PAI Partners acquired the environmental monitoring services provider Orion from Xenon Private Equity

Fineurop Soditic acted as financial advisor to PAI Partners in the acquisition of a majority stake in Orion from Xenon Private Equity.

Company
Orion
Transaction
Sector
Activity
environmental monitoring services
Date
Country
Italy

Founded in Padova in 1988, Orion is a leading Italian provider of environmental monitoring services. 

It has rapidly grown into a multi-specialist environmental solutions platform, offering integrated services across four verticals: water, air quality, emissions control, and technical asset optimization.

In recent years, Orion has implemented a proven buy-and-build strategy, bringing together six complementary businesses to create a unified national platform. 

The strategy has enabled the company to more than double its revenues to Euro 71 million in 2025. 

With PAI’s support, Orion will pursue further strategic acquisitions that will allow the expansion into complementary services and new geographical markets.