PAI Partners to acquire Orion from Xenon Private Equity.

PAI Partners, a private equity firm, agreed to acquire Orion, an Italian provider of environmental monitoring services, from Xenon Private Equity, a private equity firm. Financial terms were not disclosed. “We are delighted to have chosen PAI to support our ambition to develop a stronger international presence for Orion. This effort, which I initiated a decade ago, is something we now wish to revitalise in a structured manner, to replicate Orion’s unique multi-specialist business model,” Stefano Solmi, Orion General Manager.