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Description

Founded in 1964, ISCOM is an Italian company that produces metal roofing for large public and private buildings. The company's commercial offering is based on the Riverclack® brand - a patented metal roofing system appreciated for its resistance, design and ease of installation The Riverclack technology, chosen by numerous international architects, has started a rapid expansion of the business for projects in Italy and around the world such as the covering of the Milan Fair, the Rome Fair and Bergamo; the coverage of the Mapei Stadium; the roof of the new Roland Garros; the dome of the great Mosque of Algiers; the terminals of airports such as Ankara, Istanbul and Izmir in Türkiye; of Bogotà and Santa Marta in Colombia; of Hurghada in Egypt

Investment thesis

ISCOM operates in the market niche relating to metal roofing for large public and private buildings characterized by a favorable market context in the coming years both in Italy and abroad In the competitive landscape, ISCOM offers a patented aluminum roofing system characterized by a high technical value according to market KPCs compared to competitor solutions Major customers recognize the product superiority of ISCOM and the Riverclack brand (e.g. durability, waterproofing, speed of installation) Clessidra has been the company's main creditor since 2021 and over the years it has had the opportunity to appreciate the great potential of ISCOM, which has proven to be a resilient asset with a strong technological and engineering component, widely appreciated by customers. Following the purchase of 100% of the company's capital, ISCOM will return to performing status and will be able to count on the resources necessary to continue and accelerate its ambitious growth project

Company

Iscom SpA

Initial participation

100%

Investment status and date

In portfolio | 06/2024

Sector

Metal roofing

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