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New Deal


Announced

21 Invest to acquire a stake in Trime from Wise Equity.

Financials

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

Tags

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Domestic

Pending

Electrical Components

Friendly

Acquisition

Private

lighting solutions

Private Equity

Italy

Minority

Single Bidder

Synopsis

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21 Invest, a private equity firm, agreed to acquire a stake in Trime, a firm engaged in the development and production of lighting towers for construction sites, mines and live events, from Wise Equity, a private equity firm. Financial terms were not disclosed. "This deal allows us to plan our long-term growth and support the investments necessary to execute the development project of Trime. In addition, it will enable us to renew and strengthen the group’s organization and production and to reach our goals, including our ESG plan," Paolo Tacconi, Trime CEO.

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