New Deal Advisors supports Clessidra Capital Credit in the acquisition of 100% of ISCOM
Milan, July 02 2024 – New Deal Advisors, an independent firm specializing in advisory services to M&A Transactions, has supported Clessidra Capital Credit SGR S.p.A, as manager of Clessidra Restructuring Fund and Clessidra Restructuring Parallel Fund, who announced the acquisition of 100% of the capital of ISCOM S.p.A.
Since February 2021, Clessidra Capital Credit SGR S.p.A has been ISCOM‘s main creditor, following the purchase of the majority of receivables from the company’s main financing banks. Over the past few years, ISCOM, founded in 1964 and active in the design and construction of metal roofing for large public and private buildings, has initiated and implemented the strategic actions envisaged in the industrial plan, achieving a substantial recovery in turnover and margins together with a reduction in debt. In light of the results achieved by ISCOM, Clessidra defined with the company’s shareholders the spin-off of some non-core activities, the acquisition of 100% of ISCOM and the simultaneous refinancing of the company’s debt. The current management of ISCOM, supported by Clessidra’s investment team, will continue to run the company ensuring continuity to the growth path started.
New Deal Advisors with a team led by Guido Pelissero (partner), supported by Francesco Moro, has provided Financial Due Diligence services to Clessidra Capital Credit SGR S.p.A. Chiaravalli Reali & Associati has provided Tax due diligence services.
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New Deal Advisors is an independent firm specialising in advisory services in M&A. Established in 2012, New Deal Advisors provides support in a broad variety of extraordinary transactions streams including mergers and acquisitions, restructuring, transformation processes, forensic and litigation activities, fairness opinions and valuation services. New Deal Advisors has worked for more than a decade alongside private equity