FITEC, the tech growth fund managed by Fondo Italiano d'Investimento buys a minority stake in FRIEM
Fondo Italiano Tecnologia e Crescita ("FITEC"), the tech growth equity fund managed by Fondo Italiano d’Investimento SGR, has signed an agreement to enter the capital of FRIEM SpA by mean of a 7,5 million capital increase. FRIEM is a leading Italian company active in the production of high-power converters, and with a leading positioning in the green hydrogen supply chain. The funds will support internal and external growth and R&D investments.
The Company and its Shareholders were advised by Athena M&A team led by Senior Partner Luca Lupone.
Luisa Spadari (Senior Partner) and Alessio Frigerio (Partner) supported the company in the drafting of the business plan.
Luca Purpura and Antonio Cacciato, lawyers of Studio Portale-Purpura, acted as legal advisers of the company.