With a minority growth capital operation Pusterla 1880 open its capital to Winch Capital 4 fund, managed by the Andera MidCap team, to support its growth strategy in Europe.
Under the leadership of the CEO Roberto Marini and the CFO Luca Meana (also Chairman of the Board of Directors), Pusterla 1880 has rapidly grown over the years, thanks to a combination of organic growth and strategic acquisitions (7 since 2000) and today employs more than 1,000 people in Italy, France, UK, Moldova and Tunisia.
The new partnership between Andera Partners and Pusterla 1880 will accelerate the growth of the group, particularly in Europe, where the management team and Andera Partners are already considering a large pipeline of potential acquisitions.
Pierre-Yves Poirier and Antoine Le Bourgeois, Partners at Andera Partners, comment: “Andera MidCap is extremely proud to partner with Roberto Marini, Luca Meana and their teams. Strongly impressed by the management of the group and its track-record, our common objective is now to strengthen its leadership position in the European market, and accelerate its growth through the pursue of new development opportunities and M&A in Europe.”
Roberto Marini, CEO and Luca Meana, CFO (and Chairman of the Board of Directors) of Pusterla 1880 comment: “Highly qualified employees, recognized multi-technical know-how and an industrial footprint allowing geographic proximity to our customers represent the foundations of Pusterla 1880 success and strong relationships with our customers. Over the years, we strengthened our approach to sustainability, with the launch of several solutions offering reduced environmental impact. We are proud of the position we have built, both through organic growth and targeted acquisitions in Europe. Since our first discussions with the Andera Midcap team, we have built a relationship of understanding and mutual trust and we have found in Andera Midcap the right partner to support our ambitious growth plan.”