Aquanexa Expands with TEC-AM Acquisition
Deal News | Apr 29, 2025 | Finance Community IT - 3 Private Equity
Aquanexa, backed by Algebris Green Transition Fund, has completed the acquisition of TEC-AM, a company specializing in the management and construction of facilities for potable and wastewater treatment. The acquisition is part of Aquanexa's broader strategy to enhance its offerings in the water management sector, particularly focusing on sustainable and innovative solutions. The move will establish the Infrastructures and Plants business unit within Aquanexa, complementing its existing engineering and digital platform businesses. This strategic expansion was supported by several advisors, including EY Advisory for M&A aspects and Grimaldi Alliance for legal aspects. The acquisition aims to expand both the reach and capabilities of Aquanexa, as well as prepare for further growth through additional acquisitions and partnerships in the near future.
Sectors
- Private Equity
- Water Management
Geography
- Italy – TEC-AM is an Italian company specializing in water treatment, and the acquiring entity, Aquanexa, is linked to the Italian-based Algebris Investments.
Industry
- Private Equity – The article discusses an acquisition made by a private equity fund, indicating involvement in investment and strategic growth.
- Water Management – The acquisition relates to the water treatment industry, focusing on potable and wastewater management solutions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Aquanexa | Acquirer | Company | A subsidiary of the Algebris Green Transition Fund involved in expanding into water management services. |
| Algebris Green Transition Fund | Investment Fund | Company | A private equity fund managed by Algebris Investments, focusing on sustainable investments. |
| TEC-AM | Target | Company | An Italian company specializing in the management and construction of water treatment facilities. |
| EY Advisory | M&A Advisor | Company | Advisor for M&A aspects involved in the acquisition of TEC-AM. |
| Grimaldi Alliance | Legal Advisor | Company | Provided legal advisory services for the acquisition. |
| Epyon | Financial Advisor | Company | Provided financial accounting advice for the acquisition. |
| Pietro Bracco and Stefano Versino (&Partners) | Tax Advisor | Company | Provided tax advisory services for the acquisition. |