Ethica Group, through its M&A Advisory team, advised Teco, a leading Italian provider of Health, Safety and Environment (“HSE”) consulting services, in establishing a partnership with Sienna Private Equity, a European private equity fund focused on the mid-market.
Founded in 1995, Teco is now a trusted partner for companies across Italy, specializing in HSE services including occupational medicine, workplace safety, training, and environmental consulting. With over 80 professionals, Teco delivers integrated solutions to a wide range of clients nationwide. Since 2006, through its subsidiary Mete, Teco has further developed its occupational medicine business, which now operates throughout Italy thanks to cutting-edge software solutions and a well-established network of medical professionals. Over the years, leveraging the expertise of a professional and stable management team and qualified internal resources, Teco has also pursued an add-on strategy, completing several acquisitions aimed at further strengthening its national presence.
With the support of SPE, Teco will be able to accelerate its growth path, both organically and through strategic acquisitions, with the ambition of building Italy’s leading integrated HSE platform.
The transaction establishes a strategic partnership with founder and CEO Ivano Poggi, who will retain a significant stake and continue to lead the company alongside the management team.
As part of the transaction, Teco was advised on financial matters by Ethica Group’s M&A Advisory team, composed of Stefano Pastore, Manfredi Bini Smaghi and Sara Stefanelli.
