Wisequity V fund acquires a majority stake in AlmaCrawler
In just nine years since it was founded in 2013, AlmaCrawler has become a benchmark in the aerial platform and materials handling industry, providing solutions and innovative technology on a global scale and to a wide range of customers.
AlmaCrawler, founded by Andrea Artoni and Pietro Agosta Del Forte, is recognised as one of the most innovative companies in the sector, present worldwide through a consolidated network of partners and with two direct subsidiaries in Australia – Almac Pacific, and the UK – Almac Atlantic.
Today, the company’s goal is to expand the product range and technological offering – with complementary new products – and strengthen the management structure to offer the highest standard of quality in the industry.
With this vital growth objective in mind, Wise Equity – the management company of the Wisequity V fund that has acquired a majority stake – takes a controlling stake into the capital of AlmaCrawler, with Andrea Artoni staying on as company CEO.
Andrea Artoni, founder and CEO, said: ‘Thanks to a deep knowledge of the market, a growth strategy focused on product quality and innovation, and the strength of a young team with exceptional qualities, our group has achieved important results in just a few years. Now is the time to consolidate what has been achieved so far, strengthen the management structure and accelerate growth by evaluating opportunities for future acquisitions. For this reason, we have joined forces with Wise Equity. This partner has already realised many successful aggregation projects in various sectors, enabling the companies involved to achieve important growth targets’.
Luigi Vagnozzi, a partner at Wise Equity, who oversaw the transaction with Ilaria Montefusco, Investment Manager, said:
“We are thrilled to begin this journey with Almac, an example of a small Italian ‘pocket-sized’ multinational company that, by focusing on innovation, has been able to establish itself in just a few years as one of the most interesting players in a global market that sees the presence of major groups. Almac and its management team are the ideal base to start a consolidation project in this sector”.