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New Deal


Announced

Completed

Telemos Capital completed the acquisition of a majority stake in Vittoria.

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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Acquisition

Italy

Tires

automotive components

Friendly

Majority

Cross Border

Private

Private Equity

Single Bidder

Completed

Synopsis

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Telemos Capital, a mid-market European private equity investment firm, completed the acquisition of a majority stake in Vittoria, a manufacturer of performance bicycle tires. Telemos will invest alongside Vittoria’s senior management team and Wise Equity. Financial terms were not disclosed. “In Vittoria we are committed to make the most advanced bicycle tyres on the planet, to deliver the best riding experiences to cyclists of all kinds. The support of Wise Equity has been fantastic over the last years and we are very pleased that Telemos - with all its relevant experience in growing global brands - is now joining us on the ride," Stijn Vriends, Vittoria Chairman & CEO.

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