper with a presence in Europe.
Industry
- Digital Services – Lynx specializes in providing digital solutions, focusing on innovation for digital transformation across various sectors such as utilities, banks, insurance, and public administration.
- Private Equity – The transaction involves private equity firms FSI and Carlyle, with FSI selling its stake to the Moretti brothers and Carlyle making a strategic investment in Lynx.
Financials
- 95% – Ownership percentage of Lynx now held by the Moretti brothers.
- 5% – Ownership percentage of Lynx acquired by Carlyle.
- 130 million euros – Annual revenue of Lynx.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Lynx | Target Company | Company | A tech company specializing in digital solutions, founded by the Moretti brothers. |
| FSI | Selling Company | Company | A private equity firm that sold its shares in Lynx to the Moretti brothers. |
| Carlyle | Investor | Company | Global investment firm that made a strategic investment in Lynx, acquiring a 5% stake. |
| IMI (Gruppo Intesa Sanpaolo) | Debt Advisor | Company | Provided debt advisory services for the Moretti brothers' acquisition of Lynx shares. |
| Livingstone Partners | Financial Advisor | Company | Financial advisor for the Moretti brothers during their acquisition of Lynx shares. |
| DLA Piper | Legal Advisor | Company | Provided legal advisory services for the acquisition transaction. |
| Mediolanum Investment Banking | Financial Advisor | Company | Acted as financial advisor for FSI in the transaction. |
| Matteo Moretti | CEO | Person | CEO of Lynx and one of the Moretti brothers who now controls 95% of Lynx. |
| Federico Moretti | General Director | Person | General Director of Lynx and one of the Moretti brothers with a 95% stake in Lynx. |
| Nicola Falcinelli | Deputy Head of Private Credit | Person | Deputy Head of Private Credit at Carlyle, now on the board of Lynx. |
| Angelo Rosiello | Board Member | Person | Partner at Oliver Wyman expert in digital strategy, also a new board member at Lynx. |