Rome/Luxembourg, 14 February 2025 – Marguerite, a pan-European infrastructure fund, has agreed to invest in FibreConnect, an Italian B2B-focused telecommunications operator active since 2022, alongside Infrastrutture per la Crescita – ESG (IPC), a fund managed by Azimut Libera Impresa SGR. The investment will result in a 45% stake in FibreConnect, while the IPC Fund will retain the remaining 55%.

This strategic partnership will enable FibreConnect to further accelerate the development of its digital infrastructure, significantly expanding fibre optic network coverage across Italy. The investment enhances the company’s position in the B2B market, allowing it to better meet the growing business demand for advanced connectivity.

In addition to its core business of providing ultra-broadband services to enterprises in industrial and artisanal areas, FibreConnect also offers advanced remote monitoring, management, and network security solutions. This makes FibreConnect a strategic partner for the digital transition of Italian businesses, offering innovative technologies for secure and efficient innovation.

FibreConnect’s projects align with the European Union’s digitalisation and technological transition goals, contributing to the gradual switch-off of copper networks in favour of fibre optics. This transition will not only improve efficiency and sustainability but will also be crucial for the international competitiveness of Italian businesses.

“We believe access to a state-of-the-art digital infrastructure is an essential service for any company, and we are proud to support the country’s digital transformation through this strategic investment. We look forward to bringing Marguerite’s long-standing expertise in the digital sector and working closely with FibreConnect’s experienced management and Azimut to achieve mutual success” said Michael Dedieu, Managing Partner at Marguerite.

“FibreConnect’s project is dedicated to advancing the digital transition of Italian businesses and this commitment aligns perfectly with our IPC Fund’s strategy to foster social and economic growth. We are pleased to welcome an experienced partner like Marguerite while maintaining a stake to continue driving long-term value creation. This transaction reaffirms our ability to generate attractive returns for investors through sustainable investments in social infrastructure” said Andrea Cornetti, CEO RE & Infrastructure at Azimut Libera Impresa SGR.

“This transaction represents a significant opportunity to consolidate our growth and enhance our capacity to deliver cutting-edge infrastructure and services to Italian businesses, aiming for an increasingly central role in the B2B segment. Thanks to the trust of Azimut and Marguerite, we can accelerate our development and better respond to the increasing demand for ultra-fast connectivity from Italian companies” said Giovanni Cialdino, CFO and Co-Founder of FibreConnect.

The transaction is subject to customary regulatory approvals.