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Description

Sirti S.p.A. is the leading Italian company in the design, construction, management, and maintenance of telecommunications networks and systems primarily for the end markets of fixed and mobile telephony, railway transport, and TV broadcasting. Among its clients are Telecom Italia, TIM, Ferrovie dello Stato, and RAI. Sirti's characteristics, resulting from its historical evolution and strength together, are technological know-how and a strong presence throughout the national territory.

Investment thesis

The company was the first operator in Italy with a widespread presence across the national territory (far exceeding the competition) and widely recognized technological know-how. Clessidra Private Equity focused on consolidating Sirti's position in the Italian market by strengthening its competitive positioning and continuing to implement cost rationalization strategies.

Company

Sirti S.p.A.

Initial participation

19.9%

Investment status and date

Sold | 12/2014

Data di uscita

08/2016

Sector

Telecommunications Network Infrastructure

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