Alantra acts as Global Coordinator and Bookrunner in the IPO on the Italian AIM market of SIRIO, the market leader in the Italian hospital catering business
SECTORConsumer Goods & Retail
ServiceEquity Capital Markets
Alantra, an independent global investment banking and asset management firm, acts as Global Coordinator and Bookrunner in the IPO on the Italian AIM market of SIRIO, the market leader in the Italian hospital catering business. With total revenues of €64Mn, Sirio directly manages bars/eateries for employees, visitors and patients in public hospitals.
Over the years, Sirio has successfully exported its scalable business model to different channels of the catering industry: motorways, airports, fast food as a franchisee of Burger King. Sirio is present in 11 Italian regions with a total of 77 point of sales and ca. 700 employees.
The shares represent approximately 32% of the new Sirio share capital and have been assigned to leading institutional and professional investors, both Italian and foreign. The placement has a value of approximately €10.4Mn. The offer price was set at €9.50 per share for an expected capitalization, at the date of the start of trading, of €32.8Mn.
SIRIO’S IPO is the largest equity deal completed so far this year on the AIM market.
Oct 2023Debt Capital MarketsOct 2023SECTOR Publishing & MediaService Debt Capital Markets
Jun 2023Sell-side advisoryJun 2023SECTOR Healthcare; Consumer Goods & RetailService M&A
Apr 2023Buy-side advisoryApr 2023SECTOR Consumer Goods & RetailService M&A
May 2022Buy-side advisoryMay 2022SECTOR Consumer Goods & RetailService M&A