Alantra acted as Nominated Advisor, sole Global Coordinator and Bookrunner in the IPO of Planetel on AIM Italia


ServiceEquity Capital Markets

Dec 2020

Milan – Alantra, the independent global mid-market investment banking, alternative asset management and credit portfolio advisory firm, has acted as Nominated Advisor (NOMAD), sole Global Coordinator and Bookrunner in the IPO of Planetel on its IPO on AIM Italia.

Planetel, a local fiber network services provider with an integrated offer of connectivity, has developed its own fiber optic network for Ultra-fast broadband connection in about 96 Municipalities (in Italy) and provides TLC/IT services to over 19,000 Clients in Lombardy, Veneto and Campania, via a multichannel approach.

The Company, which ranks among the first Italian Internet Service Providers (ISP and WISP) to progressively expand in telecommunications and the system integration sector, has made its mark on the territory as sole player able to offer integrated digital solutions, ASP/Cloud services and other IT facilities. Planetel’s key assets consist of approximately 1,400 Kms of fiber optic network – CLOUD infrastructure in 3 Datacenters – 74 Planetel Points in 55 Municipalities – 800 Cabinets on the territory.

The group was initially a system integrator and then moved to construction of a proprietary fiber-optic network in specific rich geographical areas in Northern Italy. Given that current penetration (24%) and take-up rate (10%) of FTTH connectivity in Italy is low compared with the average of the main European countries, Planetel should play a key role in the deployment of fiber networks in the next years.

“We are pleased to have assisted Planetel in the path to going public” – comments Stefano Bellavita, Managing Partner at Alantra and Head of Equity Capital Markets – “with a placement that has greatly attracted Italian investors and a significant number of international investors of high standing”.

This deal is the seventh IPO concluded by Alantra in Italy since the launch of the Equity Team and will further strengthen the firm’s credibility in the equity capital markets.

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