Successful acquisition of ELTI, our first investment in an Italian company

We are pleased to see that Search Funds News and other specialized media have highlighted what is currently our latest acquisition: the acquisition of the Italian company ELTI through Visconti Capital, a Search Fund led by Carlo Luigi Fontana Giusti and Clemente di Napoli Rampolla.

“Established in 1997 and headquartered in Rome, ELTI has become a leader in buildings’ infrastructure-related certifications, offering a comprehensive range of services that include mandatory elevator inspections, electrical system verifications, certification of charging stations, automatic doors and gates, photovoltaic systems, and water quality testing. Since 2021, ELTI has expanded its operations to the United Kingdom. The company currently generates nearly €15M in annual revenue, with an EBITDA margin of approximately 40% over the past three years.”

“…the recurring and mandatory nature of ELTI’s business, an extremely widespread customer base across the country, its highly profitable model, and fragmented competition, provide a solid basis for programmatic M&A activities and the potential emergence of a national leader in this market niche.”

With this transaction, Arada Capital Partners SCR marks the first of many acquisitions in Italy. We congratulate Carlo and Clemente on this achievement and are eager to work alongside them in this new phase of value creation.

Full article: https://searchfundsnews.com/visconti-capital-acquires-elti-in-italy/