Transaction

Clearwater advises the majority shareholder on raising new finance to support the acquisition of the remaining stake in Ligabue SpA

Transaction

Majority shareholder raised new finance from Anthilia Capital Partners to support the acquisition of the remaining stake in Ligabue SpA

Debt Advisory

Undisclosed

Role

Adviser to the majority shareholder on raising new finance to support the acquisition of the remaining stake in Ligabue SpA

Sector

Food & Beverage

Region

Italy

Clearwater has advised the majority shareholder, Inti Ligabue, CEO and Chairman of Ligabue SpA, on raising new finance to support the acquisition of a 30.6% stake in Ligabue SpA, provider of international catering and supplier services, from NB Aurora, an investment vehicle promoted by Neuberger Berman. The financial resources have been raised at the level of the Ligabue family holding company, Lilux, and provided by Anthilia Capital Partners, through a new subordinated financing.

Based in Venice, with a footprint across 16 countries and a history of more than 100 years, Ligabue SpA offers catering and supply services for on-shore and off-shore platforms such as cruise ships, ferries, and merchant vessels, as well as shipowners and leading maritime travel operators. In 2022, the group reported an impressive growth of more than €70 million revenues, reaching a total turnover of €314 million, returning economic ratios to pre-pandemic levels.

Founded in 1919 by Anacleto Ligabue, then managed by his son Giancarlo, and now by his grandson Inti, Ligabue SpA has always been controlled by the same family, which today, after almost 40 years and following the acquisition of the remaining 30.6% stake, fully returns to own 100% of the company.

cruise ship

This is a historic moment for our company and extremely significant. A choice that guarantees long-term strategy for all the group's stakeholders. The willingness to keep the shareholding in the hands of the founding family, as the sole shareholder, confirms the company's solidity and vision for the future.

Inti Ligabue, CEO, Chairman, and Shareholder, Ligabue SpA

Advisers