Fineurop Soditic acted as exclusive financial advisor to Xenon Private Equity in the acquisition of a 60% stake of Miorelli Service S.p.A. share capital.

Founded in 1981 by Luciano Miorelli and based near Trento, the company has been operating for over 40 years in the facility management and maintenance industry for blue-chip public and private clients with a widespread presence throughout Italy.

Miorelli recorded a turnover of approximately Euro 100 million in 2023.

Xenon, together with the founding family, will further strengthen Miorelli leading positioning in Italy through organic growth, as well as through acquisitions to increase the services offered.

The acquisition was financed by a pool of banks composed of Oldenburgische Landesbank Aktiengesellschaft, Banca Monte dei Paschi di Siena, BNL/BNP Paribas and Muzinich.