M&A Deal Summary

CDP Equity, The Blackstone Group and Macquarie Capital Acquire Autostrade per l Italia

On June 12, 2021, private equity firms CDP Equity, The Blackstone Group and Macquarie Capital acquired infrastructure company Autostrade per l Italia from Atlantia

Acquisition Highlights
  • This is CDP Equity’s 1st, The Blackstone Group’s 1st and Macquarie Capital’s 1st transaction in the Infrastructure sector.
  • This is CDP Equity’s 13th, The Blackstone Group’s 3rd and Macquarie Capital’s 1st transaction in Italy.

M&A Deal Summary
Date 2021-06-12
Target Autostrade per l Italia
Sector Infrastructure
Buyer(s) CDP Equity
The Blackstone Group
Macquarie Capital
Sellers(s) Atlantia
Deal Type Divestiture

Target

Autostrade per l Italia

Rome, Italy
Autostrade per l'Italia is a construction and management of toll road operators, managing more than 3,000 kilometres of toll roads. Autostrade per l'Italia was founded in 1950 and is based in Rome, Italy.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 3

Buyer

CDP Equity

Milan, Italy
Category Private Equity Firm
Founded 2011
PE ASSETS 3.4B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

CDP Equity is an Italian holding company and investment firm focused on acquiring stakes in large Italian companies. Sectors of interest include defense, food, insurance, communications, energy, infrastructure, public services, security, transportation, and leisure. CDP Equity is based in Milan.

DEAL STATS #
Overall 15 of 18
Sector (Infrastructure) 1 of 1
Type (Divestiture) 2 of 2
Country (Italy) 13 of 16
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-29 Euronext

Amsterdam, Netherlands

Euronext is a provider of a broad portfolio of products, services, and platforms that cover the full range of financial market services. Euronext provides listing, trading, market data, indices, clearing, settlement, and custody as well as the development and operation of high-end trading systems. Euronext is based in Amsterdam. Euronext was founded in 2000 and is based in Amsterdam, the Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-31 SIA

Milan, Italy

SIA engages in the design, creation, and management of technology infrastructures and services for Financial Institutions, Central Banks, Corporates, and the Public Sector, in the areas of payments, cards, network services, and capital markets. SIA Group provides its services in over 50 countries and also operates through its subsidiaries in Austria, Croatia, Czech Republic, Germany, Greece, Romania, Serbia, Slovakia, Hungary, and South Africa. SIA was founded in 1977 and is based in Milan, Italy.

Sell -
Buyer

The Blackstone Group

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1987
PE ASSETS 131.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York, New York.

DEAL STATS #
Overall 288 of 339
Sector (Infrastructure) 1 of 2
Type (Divestiture) 29 of 33
Country (Italy) 3 of 4
Year (2021) 13 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-11 TaskUs

New Braunfels, California, United States

TaskUs is a provider of outsourced digital services and next-generation customer experience to companies, helping its clients represent, protect and grow their brands. Leveraging a cloud-based infrastructure, TaskUs serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, HiTech, FinTech and HealthTech. TaskUs was founded in 2008 and is based in New Braunfels, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-14 Ellucian

Reston, Virginia, United States

Ellucian is a higher education technology solutions provider. Ellucian’s products help colleges and universities manage their core administrative functions including enrollment, budget and financial planning, student information, human resources, strategic planning, and fundraising. Ellucian was founded in 1968 and is based in Reston, Virginia.

Buy -
Buyer

Macquarie Capital

Investor Investor

Category Private Equity Firm
Size Mega
Type Sector Agnostic
DESCRIPTION

Macquarie Capital is the principal investing arm of financial services company Macquarie Group. Macquarie Capital has global capability in advisory, capital raising services, and provides clients with specialist expertise, advice and flexible capital solutions across a range of sectors and products including investing alongside partners and clients. Macquarie Capital is based in Sydney, Australia.

DEAL STATS #
Overall 23 of 29
Sector (Infrastructure) 1 of 1
Type (Divestiture) 3 of 4
Country (Italy) 1 of 1
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-20 Wavenet

Solihull, United Kingdom

Wavenet is a multi-award-winning provider of telecoms and technology solutions serving thousands of small and medium-sized businesses and enterprises across the United Kingdom (UK). Wavenet has built on a solid foundation for growth over the last five years, with a focus on future technologies and digital transformation that will drive the industry and its customers. The new partnership with Macquarie Capital will boost this growth potential, by providing both expertise and flexible growth capital. This will enable more investment in the people at Wavenet and provide a renewed focus on strategic acquisitions. Wavenet was formed in 2000 and is based in Solihull, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-08 Dovel

McLean, Virginia, United States

Dovel advances the missions of its customers in health IT, life sciences, and grants management through the integration of technology and domain expertise and delivers technology solutions for highly complex and data-driven environments. Dovel was founded in 2005 and is based in McLean, Virginia.

Sell -

Seller(S) 1

SELLER

Atlantia

Rome, Italy
Category Company
Founded 1950
Sector Infrastructure
Revenue 9.1B EUR (2020)
DESCRIPTION

Atlantia is an investment holding company through its subsidiaries, engages in the construction and operation of motorways, airports and transport infrastructure, parking areas, and intermodal systems worldwide. The company also offers mobility services in 25 countries and manages 13,000 km of toll motorway, Fiumicino, and Ciampino airports in Italy and the three airports of Nice, Cannes-Mandelieu, and Saint Tropez in France. Atlantia was formed in 1950 and is based in Rome, Italy.

DEAL STATS #
Overall 1 of 1
Sector (Infrastructure) 1 of 1
Type (Divestiture) 1 of 1
Country (Italy) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-29 Abertis

Barcelona, Spain

Abertis is involved in the management of toll roads, managing over 8,600 kilometers of high capacity and quality roads in 16 countries in Europe, the Americas, and Asia. The company is an operator of toll roads in countries such as Spain, Chile and Brazil, and also has a significant presence in France, Italy, Mexico, Puerto Rico and Argentina. Abertis is based in Barcelona and Madrid.

Buy -
Mergr

Product

Company

Legal