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 39th 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 Coupé 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 leading 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 formed in 2002 and is based in Podenzano, Italy.

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Buyer(S) 1

Buyer

Wise Equity

Investor 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 41 of 41
Sector (Marine) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 31 of 31
Country (Italy) 39 of 39
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-16 Casa della Piada

Modena, Italy

Casa della Piada engages in the production of piadine and tigelle, much appreciated both in Italy and abroad. Casa della Piada is recognized for its high-quality products and for being always focused on healthy and organic foods. Casa della Piada was founded in 1974 and is based in Modena, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-27 Innovery

Roma, Italy

Innovery is an international system integrator that offers extremely diversified services to its clients within the ICT space: its activities focus on system integration and new solutions design and implementation where technological complexity is high. Innovery was formed in 2001 and is based in Roma, Italy.

Sell -
Mergr

Product

Company

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