Fausto Rinallo
Ethica Group
Regas
Deal Type
Company sale
Sector
Energy & Sustainability
Completion Date
21st December 2021
Deal Value
Not disclosed
Company Background
Established in 1998, Regas is active in design and management of decompression plants, measurement stations and specific equipment for regulating and monitoring gas injected into the network, as well as a leader in Italy in gas odorization services; Regas will close 2021 with a turnover of approximately €25 million and an EBITDA of 30%.Leader in Italy in gas odorization services.
Deal Summary
Ethica Group assisted Regas, leader in Italy in gas odorization services, in the sale of the majority stake to Credem Private Equity.
Credem Private Equity, has completed the acquisition of 70% of Regas through the three Elite funds, Credem Venture Capital II and EltifPlus; Regas is the first investment of the EltifPlus Fund, launched last March and the third operation carried out by the company since the launch of the Elite and Credem Venture Capital II funds.
Ethica Group acted as Regas M&A advisor with the Ethica Corporate Finance team, while the Debt Advisory team acted as debt structuring advisor.
