Emma Villas
[Credit: Emma Villas]

Emma Villas plots €10m IPO in August

Italy: Villa rental and tour operator, Emma Villas, is planning to go public via an initial public offering [IPO] in early August.

According to MF-Newswires, an extraordinary general meeting has been called to discuss the IPO next month, which would reportedly involve a capital increase alone of up to €10 million. Emma Villas would then go public on the Italian Stock Exchange in Milan and it plans to use the proceeds of the transaction to increase merger and acquisition [M&A] activity, consolidate its operations in Italy and abroad, and accelerate its organic growth strategy.

Founded in 2006 by Giammarco Bisogno, Emma Villas describes itself as the first instant buyer and property manager in Italy, with around 500 exclusive properties.

The company enables guests to rent out luxury villas, country houses, farmhouses and residences with private swimming pools on a weekly basis. Its properties are located in 15 regions across mainland Italy and islands, including Tuscany, Umbria, Marche, Emilia Romagna, Puglia, Sardinia, Sicily, Lazio, Liguria, Veneto, Lombardy, Piedmont, Campania, Abruzzo and Calabria.

In 2022, Emma Villas reported revenues of €28.3 million, a 56.5 per cent growth on 2021 figures. Since 2006, the company has welcomed more than 35,000 guests on average each year from countries such as the UK, Germany and the United States, and 480 of its villas in Italy are selected by a team of 50 professionals and periodically checked by a team of quality inspectors.

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