Alantra acted as Nomad, Global Coordinator and Bookrunner in Giglio’s IPO
SECTORConsumer Goods & Retail
ServiceEquity Capital Markets
Milan – Alantra, the global investment banking and asset management specialist, is pleased to announce that it acted as Nominated Advisor (“NOMAD”), Global Coordinator and Bookrunner on Giglio.com (“Giglio”) IPO on AIM Italia.
Based in Palermo (Sicily), Giglio.com is a niche marketplace that offers to multi-brand stores and brands a differentiated alternative to the global leader Farfetch. The Company sells luxury products of more than 162 boutiques, mostly but not exclusively Italian, to consumers in different geographies in exchange for a commission.
Giglio is still owned by the Giglio family, who has been historically involved in the luxury business with the management of multi-brand luxury. The first e-commerce activities of Giglio.com are dated back to 1996 (one year after the establishment of Amazon). The business was re-launched in 2007 and evolved from pure e-commerce to marketplace in 2017.
This is the third Italian IPO managed by Alantra during 2021 and the first IPO of a Sicilian company on the Italian Stock Exchange. Also, Giglio’s IPO will enhance the Company’s visibility and reliability with multi-brand stores, brands, and consumers. The offer has been oversubscribed 2x by Italian and international institutional investors.
Stefano Bellavita, Managing Partner at Alantra commented: “This transaction demonstrates the capabilities of our Equity Capital Market practice in Italy, having already completed 3 IPOs in 2021 and 12 since the beginning of the ECM practice in Italy.”
May 2022Buy-side advisoryMay 2022SECTOR Consumer Goods & RetailService M&A
Mar 2022Sell-side advisoryValue £40mMar 2022SECTOR Consumer Goods & RetailService M&AValue £40m
Jan 2022Sell-side advisoryJan 2022SECTOR Consumer Goods & Retail; TechnologyService M&A
Jan 2022Debt financingValue $200 millionJan 2022SECTOR Consumer Goods & RetailService Debt AdvisoryValue $200 million