M&A Deal Summary

Wise Equity Acquires Absolute Yachts

On June 25, 2024, private equity firm Wise Equity acquired marine company Absolute Yachts

Acquisition Highlights
  • This is Wise Equity’s 2nd transaction in the Marine sector.
  • This is Wise Equity’s 41st transaction in Italy.

M&A Deal Summary

Date 2024-06-25
Target Absolute Yachts
Sector Marine
Buyer(s) Wise Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

Absolute Yachts

Podenzano, Italy
Absolute Yachts is a manufacturer of luxury yachts from 47 to 75 feet, in the Navetta, Flybridge and Coupe segments. By designing innovative and reliable boats made to be experienced at the highest level, the company has created new reference standards for the entire yachting industry and has been able to gain a role within the global nautical industry. All stages of product study, design and manufacture are completely in-house, and the customer relationship is supported by an effective dealer network. Absolute Yachts was founded in 2002 and is based in Podenzano, Italy.

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Buyer(S) 1

Buyer

Wise Equity

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 1.3B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Wise SGR is a private equity investment firm that seeks middle-market buyout and growth capital investments primarily in Italy. Wise looks to invest €5 to €25 million in companies valued up to €75 million. Wise is a generlist investor and will consider opportunities in a variety of sectors, however the Firm has a preference for companies operating in capital equipment, manufacturing, and services. Wise SGR was formed in 2000 and is based in Milan.


DEAL STATS #
Overall 42 of 42
Sector (Marine) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 31 of 31
Country (Italy) 41 of 41
Year (2024) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-01 Serbios

Badia Polesine, Italy

Serbios is specializing in the development and production of organic farming products, including bioinsecticides, fungicides, organic fertilizers, and traps, aimed at naturally combating plant parasites and diseases in agriculture, known for its focus on environmentally friendly solutions for pest management within the organic farming sector. Serbios was founded in 1991 and is based in Badia Polesine, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-26 Corob

Modena, Italy

Corob is a provider of advanced tinting equipment to the paints and coatings industry. The Group supplies applications in the paint and coatings, inks, and chemical industries, as well as providing the related after-sales services on a global scale, thanks to a capillary organization dedicated to management and maintenance. Corob was founded in 1984 and is based in Modena, Italy.

Sell €260M