Experica Acquired by Europart in Strategic Deal
Deal News | Feb 04, 2025 | Finance Community IT - 1 Corporate M&A
In a significant move in the European automotive aftermarket industry, Europart Group GmbH has acquired Experica, an Italian distributor of parts for industrial vehicles. Clearwater, a European corporate finance firm specializing in the mid-market, served as the financial advisor for Experica's shareholders. This acquisition is strategic, aligning Europart's growth ambitions with Experica's strong market presence in Italy. Experica's shareholders reinvested in Europart, securing their roles as shareholders and maintaining management responsibilities. Legal and advisory support for the transaction was provided by firms including Grimaldi Alliance, Chiomenti, Gleiss Lutz, Alvarez & Marsal, and Deloitte. The expanded group aims to capitalize on synergies to enhance operational efficiency and foster growth in a highly competitive market. Experica's network of strategically located branches across northern Italy will complement Europart’s efforts to consolidate its leadership in the fragmented European market.
Sectors
- Automotive Aftermarket
- Corporate Finance
- Legal Services
Geography
- Italy – Experica is based in Italy, and the expansion of Europart’s presence in the Italian market is a central theme of the article.
- Europe – Europart Group is a European entity, and the acquisition aligns with its strategy to consolidate and lead the European market.
Industry
- Automotive Aftermarket – The article involves companies in the distribution of replacement parts for industrial vehicles, a key sector of the automotive aftermarket.
- Corporate Finance – Clearwater, a corporate finance firm, played a significant advisory role in the transaction.
- Legal Services – Several legal advisory firms were involved in the acquisition process, highlighting the critical role of legal expertise in M&A transactions.
Financials
- 550 million euros – Annual turnover of Europart Group.
- 100 million euros – Annual turnover of Experica in 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Experica | Target Company | Company | An Italian company specializing in the distribution of replacement parts for industrial vehicles. |
| Europart Group GmbH | Buyer | Company | A leading European distributor of vehicle parts, pursuing growth and consolidation in the fragmented European market. |
| Clearwater | Financial Advisor | Company | An independent corporate finance firm advising on mid-market transactions across Europe. |
| Grimaldi Alliance | Legal Advisor | Company | Provided legal advisory services to Experica during the transaction. |
| Chiomenti | Legal Advisor | Company | Provided legal advisory services to Europart during the transaction. |
| Gleiss Lutz | Legal Advisor | Company | Provided legal advisory services in the transaction process. |
| Alvarez & Marsal | Advisor | Company | Provided advisory services to Europart during the transaction. |
| Deloitte | Advisor | Company | Provided advisory services to Europart during the transaction. |