May 25, 2021
MATTEO PAGGI APPOINTED MANAGING PARTNER OF TRANSLINK ITALY
With a focus on the future, Translink Italy has appointed Matteo Paggi as its new Managing Partner. David Strempel – who founded and led the firm over the last decade and retains the role of Chairman – took this decision together with the Company’s Board seeing in Matteo the ideal characteristics to lead Translink Italy through its next growth phase in an ever more challenging Italian context.
David Strempel, Founder and Chairman of Translink Strempel & Co (“Translink Italy”) and Vice Chairman of Translink International declared: “In completing my direct involvement in over ten years as Managing Partner, I felt, in agreement with my partners, that it was time for a new impetus in order to favour our firm’s growth in Italy. On behalf of the entire Translink Group, I would like to welcome Matteo Paggi as the new Managing Partner of Translink Italy. Matteo’s experience is ideal as it combines recognised managerial qualities with a proven and constantly growing track record of transactions concluded in the automotive and industrials sectors. His deep knowledge of Translink’s international network and of the diversified teams on a global level will enable us to realise our ambition to continually better serve our clients and to create the conditions for sustainable long-term growth for the whole Group”.
Matteo Paggi, Translink Italy’s new Managing Partner declared: “I am honoured to be appointed Translink Italy’s Managing Partner and grateful for the trust of our Partners and the Board. Our firm is ever more visible on the Italian M&A scene, specialised in cross border transactions which see the involvement of SMEs and it is equally a truly global firm whose origins however, thanks to David, are also firmly rooted in Italy, the country in which I was born and where I see the opportunity to make a difference over the next few years. My main objective will be to create the best conditions in order that Translink Italy generates value for its Partners and the entire team. This is an opportunity to shape the advisory business in a new and distinct way considering this peculiar historical phase. This is a unique opportunity that I intend to leverage for the good of all our stakeholders. I would like to thank David for his commitment, drive and leadership which have been fundamental for the stability of our firm and for the results achieved during his long period of management. I am enthusiastic and eager to continue working with him, the Board and with all our Translink colleagues in what will be rapid and challenging growth.
MATTEO PAGGI Managing Partner Translink Italy
Matteo Paggi (45) is a finance professional with extensive experience in corporate finance, transaction services and auditing. Matteo began his career in the Milan office of KPMG where he progressed with increasing levels of responsibility performing audit activities in the Financial Services sector. Subsequently, within KPMG’s Transaction Services division, he carried out transactions and due diligence activities. From 2007 to 2010, he worked for MIT.FIN (a Milan-based investment banking boutique), where he be- came Head of the Execution Team and followed several M&A transactions in domestic and foreign markets. From 2010 to 2011 he was Head of Execution in Fante (a Milan-based investment banking company). In 2013 he became CEO/CFO of an Italian company providing printing services. In 2016, Matteo once again joined Translink Strempel as Partner. Matteo graduated in Business Administration from Bocconi University (Milan, Italy) and he can conduct business in his native Italian, as well as in English and French. He is a member of our automotive, industrials and health industry groups, having clo- sed several transactions in these sectors. In the last three years, Matteo successfully closed several deals in different sectors; we mention, among others: two wheelers (sale of MotoMorini to the Chinese group Znen and sale of an historical domestic company to a renowned Italian group), furniture/luxury (sale of Cenacchi International, Italian leading company in the custom furniture, to Italian Design Brands) and personal care (acquisition of a leading company in natural cosmetic products by a well-known Italian multinational group).
DAVID STREMPEL Chairman Translink Italy,
Vice Chairman Translink International
David Strempel (61) has worked for and advised some of the world’s leading multinationals both in Europe and the United States and has a long history of experience with small & medium-sized capital transactions. Before founding Strempel & Partners, the predecessor firm to Translink Strempel & Company, he was co-owner and Managing Director of Informed Sources Ltd., a high-level corporate strategy firm sold in 2002 to Mercer Management Consulting (part of the Marsh & McLennan Group). He joined Informed Sources from America Online (AOL) in the UK where he was head of finance and operations. Prior to AOL, he worked five years for Bertelsmann during which time he helped launch and run BMG’s video games division (later merged with Take 2 Interactive) and was head of strategy for BMG International. David is a qualified accountant (CPA) and began his career in 1982 with KPMG in Frankfurt. He later joined Price Waterhouse working as a Manager both in their Milan and New York offices. Following Price Waterhouse, he joined AWT, Inc. (Veolia Environnement) as Group Controller. He is able to conduct business in his native English, Italian and German. David is a member of our IT and industrials industry groups, having closed several transactions in these sectors. His latest transaction was the acquisition made by Pedrollo in the US of Superior Pump.
Translink Strempel & Co. è la società partner di Translink Corporate Finance in Italia composta da professionisti della finanza stagionati che hanno maturato una vasta esperienza in una varietà di settori e discipline all'interno di alcuni dei più importanti attori sia a livello nazionale che internazionale nell'industria, finanza e consulenza direzionale.
Press OfficeCristina Fagioli
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