COL Giovanni Paolo, a portfolio company of Oaktree, has acquired IME SpA, with acquisition financing provided by BPER Banca and Generali
IME SpA
IME, Industrie Meccaniche Elettriche S.p.A., headquartered in Urgnano (Bergamo), is a leading producer of switchgear for industrial applications and operates through two business units: IME Quadri Duestelle and IME Mont. Its activities are mainly focused on low voltage and medium voltage switchgear applications.
The Deal
Oaktree acquired a 100% stake in I.M.E. in December 2024 through its portfolio company COL Giovanni Paolo (COL). The acquisition aligns with COL’s growth strategy to create a one-stop player to respond to T&D-related needs and strengthen both product and service offerings. Lincoln International supported COL and Oaktree in finding the most adequate financing package to finance the acquisition of I.M.E. The deal has been financed by BPER Banca and Generali Asset Management. An amendment agreement was signed to obtain the consent of the existing pool of banks, which includes Intesa Sanpaolo, Crédit Agricole, Deutsche Bank, Banca Ifis and Banca Sella, to implement the acquisition.
Our Perspective
Building on our extensive expertise and proven track record in the Italian financing market, Lincoln International provided comprehensive support to COL and Oaktree in identifying and structuring the most suitable financing solution, enabling the successful acquisition of IME.
Meet our Senior Team
By linking my experience in debt advisory and mergers and acquisitions, I look forward to delivering flexible and innovative financing solutions to make an impact that matters with long-term target clients, as Lincoln does best.
Daniele Candiani
Managing Director & Co-head of Capital Advisory, Europe
Milan
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