M&A Deal Summary

Wise Equity Acquires Innovery

On June 6, 2019, private equity firm Wise Equity acquired information technology company Innovery

Acquisition Highlights
  • This is Wise Equity’s 2nd transaction in the Information Technology sector.
  • This is Wise Equity’s 29th transaction in Italy.

M&A Deal Summary

Date 2019-06-06
Target Innovery
Sector Information Technology
Buyer(s) Wise Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

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.

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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 30 of 41
Sector (Information Technology) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 26 of 31
Country (Italy) 29 of 39
Year (2019) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-28 TRIME

Milan, Italy

TRIME is a provider in the design and production of lighting towers for the rental market. TRIME premises cover an area of 20000 sqm. Design, metalwork, powder coating, mechanical and electric assembly and final testing are done here. TRIME is based in Milan, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-11 Waycap

Mirano, Italy

Waycap is a provider in the design and manufacture of fashion accessories such as hats, bags & bag components, scarfs, and gloves, based in Mirano, Italy.

Buy -