Diagram: The New Chapter through CDP Equity and Trilantic Europe Acquisition

CDP Equity, a subsidiary of the Cassa Depositi e Prestiti Group in Italy, along with Trilantic Europe, a prominent mid-market European private equity investor, have acquired a majority stake in Diagram Group, an Italian agritech leader. The acquisition, which involves an 83% share previously held by investment platform Nextalia, is divided equally between the two firms, with each holding a 41.6% stake. The remaining 15% share of Diagram will remain with BF Agricola, part of the BF group, indicating continued support for the company. Diagram Group, renowned for its precision farming services and technological solutions, services a wide range of clients across various sectors. With headquarters in Emilia-Romagna, Italy, Diagram has seen rapid growth since its inception in 2017, largely due to strategic partnerships and a cross-border M&A program. This acquisition aims to cement Diagram's status as a leading agritech platform in Europe and expand its operations internationally, focusing on both organic growth and mergers and acquisitions. The deal is significant in the context of the European Commission's National Recovery and Resilience Plan, aiming for enhanced productivity and cost reduction within the agricultural sector. The acquisition marks another milestone for Trilantic Europe in Italy, emphasizing its confidence in the Italian market. It also represents Nextalia's first exit from a portfolio investment, showcasing a successful value creation strategy. Both CDP Equity and Trilantic Europe were advised by various legal and financial advisors in executing this transaction.