Deal Details
21 Investimenti and Overseas Industries Sells Nadella to ICG
Summary
21 Investimenti SGR S.p.a. (“21 Investimenti”), Overseas Industries S.p.a. (“Overseas Industries”) and certain members of the management team of Nadella S.r.l (“Nadella) have completed the sale of Nadella to Intermediate Capital Group PLC (“ICG”) (LSE:ICP). Terms of the transaction were not disclosed.
Baird served as exclusive financial advisor to 21 Investimenti, Overseas Industries and Nadella’s management on this transaction.
About
21 Investimenti is the Italian subsidiary of 21 Partners, a private equity firm, which was founded in 1992 by Alessandro Benetton to invest in mid-market companies and make them grow. 21 Investimenti currently has more than 50 employees and has raised over €1.5 billion in capital. 21 Partners is based in Treviso, Italy with additional offices in Milan, Paris and Warsaw.Overseas Industries is a private equity and venture capital firm specialising in buyout and turnaround investments in small to medium sized companies. Overseas Industries focuses on investments in Italy, Switzerland, Benelux, Scandinavia and the United States. Overseas Industries is based in Milan, Italy.
Nadella, is a market leader in precision linear and rotational motion control solutions with products such as linear guides, rod ends and needle bearings. Nadella’s comprehensive solutions portfolio is associated with leading quality, reliability and innovation and is used in a broad range of industrial end-markets such as packaging machinery, automation, transportation and medical industries. Nadella has facilities in Italy, Germany, China and the United States and currently employs around 210 people. Nadella is headquartered in Milan, Italy.
ICG is a global alternative asset manager with €27.4bn under management across several strategies and a range of global funds that invest in a mixture of debt and equity. ICG is headquartered in London, the United Kingdom and operates 13 offices globally.
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- Date
- June 2018
- Company
- Nadella S.r.l.
- Transaction
- M&A - Sellside
- Sectors
- Industrial
- Verticals
-
Flow, Motion and Power Technologies
- Target Geography
- Europe
- Acquiror Geography
- Europe
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