Delphi Advisors advised Optimas Group on the carve-out and sale of subsidiaries to Accursia Capital

Delphi Advisors advised Optimas Group on the carve-out and sale of its subsidiaries in Italy, Germany, Belgium and Bulgaria, along with its French Industrial business, to Accursia Capital. Additionally, Delphi advised Optimas in securing an asset based financing solution within the scope of the transaction. Optimas is a leading global industrial distributor and service provider specializing in fastening and supply chain solutions for manufacturers looking to improve their efficiency and profitability. Optimas helps over 5,000 customers around the world make their best products by supplying over 9 billion parts from over 150,000 SKUs annually, including specialty and standard fasteners and other C-Class components, and providing value-added services such as JIT replenishment, kitting and engineering. The newly independent company, which will be rebranded as Stronghold, is one of the 10 largest full-service fastener providers in Europe and among the Top 4 in Italy. It benefits from high industry expertise and complete value-added solution capabilities. Through this acquisition, Accursia Capital is establishing its third platform within supply chain management, which it plans to further strengthen through a buy and build approach.

This transaction again underscores the capabilities of Delphi Advisors in supporting clients to successfully complete complex transatlantic / pan-European M&A carve-outs.

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