Milani Secures Strategic Investment from Montefiore Investment
Deal News | Nov 06, 2024 | Finance Community IT - 3 Private Equity
Montefiore Investment, a pan-European private equity firm specializing in service companies, has acquired a majority stake in Milani, an Italian provider of electromechanical plants for the advanced tertiary real estate sector. Milani, originally founded by Giovanni Milani in 1964 and still managed under the leadership of his children Beatrice and Oreste, has demonstrated substantial organic growth, consistently achieving a significant revenue milestone of over 100 million euros. The company is based in Osnago, Italy, with more than 200 employees. Montefiore's investment signals a strategic partnership aimed at fortifying Milani's standing as a leading Italian MEP specialist through quality execution of complex projects. While the family retains a significant minority stake, decision-making and management will remain under the Milani leadership, alongside a committed management team willing to invest in the venture. PwC, Legance, Studio VBM, EY, BIP, Kearney, Marsh, DLA Piper, and GPBL have all contributed advisory support in various capacities to facilitate this acquisition.
Sectors
- Private Equity
- Construction & Engineering
- Real Estate
Geography
- Italy – The target company, Milani, is an Italian company headquartered in Osnago and operates within the Italian market.
- Europe – Montefiore Investment is a pan-European private equity firm, highlighting the broader European geographical context of the article.
Industry
- Private Equity – Montefiore Investment is a private equity firm specializing in service companies, indicating the relevance of the Private Equity industry to this article.
- Construction & Engineering – Milani operates in the electromechanical and construction services sector, focusing on complex real estate projects, which ties the article to the Construction & Engineering industry.
- Real Estate – Milani focuses on the advanced tertiary real estate sector, making Real Estate another pertinent industry classification for the article.
Financials
- €100 million – Milani's notable revenue milestone indicating its financial robustness and growth.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Montefiore Investment | Buyer | Company | Montefiore Investment is a private equity firm specializing in service companies and the acquiring entity in the transaction. |
| Milani | Target Company | Company | Milani is an Italian company specializing in the design, installation, and management of electromechanical systems, the target of the acquisition. |
| PwC | Vendor Financial Due Diligence | Company | PwC conducted the vendor financial due diligence for Milani with a specialized team. |
| Legance | Legal Advisor | Company | Legance provided legal advisory services for Milani in the transaction. |
| Studio VBM | Tax Due Diligence & Structuring | Company | Studio VBM handled the tax due diligence and structuring for Milani. |
| EY | ESG Due Diligence | Company | EY conducted the ESG due diligence on behalf of Montefiore Investment. |
| BIP | IT Due Diligence | Company | BIP executed the IT due diligence for Montefiore Investment. |
| Kearney | Commercial Due Diligence | Company | Kearney conducted the commercial due diligence with a dedicated team for Montefiore Investment. |
| Marsh | Insurance Due Diligence | Company | Marsh handled the insurance due diligence for Montefiore Investment. |
| DLA Piper | Legal Advisor | Company | DLA Piper provided legal advisory services for Montefiore Investment. |
| GPBL | Tax Due Diligence & Structuring | Company | GPBL specialized in tax due diligence and structuring for Montefiore Investment. |