Xenon: Acquisition of Azeta and Elettrolinee Finalized
Deal News | Mar 13, 2025 | Finance Community IT - 3 Private Equity
Xenon Private Equity has successfully acquired the majority of Azeta and Elettrolinee, both key players in the installation and maintenance of medium and low-voltage electricity networks. This strategic acquisition aims to create a specialized infrastructure hub that can manage the entire process from design to execution amidst increasing demand for modernization, not only of electric grids but also of water infrastructure in Northern Italy. Assisted by PwC as financial debt advisor, the transaction highlights the growing focus on infrastructure investment and development within the region.
Sectors
- Private Equity
- Infrastructure
Geography
- Italy – The acquisition and subsequent infrastructure development focus on Northern Italy, indicating localized economic and industrial activity.
Industry
- Private Equity – The article focuses on Xenon Private Equity's acquisition, representing growth strategies typical within the private equity sector.
- Infrastructure – Azeta and Elettrolinee operate in infrastructure, particularly in electricity and water networks in Northern Italy, which is central to the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Xenon Private Equity | Bidding Company | Company | A private equity firm focused on strategic acquisitions in the infrastructure sector. |
| Azeta | Target Company | Company | A company active in the installation and maintenance of medium and low-voltage electricity networks. |
| Elettrolinee | Target Company | Company | Similar to Azeta, involved in electricity infrastructure installation and maintenance. |
| PwC | Financial Debt Advisor | Company | Assisted Xenon Private Equity with the financial aspects of the acquisition. |
| PwC TLS | Tax Advisor | Company | Handled tax-related matters for the acquisition. |