Ethica Group is expanding its business with a new division. The new division, led by Roberto Segantin, will be called Ethica NextInfra Advisory and will be specialized in M&A and Debt Advisory services for the mid-cap infrastructure sector in Italy.
Ethica NextInfra Advisory will assist its clients in their investments in the following areas: i) Energy Transition – decarbonization projects in electricity generation, biomethane, and energy efficiency, ii) Circular Economy – waste collection, recycling, and treatment, iii) Digital Transition – telecommunications infrastructure, connectivity, and data management, iv) Social Infrastructure – hospitals, pharmacies, and infrastructure supporting social services, v) Transport and Mobility – logistics for people and goods with the goal of reducing emissions.
Roberto Segantin joined Ethica Group as Partner of Ethica Advisory and was appointed CEO of Ethica NextInfra Advisory in 2025. He boasts extensive experience in M&A and Investment Banking, with a focus on energy transition, transportation, digital, and social infrastructure. Before joining Ethica, he held senior positions at Santander Corporate & Investment Banking in Italy, serving as Managing Director, responsible for M&A activities and coverage of private equity funds, leading high-profile transactions at both national and international levels. He also gained experience at Société Générale, Banca IMI, and Accenture, working on complex financial transactions and strategic advisory. The new appointed CEO commented, “The energy transition, digitalization and development of sustainable infrastructures are central challenges for the future of the country and our role will be to support investors and operators with innovative and tailor-made advisory solutions”.
The new company has already started transactions in the logistics, energy efficiency and vehicle charging sectors and will be structured with a team of 10 professionals. «Our strategy will be modular – explains Segantin – and the ambition is to grow NextInfra Advisory to reach a significant share in terms of revenues and people within Ethica Group, which closed 2024 with a turnover of 20 million. we think there is room for a company like ours to serve the inorganic growth of mid-caps and to provide added value to the initiatives of the private equity world”.
“We are convinced that specialization represents one of the main catalysts for advisory activity in the coming years and we have identified the energy and digital transition, as well as the infrastructure sector, as areas with high potential, also in light of the huge investments needed for the modernization of the country”, says Rinallo, CEO of Ethica Advisory.
