Nextalia Acquires Majority Stake in Westrafo
Deal News | May 19, 2025 | Finance Community IT - 3 Private Equity
Nextalia Private Equity has secured a binding agreement to acquire a majority stake in Westrafo, a company specializing in transformer design and manufacturing for energy sectors poised for growth, such as renewable energy, energy storage systems, and datacenters. The transaction aims to bolster Westrafo's leadership within its industry by supporting international expansion plans, capital investments, and potential strategic acquisitions. Nextalia was advised by an extensive team that included Mediobanca as financial advisor, Gatti Pavesi Bianchi Ludovici as legal advisor, among others. Westrafo's sellers, the Cracco family, will retain a significant minority stake, with Alberto Cracco continuing as CEO. The acquisition aligns with Nextalia's strategy to invest in high-potential Italian enterprises, anticipated to enhance Westrafo's competitive positioning globally, aligning with sustainability goals.
Sectors
- Energy
- Private Equity
- Manufacturing
Geography
- Italy – Both Nextalia and Westrafo are based in Italy, underscoring the significant geographical context for the acquisition transaction.
- Global – Westrafo provides services to over 20 countries, emphasizing the company's international market presence.
Industry
- Energy – Westrafo operates in the energy sector, particularly focusing on renewable energies, energy storage, and data centers which are pivotal areas experiencing growth due to decarbonization and digitalization trends.
- Private Equity – Nextalia’s involvement in acquiring Westrafo highlights the article's connection to the private equity industry, showing the role of investment managers in facilitating growth and strategic direction within industries.
- Manufacturing – Westrafo is involved in the manufacturing of transformers, essential components in energy systems, placing it within the manufacturing sector.
Financials
- 100 million euros – Westrafo's year-to-date revenue, highlighting its financial scale and market position.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nextalia | Acquiring Company | Company | A private equity firm responsible for the acquisition of Westrafo's majority stake. |
| Westrafo | Target Company | Company | An energy-focused company specializing in the design and production of transformers. |
| Cracco Family | Selling Company | People | The family that founded and developed Westrafo, retaining a significant minority stake post-acquisition. |
| Mediobanca | Financial Advisor | Company | Provided financial advisory services to Nextalia in the acquisition process. |
| Gatti Pavesi Bianchi Ludovici | Legal Advisor | Company | Acted as the legal advisor for Nextalia. |
| Essentia | Debt Advisor | Company | Provided debt advisory services during the transaction. |
| Kearney | Commercial Due Diligence | Company | Conducted the commercial due diligence for the acquisition. |
| Deloitte | Tax Due Diligence | Company | Carried out the fiscal due diligence for the transaction. |
| Adacta Advisory | Financial Advisor to Westrafo | Company | Provided financial advisory services to Westrafo during the transaction. |