Orion Acquires IA.Ing in Environmental Engineering Expansion
Deal News | Dec 05, 2024 | Legal Community Italy
The article covers the acquisition of IA.Ing by Orion, a company engaged in environmental engineering and controlled by the specialized investment fund, Xenon Fidec. This strategic acquisition in the environmental, energy, and water engineering sectors by Orion is financially supported by Anthilia Capital Partners through their Bit IV and Must funds. Legal advisory for Xenon Fidec was provided by the law firm Lca, with a team led by Benedetto Lonato and Virginia Cella for M&A matters. The sellers were counseled by Rplt Rp Legalitax, represented by a team including Alessio Totaro and Sabrina Straneo. Additionally, financial advisory services were offered by Ethica Debt Advisory. The article also notes Advant Nctm as the legal advisor for Anthilia, steered by Giovanni de Capitani di Vimercate.
Sectors
- Environmental Engineering
- Private Equity
- Legal Services
Geography
- Italy – The companies and legal advisors involved are based in Italy, highlighting its local significance.
Industry
- Environmental Engineering – The acquisition involves companies specializing in environmental, energy, and water engineering sectors.
- Private Equity – The transaction is managed by Xenon Fidec, a private equity firm, indicating a significant role of private equity in the deal.
- Legal Services – Law firms Lca, Rplt Rp Legalitax, and Advant Nctm are heavily involved as advisors in the acquisition process.
Financials
- Not provided – Financial figures related to the acquisition are not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Orion | Acquirer | Company | An entity active in the environmental engineering sector, controlled by Xenon Fidec. |
| IA.Ing | Target Company | Company | A specialized company in environmental, energy, and water engineering. |
| Xenon Fidec | Private Equity Firm | Company | The private equity firm controlling Orion, backing the acquisition. |
| Anthilia Capital Partners | Financial Backer | Company | Acted as the financial provider for the acquisition through Bit IV and Must funds. |
| Lca Studio Legale | Legal Advisor to Xenon Fidec | Company | Provided legal advisory to Xenon Fidec in M&A and financial aspects. |
| Rplt Rp Legalitax | Legal Advisor to Sellers | Company | Assisted the sellers with legal advisories. |
| Advant Nctm | Legal Advisor to Anthilia | Company | Offered legal advisory services to Anthilia during the acquisition. |
| Ethica Debt Advisory | Financial Advisor | Company | Provided financial advisory services for the transaction. |