Service provider for information and communication technology as well as for construction and maintenance on the energy infrastructure market
The companies are service provider for information and communication technology as well as for construction and maintenance on the energy infrastructure market
EXI is a market leader in mobile telecommunication services, actively serving all major telecom operators in Italy. The focus of activities is currently on the expansion and maintenance of 4G networks and will shift accordingly in the future with the imminent nationwide rollout of 5G networks in Italy. The company’s capabilities and competencies range from network operations and design to network rollout, project management and governance. EXI also plays a significant role in the Italian market as a systems integrator of larg technology companies.
Sirti Energia is an Italian leading player in the engineering, construction and maintenance of underground and aerial networks, energy transportation and distribution. The company’s main services include projects for high, medium and low voltage networks, energy efficiency and E-mobility solutions. Sirti Energia supports the entire supply chain, from permit applications to the construction of pylons, pipe excavations, testing and maintenance. Thanks to its well-known brand and its compelling set of qualifications, Sirti Energia’s customer base includes the largest Italian players in the energy and infrastructure sectors.
Currently, EXI and Sirti together employ about 640 people, including technicians, project managers, engineers and administrative staff, organized into more than 100 operational teams dedicated to the safety of energy networks.
Strategy
EXI’s vision is to become the main player in Italy’s digital transformation by continuing to grow its customer base in the mobile business (by providing excellent and profitable services), the geographic expansion by actively exploiting opportunities in emerging markets and by expanding into other areas such as broadband and fiber design.
Sirti Energia is seen as a perfect add-on for the Mutares’ portfolio company EXI, creating significant synergies in project implementation and allowing EXI to develop its business in the energy infrastructure sector providing best of breed services for installation and maintenance. Sirti Energia could be in a position to fully exploit the growth potential triggered by the energy transition.
| Headquarters | Rome & Milan, Italy |
|---|---|
| Seller | Ericsson Telecomunicazioni S.p.A. |
| Year of Acquisition | 2021 |
| Revenues | EUR 80 m |
| Segment | Goods & Services |
