RCM Energy: Leading the Solar Transition with EOS IM's Investment
Deal News | Jul 07, 2025 | Finance Community IT - 1 Corporate M&A

EOS Investment Management Group (EOS IM), a prominent independent asset manager focusing on sustainable investments and energy transition, has acquired a majority stake in the Italian company RCM Energy. This strategic deal was facilitated through EOS Next Transition Fund II, marking its first investment after securing a closing of 80 million euros in February. RCM Energy, based in Villafalletto, Cuneo, specializes in designing and manufacturing metal structures and solar trackers for photovoltaic plants. Over the last three years, RCM has seen annual revenue growth exceeding 50%, and its operating margin is projected to surpass 25% in 2024. The investment aims to help RCM expand its internal organization, service range, and digital integration to better align with the evolving energy market demands. The transaction underscores EOS IM's strategy to nurture high-potential Italian SMEs focused on energy transition, circular economy, and sustainable agriculture. A team of advisors, including EY-Parthenon, PwC, and Gianni & Origoni, supported the deal. Insights from EOS IM's leaders, Ciro Mongillo and Giovanni Galasso, highlight the significance of the investment in strengthening the renewable energy supply chain and advancing RCM's capability to provide integrated, tech-enhanced solutions.
Sectors
- Sustainable Investments
- Renewable Energy
- Corporate Finance
Geography
- Italy – RCM Energy is based in Italy, and the transaction involves Italian companies and legal frameworks.
- Europe – The investment contributes to the broader European energy transition and renewable energy targets.
Industry
- Sustainable Investments – The acquisition involves investments aimed at energy transition and sustainability, which aligns with EOS IM's strategic focus.
- Renewable Energy – RCM Energy operates in the design and production of solar technology, a key sector within renewable energy.
- Corporate Finance – The article discusses a majority stake acquisition involving financial and legal advisory, standard elements in corporate finance transactions.
Financials
- 80 million euros – First closing of the EOS Next Transition Fund II, which facilitated the acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| EOS Investment Management Group (EOS IM) | Acquirer | Company | An independent asset manager focusing on sustainable investments and energy transition. |
| RCM Energy | Target Company | Company | Italian company active in solar technology and metal structures for photovoltaic systems. |
| EY-Parthenon | Commercial and Business Advisor | Company | Provided commercial and business advisory services for the transaction. |
| PwC | Financial Advisor | Company | Provided financial advisory services for the transaction. |
| Gianni & Origoni | Legal Advisor | Company | Acted as the legal advisor in the acquisition. |
| Triadi and Avvera | Sustainability and Governance Advisor | Company | Supported the due diligence processes related to sustainability and governance. |