Announced
Completed
Synopsis
Arcus Infrastructure Partners, a private equity firm based in UK, completed the acquisition of 51% stake in Powering, a company active in Italy in the rental of electric generators. Financial terms were not disclosed. “Partnering with Arcus marks a key milestone in Powering’s journey. Building this business from the ground up has been an incredible experience, and I am excited to work alongside an experienced institutional partner who shares our vision for growth and has the infrastructure expertise to help us take the company to the next level,” Piero Giancano, Powering founder and CEO.
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