Industry: Industrials
Deal Type: M&A
Closing Date: 2014

Deal Description:
Wise SGR S.p.A. has acquired the entire share capital of Primat S.r.l.

Based in Olginate (LC), Primat (www.primatspa.it) is a company specialized in the field of surfaces treatment (painting, electroplating and phosphating) of small metal parts (bolts, screws, fasteners, etc.) with almost 40 years of experience and with a turnover above 20 million EUR. Primat is one of the few Italian companies with the necessary competences and equipment to apply zinc lamellar and zinc nickel coating, complying with the strict quality requirements of the automotive sector, which represents the key reference market (90% of total revenues).
Wise SGR (www.wisesgr.it) specializes in the management of Private Equity funds with specific focus on small to medium companies located in Italy

Role of Lyra:
Lyra Partners acted as financial advisor to the Seller.

Tasks of Lyra included:

  • Assistance in the preparation of the company‚Äôs business plan and information memorandum
  • Assistance in the selection and contact of potential investors
  • Assistance in defining the structure and the terms of transaction
  • Assistance in the negotiation of the transaction up to the closing
  • Coordination of due diligence activities