Emisys Capital sgr bets on the camping sector in Italy and subscribes a capital increase for a minority stake in Club del Sole, a leading company managing holiday villages in bungalow, mobilhome or housing tent (download here the press release) in many parts of Italy including Riviera Adriatica in Emilia Romagna, beaches in Roseto degli Abruzzi, Argentario (Tuscany) and Garda Lake.
Based in Forlì (Emilia ROmagna, Northern Italy) and founded in 1974 by Giancarlo Giondi, Club del Sole is now controlled and run by Riccardo and Massimo Giondi and thanks to Emisys’s support the company is preparing to acquire new structures in Italy,
Emisys conducted the deal through Emisys Development Fund, which is specialized in both private equity and private debt investments, Club del Sole srl newco was created to which all the company’s managing activities have been transferred..
Club del Sole has been supported by Banca Euromobiliare (financial matters), by Studio Chiomenti (legal issues), studio Scala-Giondi (accounting and fiscal issues) and Deloitte (vendor due diligence). Emisys was supported by Ashurst law firm, Kpmg-KStudio Associato (accounting and fiscal issues), and Global Strategy (market analisys) and Willis (insurance issues).
Emisys is the first Italian private equity investing in the camping sector in italy. Actually 21 Investimenti only, through its French division 21 Centrale Partners, created in France Vacalians Group through the merger of Vacances directes and Village Center (see here a previous post by BeBeez).
