Acea Group, through its subsidiary a.Quantum, is set to acquire water management company Aquanexa from Algebris for €205 million, enhancing its capabilities in smart water cycle solutions.

Information on the Target

Ace Group, through its subsidiary a.Quantum, has made a binding offer to acquire Aquanexa, a company specializing in integrated smart water cycle management solutions. Aquanexa utilizes advanced digital technologies and sensors to provide operational services tailored for utilities, public entities, and corporate clients. The total estimated enterprise value of the deal is €205 million, which includes both fixed and variable components tied to future earnings growth.

The acquisition is intended to enhance Acea Group's portfolio and service offerings in the water management sector and is anticipated to be finalized by the first quarter of 2026, pending necessary anti-trust approvals and the conclusion of definitive agreements.

Industry Overview in Italy

The water management sector in Italy is undergoing a significant transformation, driven by the need for sustainable practices and the integration of digital solutions. W

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Acea Group

invested in

Aquanexa

in 2025

in a Buyout deal

Disclosed details

Transaction Size: $215M

EBITDA: $29M

Enterprise Value: $215M


Multiples

EV/EBITDA: 7.3x

Deal Parameters
Industry
Country
Seller type

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