Marco Polo News

Best Union Company SpA acquires a 100% interest in IREC, a French company with a turnover of EUR 9.8 million, an EBITDA of EUR 1.0 million, and a net profit of EUR 0.4 million in 2013. The transaction value is EUR 4.8 million, plus an earn out depending upon the improvement of future results. Through the acquisition of IREC, the Group consolidates a strong presence on the French market, becoming an important player in the areas of culture and entertainment. For Best Union Company, France represents the second largest market in terms of revenues. The Group is now in a position to achieve in 2014, two years in advance, the revenue target set [...]

Marco Polo Advisor announces the closing of the sale of a majority stake of R&C Lab to Agrolab Group, one of the main European players in the laboratory services. The purchase represents a strategic investment for Agrolab enabling it to enter one of the largest markets for analytical services in Europe and therefore an expansion of the Agrolab Group's leading role in Europe.

All the recent developments in the corporate crisis management law is focused on improving the tools for crisis management outside the courtroom, through private law agreements between the stakeholders .The complex procedures of Italian law, for time, costs and complexity, often do not allow to preserve the main assets of the company, and seldom permit an effective exit from the crisis .In addressing the crisis without the courts some key factors proved to be fundamental:- An early intervention;- The development of a solid and effective restructuring plan;- The existence of human and financial resources [...]

On February 18th United Ventures subscribed a capital increase in Cloud4Wi for a total amount of $ 4 million .Cloud 4 Wi has developed an innovative cloud-based solution for remote management of WiFi networks with innovative features that allow customers to obtain advanced performance in the field of marketing and communication. The cloud platform of Cloud4Wi is aimed at venues and uses a cutting-edge strategy to enable them to monetize Wi-Fi services offered to their clients, by promoting commercial offers, providing applications and setting up targeted marketing campaigns. Marco Polo Advisor has assisted Cloud4Wi in the [...]