Acquisition History / Atlas Partners / Stilef
Atlas Partners Acquires Stilef
Announced September 2025 — €15M turnover target; bank financed 50% of enterprise value; exact price not disclosed
What happened
Atlas Partners, led by Giacomo Maria Garbarino and Stefano Carpano, acquired 100% of Stilef, an Italian custom corrugated cardboard packaging manufacturer founded in 1971 with €15M turnover.
- Acquirer
- Atlas Partners
- Target
- Stilef
- Announced
- September 2025
- Price
- €15M turnover target; bank financed 50% of enterprise value; exact price not disclosed
- Industry
- Cardboard packaging
- Buyer type
- Search fund
- Fund vehicle
- Atlas Partners
- Backing investors
- Istria Capital, Novidam, Valmaris Private Investors, Legacy Partners, Banca Intesa Sanpaolo (leveraged financing)
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Atlas Partners acquire Stilef?
Atlas Partners acquired Stilef on September 2025. This was Atlas Partners's 1st publicly tracked acquisition out of 1 we have on record.
How much did Atlas Partners pay for Stilef?
Atlas Partners paid €15M turnover target; bank financed 50% of enterprise value; exact price not disclosed for Stilef.
What does Stilef do?
Atlas Partners, led by Giacomo Maria Garbarino and Stefano Carpano, acquired 100% of Stilef, an Italian custom corrugated cardboard packaging manufacturer founded in 1971 with €15M turnover.
What other Cardboard packaging companies has Atlas Partners acquired?
Stilef is Atlas Partners's only publicly tracked acquisition in Cardboard packaging so far.