Istituti di Vigilanza Riuniti d'Italia
Sicuritalia, the first Italian security group, acquired IVRI (which was second in size) by creating a European hub in the private security sector with aggregate revenues of EUR 650m and 15k employees.
IVRI's Equity Value was valued at EUR 85m, to which the buyer added the purchase of credits from Unicredit and Banco BPM to IVRI for approximately EUR 70m (Enterprise Value EUR 155m).
M&A - Mergers & Acquisitions
Team - Marco Di Fazio
Partners - CapitaLink Corporate Finance
Industry - Private Security
Target company - Istituti di Vigilanza Riuniti d'Italia SpA
Target country - Italy
Acquirer company - Sicuritalia SpA
Acquirer country - Italy