Matteo and Federico Moretti have repurchased the equity stake held by FSI, with the strategic support of financial partner Carlyle.
Milan, 24 March 2025 – The transaction for the buyback of shares in Lynx S.p.A. held by FSI has been successfully completed by the holding company of Matteo and Federico Moretti, respectively CEO and General Manager of Lynx. FSI will continue to support the Moretti brothers as Lynx embarks on its next phase of growth.
The transaction was made possible thanks to a long-term strategic investment by the Global Credit platform of Carlyle (NASDAQ: CG). In line with the new corporate structure, the composition of the Board of Directors has also been revised. Alongside the continued leadership of the Moretti brothers, Nicola Falcinelli, Deputy Head of Carlyle Private Credit Europe, and Angelo Rosiello, Partner at Oliver Wyman, have joined the board.
The Lynx Group specialises in the design and delivery of digital solutions, with a strong focus on innovation and digital transformation. Today, the Group offers end-to-end solutions combining specialised consultancy with proprietary software and operates across Italy, Spain, and Latin America.
Active for over 20 years, the Group has surpassed €130 million in revenue and employs more than 1,100 people. Lynx is recognised as a leader in digital services for utilities, banking, insurance, industry, and the public sector. In the past three years, the Group has tripled its revenue, thanks in part to ten strategic acquisitions.
The Moretti brothers aim to strengthen Lynx’s position in the digital market by focusing on quality and innovation. Going forward, the company will benefit from the strategic backing of both FSI and Carlyle.
Matteo Moretti, CEO of Lynx: “Lynx aspires to become the leading Italian player in the digital market. The significant growth we’ve achieved in recent years brings us closer to this ambitious goal. Our industrial plan includes continuous expansion, both organically and through the integration of new companies. This buyback, carried out via our family holding, is intended to consolidate that growth. We’re honoured to have a partner like Carlyle, who believes in our vision. Our thanks also go to FSI, who will remain by our side.”
Nicola Falcinelli, Deputy Head of Carlyle Private Credit Europe: “Lynx has shown strong and consistent growth over the past ten years, driven by the quality of its products and services. Carlyle is proud to support Matteo and Federico in further strengthening the company’s leadership in digital innovation.”
Maurizio Tamagnini, CEO of FSI: “Our partnership with the Moretti brothers is a great example of our investment philosophy: supporting family entrepreneurs in their growth journey, with capital and network. We will continue to stand by Matteo and Federico as they position Lynx as a key player in system integration.”
The Moretti brothers’ holding was advised by IMI (Intesa Sanpaolo Group) – MidCap Capital Structure Solutions desk – as debt advisor, and by Livingstone Partners as financial advisor. Legal support was provided by DLA Piper.