M&A Deal Summary

iCON Infrastructure Acquires Ecoeridania

On June 4, 2018, infrastructure investor iCON Infrastructure acquired business services company Ecoeridania from Xenon Private Equity

Acquisition Highlights
  • This is iCON Infrastructure’s 2nd transaction in the Business Services sector.
  • This is iCON Infrastructure’s 2nd transaction in Italy.

M&A Deal Summary

Date 2018-06-04
Target Ecoeridania
Sector Business Services
Buyer(s) iCON Infrastructure
Sellers(s) Xenon Private Equity
Deal Type Secondary Buyout

Target

Ecoeridania

Arenzano, Italy
Ecoeridania is a service company and consultancy in the environmental sector. Ecoeridania was founded in 1988 and is based in Arenzano, Italy.

Search 214,239 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

iCON Infrastructure

Investor Investor Investor Investor Investor


Category Infrastructure
Founded 2004
PE ASSETS 8.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

iCON Infrastructure is an independent private equity firm focused on investing in infrastructure assets throughout Europe and North America. iCON targets mid-market opportunities covering transportation, utilities, communications, energy, and environmental. iCON Infrastructure was founded in 2004 and is based in London, England.


DEAL STATS #
Overall 15 of 32
Sector: Business Services M&A 2 of 2
Type: Secondary Buyout M&A Deals 2 of 4
Country: Italy M&A 2 of 5
Year: 2018 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-09 Oslofjord Varme

Sandvika, Norway

Oslofjord Varme is a heat production and district heat and cooling businesses. Its heat production capacity consists mainly of heat pumps and business-to-business heat plants with a combined capacity of 210 MW, which together deliver district heat and district cooling to customers in the Greater Oslo and Akershus areas. Oslofjord Varme is based in Sandvika, Norway.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-12 Eco Eridania

Arenzano, Italy

Eco Eridania is an integrated waste collection, transportation, treatment and disposal business. Eco Eridania is based in Arenzano, Italy.

Buy -

Seller(S) 1

SELLER

Xenon Private Equity

Luxembourg, Luxembourg

Category Private Equity Firm
PE ASSETS 184M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Xenon Private Equity is a private equity group focused on investing in lower/mid-market Italian companies. Xenon looks for businesses in need of operational improvement, strategic redirection, management help, or potential to achieve scale through add-ons or manufacturing relocation. Areas of interest include B2B component and system manufacturing, outsourced industrial services, healthcare products, non-asset based logistics, consumer products, business services, and technology. The Firm seeks to invest up to €40 million in transactions valued from €20 to €100 million. Xenon is based in Luxembourg.


DEAL STATS #
Overall 2 of 6
Sector: Business Services M&A 1 of 1
Type: Secondary Buyout M&A Deals 2 of 6
Country: Italy M&A 2 of 6
Year: 2018 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-17 Surfaces Group

Cenate Sotto, Italy

Surfaces Group is a global developer and manufacturer of value-add abrasive tools and other consumables sold to manufacturers of high-end ceramic, engineered stone, glass and niche mechanical applications. The company offers a complete set of tools and abrasives for post-production value-add operations, including lapping, polishing, coating, cutting and squaring. Surfaces Group is based in Cenate Sotto, Italy.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-28 EMS Group

Montecchio Emilia, Italy

EMS Group designs and produces complete lines for palletizing, depalletizing, packaging and handling for the food, beverage, glass and can-making industry. EMS Group was founded in 2018 and is based in Montecchio Emilia, Italy.

Buy -