Marguerite Strengthens Italian Presence with FibreConnect Stake
Deal News | Feb 14, 2025 | Finance Community IT - 3 Private Equity
Marguerite, a pan-European infrastructure fund, is set to invest in FibreConnect, an Italian telecom operator with a B2B focus. This strategic partnership also includes the Infrastrutture per la Crescita-ESG fund managed by Azimut Libera Impresa SGR. Post-investment, Marguerite will hold a 45% stake in FibreConnect, while the remaining 55% will be maintained by the IPC fund. This collaboration aims to significantly enhance FibreConnect's digital infrastructure, expanding its fibre optic network coverage across Italy. The investment is aligned with the EU's digitalization and technological transition goals, facilitating a shift from copper to fibre optic networks and boosting Italian business competitiveness. Marguerite and Azimut's support will help FibreConnect meet rising demands for advanced connectivity solutions, providing ultra-fast broadband services and remote network management. This move marks a crucial step in supporting Italy's digital transformation.
Sectors
- Telecommunications
- Infrastructure Investment
- Private Equity
Geography
- Italy – The primary focus of the investment and expansion is within Italy, particularly the enhancement of digital infrastructure in the country.
- European Union – The investment aligns with EU digitalization and technological transition goals, making the EU a relevant geographical context.
Industry
- Telecommunications – The article is centered around FibreConnect, a telecommunications company, focusing on expanding its fiber optic network in Italy.
- Infrastructure Investment – Marguerite, an infrastructure fund, is investing in expanding digital infrastructure, a strategic move in the infrastructure sector.
- Private Equity – The involvement of Marguerite, a private equity firm, indicates the relevance of this industry in the investment and partnership highlighted.
Financials
- 45% Stake – Marguerite will hold a 45% stake in FibreConnect post-investment.
- 55% Stake – The Infrastrutture per la Crescita-ESG fund will maintain a 55% stake in FibreConnect.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Marguerite | Bidding Company | Private Equity | A pan-European infrastructure fund investing in FibreConnect. |
| FibreConnect | Target Company | Company | An Italian telecom operator focused on B2B digital infrastructure. |
| Infrastrutture per la Crescita-ESG | Selling Company | Investment Fund | A fund managed by Azimut Libera Impresa SGR, partnering in the investment. |
| Azimut Libera Impresa SGR | Fund Manager | Company | Fund manager of Infrastrutture per la Crescita-ESG, engaged in the investment. |
| Michael Dedieu | Managing Partner | Person | Managing Partner at Marguerite, involved in the investment. |
| Andrea Cornetti | CEO RE & Infrastructure | Person | CEO at Azimut Libera Impresa SGR, commenting on the investment. |
| Giovanni Cialdino | CFO & Co-Founder | Person | CFO & Co-Founder of FibreConnect, commenting on the strategic partnership. |