Star7 Secures Acquisition of CAR and STI Units
Deal News | Mar 14, 2025 | Legal Community Italy
Star7, a company engaged in content and product information sectors and partially listed on Euronext Growth Milan, has successfully acquired branches of Consulting Automotive Aerospace Railway (CAR) and STI, which were under judicial liquidation. Initially, Star7 entered into an agreement to lease these business units, subsequently proposing an irrevocable purchase offer. The managers of the liquidation procedures for CAR and STI organized a competitive sale process, resulting in Star7 winning the bid and signing the final transfer contract, which includes foreign subsidiaries located in Brazil and Serbia. The legal counsel for Star7 was provided by Gianni & Origoni, with a dedicated team for M&A and restructuring, while the liquidations were advised by Dgtb Legal and Weigmann studios.
Sectors
- Consulting
- Legal Services
- Aerospace & Defense
- Automotive
Geography
- Italy – Star7 is based in Italy, the acquisition and legal procedures were conducted there, and the judicial liquidation processes are Italian.
- Brazil – CAR had subsidiaries involved in the transaction, expanding Star7's international presence.
- Serbia – CAR's Serbian subsidiaries were part of the acquisition, important for Star7's global footprint in the industry.
Industry
- Consulting – The article focuses on consulting services in automotive, aerospace, and railway sectors, core areas of the companies involved in the acquisition.
- Legal Services – Legal advisory played a crucial role, with multiple legal firms assisting in the acquisition and the judicial liquidations.
- Aerospace & Defense – CAR is involved in sectors like automotive, aerospace, and railway, indicating a significant focus on these industries.
- Automotive – The acquisition targets companies with a focus on automotive consulting, relevant for Star7's expansion.
Financials
- – No specific financial figures such as purchase price or enterprise value were disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Star7 | Acquirer | Company | A company engaged in the content and product information sector, partially traded on Euronext Growth Milan. |
| Consulting Automotive Aerospace Railway (CAR) | Target company | Company | A consultancy company in automotive, aerospace, and railway sectors, undergoing judicial liquidation. |
| STI | Target company | Company | Under judicial liquidation and part of the acquired entities by Star7. |
| Gianni & Origoni (Gop) | Legal advisor | Company | Provided legal counsel to Star7 in the acquisition process. |
| Dgtb Legal | Legal advisor | Company | Assisted in the judicial liquidation process for STI. |
| Weigmann | Legal advisor | Company | Handled the judicial liquidation for CAR. |
| Fabrizio Torchio | Liquidation manager for STI | Person | In charge of the judicial liquidation process for STI. |
| Alberto Abbate | Liquidation manager for CAR | Person | Managed the judicial liquidation process for CAR. |