AUCTUS Capital Partners Acquires Babock & Wilcox's Italian and Swedish Branches
Deal News | Nov 04, 2024 | PedersoliGattai
AUCTUS Capital Partners, an investment fund manager based in Germany and Italy, has successfully acquired SPIG, an Italian company renowned for its engineering and construction of industrial cooling systems, and GMAB, a Swedish company specializing in the design of industrial flue gas treatment systems. Both companies were subsidiaries of the U.S.-based Babcock & Wilcox Enterprises, a provider of energy and environmental services. The acquisition was facilitated by PedersoliGattai, an advisory firm, whose team, led by partner Edoardo Pedersoli, covered the corporate, financing, and tax aspects of the deal.
Sectors
- Private Equity
- Industrial Engineering
- Environmental Technology
- Energy and Environmental Services
Geography
- Germany – AUCTUS Capital Partners operates out of Germany.
- Italy – SPIG is based in Italy and is part of the acquisition target.
- Sweden – GMAB is based in Sweden and is part of the acquisition target.
- United States – Babcock & Wilcox Enterprises is headquartered in the United States.
Industry
- Private Equity – AUCTUS Capital Partners operates as a private equity firm engaging in acquisitions.
- Industrial Engineering – SPIG is involved in the engineering and construction of industrial cooling systems.
- Environmental Technology – GMAB specializes in designing industrial flue gas treatment systems.
- Energy and Environmental Services – Babcock & Wilcox Enterprises provides energy and environmental services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| AUCTUS Capital Partners | Acquiring Company | Company | A private equity firm based in Germany and Italy. |
| SPIG | Target Company | Company | An Italian company specializing in industrial cooling systems. |
| GMAB | Target Company | Company | A Swedish company focused on industrial flue gas treatment systems. |
| Babcock & Wilcox Enterprises, Inc. | Selling Company | Company | A U.S.-based provider of energy and environmental services. |
| PedersoliGattai | Legal Advisor | Company | An advisory firm providing legal, financing, and tax guidance for the acquisition. |
| Edoardo Pedersoli | Partner | Person | Coordinated the deal for PedersoliGattai. |
| Matteo Pietrogrande | Senior Associate | Person | Supported the corporate aspects of the deal at PedersoliGattai. |