Comunicati Stampa / New Deal Advisors supports Algebris in the acquisition of IDEA through the Aquanexa

19/06/2024

New Deal Advisors supports Algebris in the acquisition of IDEA through the Aquanexa

Milan, June 19 2024 – New Deal Advisors, an independent firm specializing in advisory services to M&A Transactions, has supported Algebris Investments (through its private equity fund dedicated to sustainable investments Algebris Green Transition Fund and through Aquanexa, the advanced integrated solutions platform for the future of the water industry) in the acquisition of 60% of IDEA S.r.l.

IDEA, founded in Milan in 1996, is a company that provides turnkey implementation of data management and monitoring systems for water assets and networks. The company can boast the installation of major remote control systems for the water service in Italy and offers solutions in the field of digital and hardware solutions for measuring operational and management performance, maintenance of installed systems and software, and IoT integration. IDEA can count on a team of 40 professionals and in 2023 generated revenues of around EUR 32 million with a reported EBITDA of around EUR 3.2 million. The investment in IDEA, just a few months after the acquisition of Datek22, represents a further step in the growth path of the Aquanexa project, which, through partnerships with selected companies, intends to present itself to its customers as a ‘one-stop shop’ for the entire range of services required for the management, innovation and digitalization of water networks.

New Deal Advisors with a team led by Lorenzo Lavini (partner), has provided buy side Financial Due Diligence services to Algebris Investments.

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New Deal Advisors

New Deal Advisors is an independent firm specialising in advisory services in M&A. Established in 2012, New Deal Advisors provides support in a broad variety of extraordinary transactions streams including mergers and acquisitions, restructuring, transformation processes, forensic and litigation activities, fairness opinions and valuation services. New Deal Advisors has worked for more than a decade alongside private equity funds, investment holdings, family offices, financial institutions and strategic players achieving to date the finalisation of over 200 deals.

We have been working with New Deal Advisors for many years and for us they have become a reference partner in our investment processes. They are extremely competent and flexible professionals with a very pragmatic and always in-depth analysis approach. A senior team that has been able to gain esteem and confidence even from its counterparts by being appreciated for its ability to bring real added value even in the post deal.

PFH – Nicola Iorio, Nadia Buttignol e Massimiliano Mattietti

The extreme professionalism and availability, the immediate understanding of the customer’s needs and practice, the experience in detecting and determining damages, the clarity and completeness of the prepared technical report: these are the elements that have characterized the team’s work of New Deal Advisors which has assisted us in a dispute initiated by one of our clients for the unlawful suspension of contracts in public procurement.

Avv. Matteo Padellaro socio Gianni Origoni Grippo Cappelli & Partners

With New Deal Advisors we have collaborated in identifying and representing criminally relevant elements before the Public Prosecutor’s Office following the investigations conducted by them; their experience in this field, the solid technical preparation and the ability to put it at the service of the client and the lawyers have proved to be fundamental for the concrete pursuit of the results expected by the client at the beginning of the project.

Avv. Gildo Ursini socio Studio Ursini

We used the help of New Deal Advisors as part of our portfolio monitoring activities through IBR, financial review, forensic services and we found a great skill, innovation and originality in strategies and actions and added value of the analyzes produced.

Elena Lodola Head of Leveraged Finance Capital Markets Italy, BNP Paribas.

In 2017, we realized a strategic and structuring external growth operation in Italy, initiated by our participation ORCA, with the take-over of FAIT PLAST, European leading manufacturer of technical thermoplastic films. During this operation, we really enjoyed working with New Deal Advisors who has demonstrated its ability to find and analyse key financial information and deliver a very good DD report in a short timeframe.

idi - Augustin Harrel-Courtès Senior Associate

The team’s skills stretch far beyond usual professional competence, enabling them to extract reliable data even in challenging environments, simplifying highly complex analyses and providing sound and reliable support to sensitive decision making, in the context of a constructive and positive spirit.

ANDERA – Luca Maria Ravano / Massimo Massari Partners

I worked with New Deal Advisors in a project that involved the evaluation of an intangible asset in the presence of different elements of damage. Andrea was very attentive to the needs of the end customer, both in terms of budget and delivery time of the evaluation report. The final product was excellent with wide customer satisfaction having been followed its indications and identified original technical solutions to obtain the expected final result.

Avv. Vincenzo D'Ambra socio Studio Nunziante Magrone

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