Fondo Italiano d’Investimento SGR announced that, together with the club deal platform The Equity Club, has signed an agreement to acquire 100% of the share capital of Isoclima Group from Stirling Square Capital Partners.
The transaction is being conducted through Fondo Italiano Consolidamento e Crescita II (FICC II), through which are promoted the development of Italian companies of excellence in key Made in Italy sectors, and TEC Glass S.p.A., an independent vehicle set up by the members participating in The Equity Club club deal initiative.
Founded in 1977 in Este, Padua, Isoclima is now a global leader in the supply of transparent glass, polycarbonate and acrylic solutions for critical, technologically advanced and safety applications, targeting various markets and strategic applications with high growth potential. The Group, with a turnover of approximately EUR 150 million and over 1,000 employees, has an international presence with six production plants in Italy, the US and Croatia.
The company is now moving into a new phase, led by CEO Liviana Forza and the management team, with the support of FICC II and TEC Glass. The development targets will be global consolidation, growth in the US and a focus on the aerospace and security sectors.