FVS S.g.r. has sold its stake in the IQT Group to Accenture, marking its first divestment from the "Fondo Sviluppo PMI 2" and consolidating IQT’s position in Italy's engineering sector.

Target Information

FVS S.g.r. S.p.A., a regional private equity operator controlled by Veneto Sviluppo S.p.A., has successfully completed its first divestment from the "Fondo Sviluppo PMI 2" by selling the entire stake in the IQT Group to Accenture. This transaction involved the transfer of the total capital held by FVS S.g.r. and IQT Consulting's longstanding shareholders.

The IQT Group, based in Rodigo, Italy, is a leading provider of engineering services for large infrastructure projects, comprising over 450 consultants and engineers. The group includes four companies: IQT Consulting S.p.A., specializing in engineering and architecture services for telecommunication, water, energy, and gas networks; TFE Ingegneria S.r.l., focusing on MEP engineering; HMR Group, which specializes in hydraulic design and water management; and IQT IN Private Limited, the group's first international operation targeting Southeast Asian markets.

Industry Overview in Italy

The engineering services sector in Italy has experienced significant growth, largely driven by an increasing demand for complex infrastructure projects. The evolving lan