Hpilog Acquisition: A Strategic Move by Icam (Aksìa)
Deal News | Jul 07, 2025 | Finance Community IT - 3 Private Equity
Aksa Capital V, managed by Aksa SGR, has facilitated its portfolio company Icam in the acquisition of Hpilog, an Italian firm known for its integrated logistics solutions. This marks the first add-on acquisition for Icam and aligns with the growth strategy implemented since its inclusion in Aksa's portfolio. The acquisition broadens Icam's product offerings and enhances Hpilog's growth through Icam's extensive commercial network. The legal and financial advisors for the transaction were EY and law firm Giliberti Triscornia e Associati, respectively. Hpilog, founded in 2021, specializes in vertical automatic warehouses and long item storage, making it a strategic complement to Icam's current offerings. This development marks a significant step for both companies, reinforcing their position in the increasingly specialized logistics market with plans to expand into key markets such as the US and Asia. Commentary from Aksìa partner Filippo Anichini, Icam CEO Roberto Bianco, and Hpilog co-founder Cesare Frigerio highlights the strategic importance and expected growth from the merger.
Sectors
- Logistics
- Private Equity
Geography
- Italy – Both Icam and Hpilog are Italian companies, making the deal primarily centered in Italy.
- International – The expansion strategy involves reaching key international markets like the US and Asia.
Industry
- Logistics – The article focuses on companies providing logistics solutions, specifically in automated warehousing and supply chain management.
- Private Equity – The acquisition involved Aksìa Capital, a private equity firm managing the participating acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hpilog | Target Company | Company | Italian company specializing in integrated logistics solutions and vertical automatic warehouses. |
| Icam | Acquiring Company | Company | Portfolio company of Aksìa Capital specializing in logistics and automatic warehousing solutions. |
| Aksìa Capital V | Investor | Company | Private equity firm managing the investment through its fund Aksìa Capital V. |
| Aksa sgr | Fund Manager | Company | The management company overseeing Aksìa Capital V. |
| EY | Financial and Tax Due Diligence Advisor | Company | Provided financial and tax due diligence for the acquisition. |
| Giliberti Triscornia e Associati | Legal Advisor | Company | Handled legal and employment law aspects of the acquisition. |