LG S.r.l completed a financing funded by Italian banks
LG S.r.l., based in Rimini, Italy, is a company that manufactures and commercializes luxury rigid inflatable boats (RIBs) under the Anvera brand. Founded in 2002 as a company specialized in the processing of composite materials and other services for the nautical industry, the company capitalized on the experiences acquired by Team Italia Offshore to start the study in 2014 and later the production of RIBs using high performance materials and extreme technologies. The result is an innovative boat for which complex and technological design, the use of special materials and attention to the smallest details were required. Anvera is built entirely using carbon, epoxy resin and special equipment, specially made at the LG factory.
Anvera obtained subsidized financing as part of the measures undertaken by the Italian government to facilitate access to loans for small and medium-sized enterprises (SMEs) due to the COVID-19 outbreak. The successful closing of this transaction enables Anvera to obtain new financing to face the crisis as well as to boost growth and internationalization.
Recognizing Lincoln’s successful track record of advising businesses also in adverse conditions, Anvera retained Lincoln as its exclusive financial advisor to explore financing options for the company. Lincoln worked closely with Anvera’s management team throughout the process to articulate the company’s leading business model and growth trajectory to drive a highly competitive process and deliver an excellent outcome for all stakeholders.
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Daniele Candiani
Managing Director & Co-head of Capital Advisory, Europe
Milan
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