(Finance) – First Capitala financial holding company specialized in Private Investments in Public Equity and Private Equity investments listed on Euronext Growth Milan, has completed the acquisitionby Invest Italy SIM, dated 100% of Value Track’s operating arman independent boutique with a focus on SMEs that provides advisory services in the fields of corporate finance, capital markets, equity and debt research, to support extraordinary finance operations.
The operation allows Invest Italy SIM to expand its operations and thus accelerate the achievement of the objective of becoming a point of reference for Italian SMEs, in terms of share placements, management of relationships with investors and the post-listing market.
Invest Italy SIM was renamed Value Track SIM to enhance the brand, the excellent reputation and the consolidated relationships with important domestic and international counterparts built over the years by Value Track.
First Capital continues to hold the majority of SIM (57.5% of the capital); the managers Marco Greco, Sole Director of Value Track and Luca Di Liddo, CEO of SIM, come to hold a stake of 25% and 10% of the SIM capital respectively. Marco Greco will join Luca Di Liddo as co-CEO of SIM.
“This operation allows us to scale SIM startup much faster guaranteeing us the possibility of offering, right from the start, a complete, turnkey offer for the benefit of SMEs entering the capital market – commented Di Liddo – With the official birth of Value Track SIM, from today on the market there is a new integrated operator capable of offering SMEs a personalized turnkey assistance service and, to Italian and foreign investors, access to the unique and exclusive contents of the Value Track research office”.
“We are excited to join forces with the professionals of Invest Italy SIM and participate in the launch of this ambitious project promoted by the First Capital group – said Greco – The operation, in fact, not only validates the work of the Value Track team over the years but opens up new and significant opportunities for growth and development for the benefit of SMEs, Investors and the market financial as a whole”.
(Photo: Carrie Allen www.carrieallen.com on Unsplash)