Lodestar Buys Up Another One: This Time It’s Doit, and It’s Gonna Cost Ya
Ah, Lodestar. Sounds like something you’d find shimmering faintly on a dusty pirate map, doesn’t it? Turns out it’s a company, owned by the even more alluringly named Bravo Capital Partners II. Apparently, "Bravo" is an ironic moniker considering they’re splashing their cash around like an overeager sea captain on a rum bender.
See, they’ve just gone and gobbled up Doit, a company based in Fabriano (I’m not making that up, look it up, geography lovers!) that’s known for its fancy pants "Microsoft Dynamics CRM” thingy. In layman’s terms, they tell computers how to talk to salespeople. Exciting stuff, I know.
But hey, let’s be honest, this is all just corporate speak for "we’re bigger now, and we’re gonna charge you more." Lodestar’s sniffing around the Italian digital market like a truffle pig after its next big meal. Their aim? To become the go-to "partner" – code word for "expensive middleman" – in all things Microsoft.
And they’re not messing about, bringing in the big guns:
-
Fabio Luinetti: A seasoned veteran of the ICT world, the man’s CV is longer than my list of reasons why I shouldn’t [Matt Lucas voice] "have another custard cream." He’s clocked up thirty years in the trenches battling with tech giants like Citrix, Oracle, and Microsoft. Now, he’s here to lead Lodestar’s charge.
-
Elena Lualdi: The financial whizz who’ll be counting all the loot. She used to sling spreadsheets for the Lutech group – so, good with numbers, but probably doesn’t get invited to many wild parties.
- Eleonora Galli: Head of HR, the woman who decides which poor souls are destined to work all hours under the Lodestar banner.
Sounds like a fun bunch, eh?
But hold on, there’s more!
Lodestar had a team of advisors busier than ants at a picnic:
- BonelliErede: The legal eagles making sure everything’s above board. Probably spent more time arguing over commas than actually doing any real work.
- Deloitte: The bean counters doing the sums and ensuring environmental, social, and governance (ESG) concerns are met. Because, y’know, profits with a side of concern for the planet.
And it wouldn’t be a proper corporate takeover without a crochê of banks to finance the whole shebang:
- Cassa Centrale Banca
- BCC of Brescia
- BCC Rivarolo Mantovano
They’re all throwing their hats in the ring, hoping to get a slice of the Lodestar pie.
So there you have it, folks. Another day, another acquisition. Lodestar’s on the rise, fuelled by a hunger for growth and a healthy disregard for, well, just about everything else. But hey, at least they’ll have a nice new CRM system to manage all those customer complaints…
Lodestar, a company backed by Bravo Capital Partners II, is accelerating its growth through strategic acquisitions. This time, Lodestar’s subsidiary, Zerouno Computer Science, has acquired 100% of Doit, further solidifying Lodestar’s position in the Italian digital market and bolstering its expertise on the Microsoft technological platform.
Based in Fabriano, Doit is a respected company renowned for its deep expertise in Microsoft Dynamics CRM, application development, and cloud solutions. This acquisition will enable Lodestar to expand its technological capabilities, integrate new skills, and enhance its ability to deliver innovative solutions to its clients.
Lodestar’s Growth and Leadership
With a team of over 500 professionals, Lodestar anticipates sales of 70 million euros for 2024, demonstrating its considerable presence and influence in the Italian digital landscape. Lodestar possesses specialized vertical skills honed on the Microsoft technological platform, establishing itself as a key partner for businesses seeking digital transformation.
To maximize the synergies between Lodestar and its recent acquisitions, Fabio Luinetti joined the group in 2023 as CEO, bringing with him thirty years of experience in the ICT world. Luinetti’s impressive background includes leadership positions at prominent companies such as Citrix, Oracle, and Microsoft.
In the first half of 2024, Lodestar further strengthened its Management Team with the addition of Elena Lualdi as CFO and Eleonora Galli as HR manager. Lualdi brings significant financial experience from her time at the Lutech group, while Galli’s expertise comes from holding leadership positions at Accenture.
Advisors to the Transaction
Lodestar received comprehensive support during the acquisition from leading advisors: Bonelli Erede (legal and fiscal), Deloitte (accounting and ESG due diligence) and the notary firm Milan Notaries (represented by Notary Giovannella Condò).
DOIT partners were expertly advised by BLF Law Firm (legal) and Studio Gironzi (accountants). Financing for the transaction was provided by Cassa Centrale Banca, BCC of Brescia, and BCC Rivarolo Mantovano.
What are Lodestar’s strategic goals in acquiring Doit and how does this acquisition fit into their overall expansion plans?
## Lodestar’s Latest Acquisition: A Conversation with an Industry Expert
**Host:** Welcome back to the show! Today we’re diving into the world of big tech and even bigger acquisitions. Joining me is [Guest Name], a renowned technology analyst with years of experience tracking the movers and shakers in the industry.
[Guest Name], thanks for being here.
**Guest:** Thanks for having me!
**Host:** Let’s talk about Lodestar. They’ve been making headlines lately with their acquisition of Doit. Can you give our listeners some context?
**Guest:** Absolutely. Lodestar, backed by Bravo Capital Partners II, has been on an aggressive growth trajectory, snapping up companies to expand their footprint in the tech sector. This latest acquisition of Doit, a specialist in Microsoft Dynamics CRM based in Italy, is a strategic move to strengthen their presence in the European market and enhance their Microsoft-focused offerings.
**Host:** The article we’re reading paints a picture of Lodestar as a bit of a corporate raider, gobbling up smaller companies. Is that a fair assessment?
**Guest:** Well, it’s certainly true that they’re expanding rapidly through acquisitions. Whether it’s “raiding” depends on your perspective. Lodestar is clearly looking for strategic partnerships that complement their existing strengths and offer opportunities for growth.
**Host:**
Doit seems to be a solid company with expertise in a niche area. What does this acquisition mean for them and their clients?
**Guest:** It’s a double-edged sword. On one hand, being part of a larger organization like Lodestar can provide Doit with access to more resources, potentially expanding their reach and client base. However, there’s always a risk of losing some autonomy and potentially facing changes in company culture.
**Host:** The article mentions a number of advisors and financial institutions involved in this deal. What role do they play in an acquisition like this?
**Guest:** These deals are complex. You need legal experts like BonelliErede to ensure everything is above board, accountants like Deloitte to handle the financial aspects, and of course, banks to provide the financing. It’s a whole ecosystem of players involved in making these mergers happen.
**Host:** Interesting. Looking ahead, what do you think this acquisition means for Lodestar’s future?
**Guest:** Lodestar seems determined to become a major player in the Microsoft ecosystem, especially in Europe. This acquisition adds another piece to their puzzle, positioning them to potentially offer a broader range of services and solutions to clients.
**Host:**
Well, it sounds like Lodestar is one to watch in the coming months and years. [Guest Name], thanks for sharing your insights with us today!
**Guest:**
My pleasure!
