1. Home >
  2. M&A >
  3. Divestiture >
  4. Italy >
  5. Palella Holdings Acquires Wash Out

M&A Deal Summary

Palella Holdings Acquires Wash Out

On February 5, 2025, family office Palella Holdings acquired consumer services company Wash Out from Telepass

Acquisition Highlights
  • This is Palella Holdings’ 1st transaction in the Consumer Services sector.
  • This is Palella Holdings’ 1st transaction in Italy.

M&A Deal Summary
Date 2025-02-05
Target Wash Out
Sector Consumer Services
Buyer(s) Palella Holdings
Sellers(s) Telepass
Deal Type Divestiture

Target

Wash Out

Milan, Italy
Wash Out specializes in the comprehensive care and management of vehicles for both private individuals and businesses, leveraging digital platforms. Wash Out was founded in 2016 and is based in Milan, Italy.

Search 214,107 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

Palella Holdings

Investor Investor Investor

Category Family Office
Founded 2024
Size Small
Type Sector Agnostic
DESCRIPTION

Palella Holdings is the personal investment vehicle of serial entrepreneur Salvatore Palella, focused on technology, transportation, and micromobility ventures. Palella Holdings was formed in 2024 and is based in New York, New York.

DEAL STATS #
Overall 1 of 1
Sector: Consumer Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

Telepass

Roma, Italy
Category Company
Founded 2008
Sector Business Services
DESCRIPTION

Telepass is a provider of electronic tolling services. Telepass was founded in 2008 and is based in Roma, Italy.

DEAL STATS #
Overall 1 of 1
Sector: Consumer Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2025 M&A 1 of 1
Mergr

Solution for

Product

Company

Legal