The practice
Independent advisory on hotels and data centre sites.
MC21 Capital works across Italy from its base in Rome, and is a brand of Stargraph Srl. It works with owners, investors and developers on selecting opportunities, analysing them and running transactions.

Who leads the work
Engagements are led by Michele Imbimbo.
Assessing a hotel or a data centre site calls for an understanding of transactions and, for data centres, of the electricity sector: Michele Imbimbo brings both to the same discussion.
MC21 is independent. Each engagement identifies the client represented and the fees, agreed before work begins.
Background
- Enel and Enel X
M&A, innovation and sustainability
Assessing corporate transactions, with direct knowledge of the electricity sector on which data centre site feasibility depends.
- Since 2022
Adviser on hotel transactions
Supporting owners and investors through the assessment, the preparation of information and the discussions with counterparties.
- Today
Founder of MC21 Capital
Leading engagements on hotels and data centre sites in Italy.
Method
How we work
We find opportunities, put them in front of the right counterparties and follow their structuring. We work with owners, hotel operators, investors, family offices, funds and developers.
Much of the work is keeping owners, investors, operators and the legal, tax and technical advisers each party brings aligned, so that every decision arrives with the information it needs. Where specialist expertise is needed we bring in dedicated professionals rather than standing in for them.
What you receive, step by step.
The work depends on the scope agreed in each engagement. These are its concrete outputs.
- 01
Preliminary fit assessment
A reading of how the opportunity fits the investment criteria, the market and the timetable: whether to proceed, and on what conditions.
- 02
Missing documents and information
A list of what a decision still needs (trading data, contracts, title, planning, grid connection) and who has to provide it.
- 03
Presentation material
A presentation of the hotel or site built on the documents available, shared under the agreed confidentiality terms.
- 04
Counterparty selection
Investors, operators or developers that fit on geography, scale and strategy, approached selectively.
- 05
Coordination of the next steps
Requests, site visits, document exchanges and deadlines, with the parties and their advisers aligned through to signing.
Fees
The scope of the engagement, the client represented and the commercial terms are agreed in writing before work begins: who pays, how the fee is calculated, the event that earns it and when it falls due. Transactions normally carry a success fee tied to completion. Dedicated searches also carry a monthly fee for the search work, alongside the success fee.
What MC21 does not do
- No legal, tax or technical advice: qualified professionals are brought in when needed.
- No certified valuations.
- Not a real estate agency.
Contractual documents can be read commercially. Legal conclusions require a qualified professional.
Let’s start here
Where would you like to start?
Choose a path and the form asks only for what is useful. No confidential documents at first contact.
Data centres:Propose a siteShare your site requirements
Or write directly to michele.imbimbo@mc21.capital