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
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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.
Jan 2022Debt financingValue $200 millionJan 2022SECTOR Consumer Goods & RetailService Debt AdvisoryValue $200 million
Oct 2021Public tender offerOct 2021SECTOR Consumer Goods & RetailService Equity Capital Markets
Sep 2021Buy-side advisorySep 2021SECTOR Food & Beverage; Consumer Goods & RetailService M&A
Sep 2021Sell-side advisorySep 2021SECTOR Consumer Goods & RetailService M&A