Sefo Expands Portfolio with Racetech Acquisition
Deal News | May 21, 2025 | Finance Community IT - 3 Private Equity
Sefo, a company known for producing high-end motorcycle components and accessories, has acquired Racetech, an off-road motorcycle accessory manufacturer. Sefo, owned by Metrika since 2022, aims to broaden its product portfolio and strengthen its market position through this acquisition. The deal, closed on May 8th, is part of a larger strategy to grow and consolidate within the aftermarket segment, with Racetech's founder Cristian Mittone playing a significant role in both companies. Banco BPM facilitated the transaction as the mandated lead arranger and agent bank, with legal advisory provided by Chiomenti, while Mittone and Sefo were assisted by various legal and strategic consultants. Racetech, founded by Mittone and based in Premariacco, is known for its expansive catalog of plastic, aluminum, and rubber accessories for off-road motorcycles. Sefo's acquisition of Racetech is expected to enhance its product offering and promote synergies, aiming at product portfolio expansion, national and international distribution, and customer service enhancement.
Sectors
- Automotive and Motorcycle Accessories Manufacturing
- Private Equity
- Aftermarket Industry
Geography
- Italy – Sefo and Racetech are Italian companies, and the acquisition involves Italian legal and financial advisors, indicating a geographic focus on Italy.
Industry
- Automotive and Motorcycle Accessories Manufacturing – The article focuses on companies involved in the production of high-end components and accessories for motorcycles, indicating a strong presence in this industry.
- Private Equity – Sefo is controlled by the private equity firm Metrika, and the acquisition of Racetech is part of a strategic growth plan involving private equity financing.
- Aftermarket Industry – Both Sefo and Racetech operate in the aftermarket segment, supplying compatible accessories for motorcycles and expressing plans to enhance offerings in this sector.
Financials
- Not specified – The financial terms of the acquisition between Sefo and Racetech have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sefo | Acquiring Company | Company | A company involved in the production and sale of high-end motorcycle components and accessories, owned by Metrika. |
| Racetech | Target Company | Company | A manufacturer specializing in off-road motorcycle accessories, known for its extensive product catalog. |
| Metrika | Private Equity Owner | Company | A private equity firm that has owned Sefo since 2022. |
| Cristian Mittone | Founder and Key Participant | Person | Founder of Racetech and a key participant in the post-acquisition structure of Sefo. |
| Banco BPM | Financial Advisor | Company | Acted as mandated lead arranger and agent bank for the transaction, providing financial support. |
| Chiomenti | Legal Advisor | Company | Provided legal advisory services to Banco BPM during the transaction. |