(Finance) – Palladio Holdingan independent holding company and one of the most active private equity companies in Italy, has acquired 31% of the Sonica investment vehicle with a pool of investors from Amundi, the largest European asset manager. Sonica is the investment vehicle focused on the professional audio market through which Palladio already holds stakes in DPA, a Danish company which is a world leader in the production of microphone solutions, and a minority share in RCF Group.
The operation was carried out through the creation of a Club Deal, we read in a note. In detail, Palladio strengthens its stake in Sonica, rising from 69% to approximately 78% of the vehicle’s capital, supported by a pool of investors of primary standingamong which BNP Paribas (through BNP Paribas BNL Equity Investments) e prestigious family offices, which will hold a total share of over 19%. The project also sees the involvement of Palladio’s management team, which invests approximately 2% in Sonica.
“We are happy and satisfied with the path concluded with Amundi with which there will certainly be other opportunities for collaboration – they commented Nicola IorioManaging Partner and Nadia ButtignolPartner of Palladio – We are equally proud today to have gained the trust of prestigious investors, with whom we are thrilled to be able to share the next steps of a project that sees us focused on a market that we know very well and with broad growth prospects”.