Superyacht glass firm Isoclima changes ownership in PE deal

Isoclima Group, the Italian superyacht glass manufacturer, has been acquired by Fondo Italiano d’Investimento and The Equity Club from pan-European private equity firm Stirling Square Capital Partners.

The acquisition was closed through Fondo Italiano Consolidamento e Crescita II (FICC II), which focuses on the growth of “Made in Italy” companies, and TEC Glass, an independent vehicle formed by the investors participating in the club deal initiative sponsored by The Equity Club (TEC).