Announced
Financials
Tags
Private
Majority
Domestic
Acquisition
Management Consulting
Private Equity
Pending
Single Bidder
management consulting
Italy
Merger
Friendly
Synopsis
Xenon Private Equity-backed Community, a provider of communications and reputation management services, and Cattaneo Zanetto, a provider of government affairs services, agreed to form Excellera Advisory Group, an Italian consulting group. Financial terms were not disclosed. “In over twenty years of life, Community has always stood out for being a pioneer in the sector, and this has allowed us to achieve the leadership in Italy in communications and reputation management. With this deal we bring to Italy a model that will provide us with the financial and industrial support to keep on growing and to acquire other firms domestically and abroad. With Cattaneo Zanetto & Co., whose founding values of independence, transparency and professional ethics we share, we bring to life a true national champion able of interpreting the Clients’ needs, offering strategic vision and operational support in the relationship with all the key stakeholders in the market," Auro Palomba, Community CEO.
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