Bravo Capital Acquires Ekso for Siwis Formation
Deal News | Mar 17, 2025 | Legal Community Italy
Bravo Capital Partners II Sca-Sicav-Raif, managed by Bravo Capital Management, has acquired 100% of Ekso to form Siwis, a holding company that creates a new integrated Italian group in the maintenance and value-added services sector with a focus on reducing environmental impact in water pipelines and related industries, both civil and industrial. The operation involved the investment of Ekso's partners and management, who were advised by Fiorentino Associati. The transaction was financed by Banco Bpm, acting as both bookrunner and agent, with Ashurst providing legal assistance. BonelliErede managed the transaction, with teams handling corporate, banking law aspects, and golden power regulations.
Sectors
- Private Equity
- Infrastructure Services
- Environmental Services
Geography
- Italy – The article discusses the formation of an Italian group Siwis and involves Italian law firms, illustrating the geographic focus on Italy.
Industry
- Private Equity – Bravo Capital Partners is a Private Equity firm involved in the acquisition of Ekso to form a new holding, Siwis, showcasing its investment role in the private equity space.
- Infrastructure Services – Siwis will focus on maintenance services for water pipelines and related infrastructure, both in civil and industrial sectors, highlighting the relevance of infrastructure services.
- Environmental Services – The focus on limited environmental impact and value-added services for water conduits highlights the involvement in the environmental services sector.
Financials
- – The article does not specify the exact deal value or financial terms related to the acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Bravo Capital Partners II Sca-Sicav-Raif | Bidding Company | Company | Managed by Bravo Capital Management, this entity acquired Ekso to create Siwis. |
| Ekso | Target Company | Company | The acquired company, providing a basis to form the Siwis group. |
| Siwis | New Holding Company | Company | The newly created entity focusing on water pipeline maintenance and services. |
| BonelliErede | Legal Advisor (Bidding Company) | Company | A law firm that advised Bravo Capital on the acquisition of Ekso. |
| Fiorentino Associati | Legal Advisor (Selling Company) | Company | A law firm advising Ekso's partners and management during the transaction. |
| Banco Bpm | Financial Institution | Company | Provided financing for the transaction, acting as bookrunner and agent. |
| Ashurst | Legal Advisor (Finance) | Company | Provided legal assistance to Banco Bpm for the financing aspects of the transaction. |