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New Deal


Announced

Completed

F2i completed the acquisition of an 80% stake in Geasar from Alisarda.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Airports

Friendly

Acquisition

Private

Single Bidder

Domestic

Italy

airport management services

Private Equity

Majority

Completed

Synopsis

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F2i, an independent infrastructure fund manager, completed the acquisition of an 80% stake in Geasar, an airport management services provider, from Alisarda, an Italian airline. Financial terms were not disclosed. "Geasar's strategy, realized thanks to the constant commitment of a highly motivated, cohesive team with an in-depth knowledge of the sector and that has been able to develop an effective collaboration with the local economic fabric, has been supported from the beginning by a far-sighted private investment, developed within the framework of the ambitious development project of the Costa Smeralda. The solid foundations on which Geasar has constantly grown, deserve to have an equally positive future perspective. Our belief is that a strategic vision shared between airports, the strengthening of the network of national and European relations, as well as the contribution of know-how, are indispensable elements for the future of the Company,” Marco Rigotti, Alisarda Chairman.

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