Avvocatidiimpresa with Starter Energy for the launch of Everest

A major transaction signed by Vam Investments: a private equity operator specializing in buyouts and consolidation platforms, it has signed the closing agreement for the acquisition of five Italian companies (Garolfi, Starter Energy, Guidi Impianti, Solarys, and Omnia Energy 3) active in the design, installation, and management of electricity generation plants and HVAC (Heating, Ventilation, and Air Conditioning) for the companies.

The combination of the five companies gives rise to the Everest Group, a platform that aims to become the national leader in providing business services for the energy transition.

Vam Investments and Everest were assisted throughout the complex process by DWF as legal advisors, with a team led by partner and head of Corporate, M&A, and Private Equity Luca Cuomo and composed of counsel Giacomo Romiti, senior associates Alberto Sieli, and associates Giulia Santi, Natale Galluzzo, Maria Caterina Signorini, and Federica Boscolo.

Gianni Vettorello and his team followed the bank financing profiles, while the labor law profiles were followed by Giorgio Manca and his team.

Legance was responsible for defining the structure, tax due diligence, and other tax aspects of the transaction, led by senior partner Andrea Silvestri, with a team coordinated by senior counsel Paolo Ronca and composed of senior associates Michele Barcellona and associate Carlo Donnini.

The founders of Everest were assisted by Paolo Cerina of Cerina Studio Legale.

Garolfi’s partners were supported in all legal aspects by the firm LawaL Legal & Tax Advisory with a team composed of partners Marco Pallucchini Wrede and Roberta Mollica and members Emanuele Francesco Rizzuti.

Starter Energy’s partners were followed by Avvocatidienca with its partner Alberto Calvi di Coenzo for the legal part and Studio Della Volta, with its name partner Paolo Della Volta, for the financial and tax parts.

The Solarys partners were assisted by L&B Partners Avvocati Associati Sta in relation to all legal aspects of the transaction, with a team led by partner Davide Pelloso and composed of counsel Riccardo Marini and associate Salvatore Cuomo.

The partners of Omnia Energy 3, Europe Capital Partners VII used CS & Associates to coordinate the activities related to the divestment of the stake.

Gatti Pavesi Bianchi Ludovici advised Europe Capital Partners VII on the activities related to the sale of its stake in Omnia Energy 3 with a team composed of equity partner Andrea Giardino, partner Filippo Sola, and associate Marina Orlando.

Pirola Pennuto Zei & Associati assisted Omnia Immobiliare and the brothers Stephane and Nicolas Moretti, for the legal aspects, with a team led by partner Yuri Zugolaro, assisted by associate partner Lorenzo Destro and counselor Davide Rubino.

Orrick, with a team composed of partner Marina Balzano, of counsel Giulio Asquini, associate Claudia Loriggio, and trainer Elisa Zaccaria, assisted Banco BPM, Crédit Agricole Italia, Intesa Sanpaolo, Banca Ifis, BPER Banca, Cherry Bank, and Banca Sella as sent lead arrangers, bookrunners, and financiers, as well as Crédit Agricole Italia, as agent bank, in preparing and negotiating financial documentation.

Pictured, clockwise at top left: Andrea Silvestri (Legance), Marco Pallucchini Wrede (Lawal), Alberto Calvi Di Coenzo (Avvocatidimpresa), Davide Pelloso (L&B Partners), Luca Cuomo (Dwf) and Marina Balzano (Orrick).

Vam Investments, a private equity operator specializing in buyout operations and consolidation platforms, has just signed the closing agreement for the acquisition of five Italian companies (Garolfi, Starter Energy, Guidi Impianti, Solarys, and Omnia Energy 3) active in the design, installation, and management of electricity generation plants and HVAC (Heating, Ventilation, and Air Conditioning) for the companies. The combination of the five companies gives rise to the Everest Group, a platform that aims to become the national leader in providing business services for the energy transition.

Vam Investments and Everest were assisted throughout the complex process by DWF as legal advisors, with a team led by partner and head of Corporate, M&A, and Private Equity Luca Cuomo and composed of counsel Giacomo Romiti, senior associates Alberto Sieli, and associates Giulia Santi, Natale Galluzzo, Maria Caterina Signorini, and Federica Boscolo. Gianni Vettorello and his team followed the bank financing profiles, while the labor law profiles were followed by Giorgio Manca and his team.

Legance oversaw the structure, tax due diligence, and other tax aspects of the transaction, led by senior partner Andrea Silvestri, with a team coordinated by senior counsel Paolo Ronca and composed of senior associates Michele Barcellona and associate Carlo Donnini.

The founders of Everest were assisted by Paolo Cerina of Cerina Studio Legale.

Garolfi’s partners were supported in all legal aspects by the firm LawaL Legal & Tax Advisory with a team composed of partners Marco Pallucchini Wrede and Roberta Mollica and associate Emanuele Francesco Rizzuti.

Starter Energy’s partners were followed by Avvocatidienca with its partner Alberto Calvi di Coenzo for the legal part and Studio Della Volta, with its name partner Paolo Della Volta, for the financial and tax parts.

The Solarys partners were assisted by L&B Partners Avvocati Associati STA in all legal aspects of the transaction, with a team led by partner Davide Pelloso and composed of counsel Riccardo Marini and associate Salvatore Cuomo.

The partners of Omnia Energy 3, Europe Capital Partners VII used CS & Associates to coordinate the activities related to the divestment of the stake.

Gatti Pavesi Bianchi Ludovici advised Europe Capital Partners VII on the activities related to the sale of its stake in Omnia Energy 3 with a team composed of equity partner Andrea Giardino, partner Filippo Sola, and associate Marina Orlando.

Pirola Pennuto Zei & Associati assisted Omnia Immobiliare and the brothers Stephane and Nicolas Moretti, for the legal aspects, with a team led by partner Yuri Zugolaro, assisted by associate partner Lorenzo Destro and counselor Davide Rubino.

Orrick, with a team composed of partner Marina Balzano, of counsel Giulio Asquini, associate Claudia Loriggio, and trainer Elisa Zaccaria, assisted Banco BPM, Crédit Agricole Italia, Intesa Sanpaolo, Banca Ifis, BPER Banca, Cherry Bank, and Banca Sella as sent lead arrangers, bookrunners, and financiers, as well as Crédit Agricole Italia, as agent bank, in preparing and negotiating financial documentation.

Vam Investments, a private equity operator specializing in operations of buyouts and consolidation platforms, has just signed the closing for the acquisition of five Italian companies (Garolfi, Starter Energy, Guidi Impianti, Solarys and Omnia Energy 3) active in the design, installation and management of electricity production plants and HVAC (Heating, Ventilation and Air Conditioning) for companies. The combination of the five companies gives rise to the Everest Group, a platform that aims to become the national leader in providing business services for the energy transition.

Vam Investments and Everest were assisted throughout the complex process by DWF as legal advisors, with a team led by partner and head of Corporate, M&A, and Private Equity Luca Cuomo and composed of counsel Giacomo Romiti, senior associates Alberto Sieli, and associates Giulia Santi, Natale Galluzzo, Maria Caterina Signorini, and Federica Boscolo. Gianni Vettorello and his team followed the bank financing profiles, while the labor law profiles were followed by Giorgio Manca and his team.

Legance oversaw the structure, tax due diligence, and other tax aspects of the transaction, led by senior partner Andrea Silvestri, with a team coordinated by senior counsel Paolo Ronca and composed of senior associates Michele Barcellona and associate Carlo Donnini.

The founders of Everest were assisted by Paolo Cerina of Cerina Studio Legale.

Garolfi’s partners were supported in all legal aspects by the firm LawaL Legal & Tax Advisory with a team composed of partners Marco Pallucchini Wrede and Roberta Mollica and’ associates Emanuele Francesco Rizzuti.

Starter Energy’s partners were followed by Avvocatidienca with its partner Alberto Calvi di Coenzo for the legal part and Studio Della Volta, with its name partner Paolo Della Volta, for the financial and tax parts.

The Solarys partners were assisted by L&B Partners Avvocati Associati STA SpA in all legal aspects of the transaction, with a team led by partner Davide Pelloso and composed of counsel Riccardo Marini and Associate Salvatore Cuomo.

The partners of Omnia Energy 3, Europe Capital Partners VII used CS & Associates to coordinate the activities related to the divestment of the stake.

Gatti Pavesi Bianchi Ludovici advised Europe Capital Partners VII on the activities related to the sale of its stake in Omnia Energy 3 with a team composed of equity partner Andrea Giardino, partner Filippo Sola, and associate Marina Orlando.

Pirola Pennuto Zei & Associati assisted Omnia Immobiliare and the brothers Stephane and Nicolas Moretti, for the legal aspects, with a team led by partner Yuri Zugolaro, assisted by associate partner Lorenzo Destro and counselor Davide Rubino.

Orrick, with a team composed of partner Marina Balzano, of counsel Giulio Asquini, associate Claudia Loriggio, and trainer Elisa Zaccaria, assisted Banco BPM, Crédit Agricole Italia, Intesa Sanpaolo, Banca Ifis, BPER Banca, Cherry Bank, and Banca Sella as sent lead arrangers, bookrunners, and financiers, as well as Crédit Agricole Italia, as agent bank, in preparing and negotiating financial documentation.

Vam Investments and Everest were assisted by DWF and Legance, while Cerina Studio Legale assisted Everest’s founders. LawaL Legal & Tax Advisory advised the partners of Garolfi, while Avvocatidiencera and Studio Della Volta advised the partners of Starter Energy. L&B Partners Avvocati Associati STA SpA advised the partners of Solarys; CS & Associati advised Europe Capital Partners VII for the sale of the stake in Omnia Energy 3; Gatti Pavesi Bianchi Ludovici advised Europe Capital Partners VII for the sale of the stake in Omnia Energy 3; Pirola Pennuto Zei & Associati advised Omnia Immobiliare and the brothers Stephane and Nicolas Moretti; Orrick assisted the funding team.
Vam Investments, a private equity operator specializing in buyout operations and consolidation platforms, has just signed the closing agreement for the acquisition of five Italian companies (Garolfi, Starter Energy, Guidi Impianti, Solarys, and Omnia Energy 3) active in the design, installation, and management of electricity generation plants and HVAC (Heating, Ventilation, and Air Conditioning) for the companies.

The combination of the five companies gives rise to the Everest Group, a platform that aims to become the national leader in providing business services for the energy transition.

Vam Investments and Everest were assisted throughout the complex process by DWF as legal advisors, with a team led by partner and head of Corporate, M&A, and Private Equity Luca Cuomo and composed of counsel Giacomo Romiti, senior associates Alberto Sieli, and associates Giulia Santi, Natale Galluzzo, Maria Caterina Signorini, and Federica Boscolo. Gianni Vettorello and his team followed the bank financing profiles, while the labor law profiles were followed by Giorgio Manca and his team.

Legance was responsible for defining the structure, tax due diligence, and other tax aspects of the transaction, led by senior partner Andrea Silvestri, with a team coordinated by senior counsel Paolo Ronca and composed of senior associates Michele Barcellona and associate Carlo Donnini.

The founders of Everest were assisted by Paolo Cerina of Cerina Studio Legale. Garolfi’s partners were supported in all legal aspects by the firm LawaL Legal & Tax Advisory with a team composed of partners Marco Pallucchini Wrede and Roberta Mollica and’ associates Emanuele Francesco Rizzuti.

Starter Energy’s partners were followed by Avvocatidienca with its partner Alberto Calvi di Coenzo for the legal part and Studio Della Volta, with its name partner Paolo Della Volta, for the financial and tax parts. The Solarys partners were assisted by L&B Partners Avvocati Associati STA SpA in all legal aspects of the transaction, with a team led by partner Davide Pelloso and composed of counsel Riccardo Marini and Associate Salvatore Cuomo.

The partners of Omnia Energy 3, Europe Capital Partners VII used CS & Associates to coordinate the activities related to the divestment of the stake. Gatti Pavesi Bianchi Ludovici advised Europe Capital Partners VII on the activities related to the sale of its stake in Omnia Energy 3 with a team composed of equity partner Andrea Giardino, partner Filippo Sola, and associate Marina Orlando.

For the legal aspects, Pirola Pennuto Zei & Associati assisted Omnia Immobiliare and the brothers Stephane and Nicolas Moretti with a team led by partner Yuri Zugolaro, assisted by associate partner Lorenzo Destro and counselor Davide Rubino.

Orrick, with a team composed of partner Marina Balzano, of counsel Giulio Asquini, associate Claudia Loriggio, and trainer Elisa Zaccaria, assisted Banco BPM, Crédit Agricole Italia, Intesa Sanpaolo, Banca Ifis, BPER Banca, Cherry Bank, and Banca Sella as sent lead arrangers, bookrunners, and financiers, as well as Crédit Agricole Italia, as agent bank, in preparing and negotiating financial documentation.

Vam Investments, a private equity operator specializing in buyouts and consolidation platforms, has signed the closing for the acquisition of five Italian companies (Garolfi, Starter Energy, Guidi Impianti, Solarys, and Omnia Energy 3) active in the design, installation, and management of electricity and HVAC (Heating, Ventilation, and Air Conditioning) systems for businesses.

The combination of the five companies has given rise to the Everest group, a platform that aims to become the national leader in providing services to businesses for the energy transition.

Vam Investments and Everest were assisted throughout the complex process by DWF as legal advisor, with a team led by partner and head of Corporate, M&A, and Private Equity Luca Cuomo and composed of counsel Giacomo Romiti, senior associate Alberto Sieli, and associates Giulia Santi, Natale Galluzzo, Maria Caterina Signorini, and Federica Boscolo. Gianni Vettorello and his team handled the bank financing aspects, while Giorgio Manca and his team handled the labor law aspects.

Legance handled the definition of the structure, tax due diligence, and other tax aspects of the transaction, under the guidance of senior partner Andrea Silvestri, with a team coordinated by senior counsel Paolo Ronca and composed of senior associate Michele Barcellona and associate Carlo Donnini.

The founders of Everest were assisted by Paolo Cerina of Cerina Studio Legale.

Garolfi’s founders were assisted in all legal aspects by LawaL Legal & Tax Advisory with a team composed of partners Marco Pallucchini Wrede and Roberta Mollica and associate Emanuele Francesco Rizzuti.

The partners of Starter Energy were assisted by Avvocatidiimpresa with partner Alberto Calvi di Coenzo for the legal aspects and by Studio Della Volta, with name partner Paolo Della Volta, for the financial and tax aspects.

The partners of Solarys were assisted by L&B Partners Avvocati Associati STA SpA in relation to all legal aspects of the transaction, with a team led by partner Davide Pelloso and composed of counsel Riccardo Marini and associate Salvatore Cuomo.

The partners of Omnia Energy 3, Europe Capital Partners VII, used CS & Associati to coordinate the activities related to the sale of the stake.

Gatti Pavesi Bianchi Ludovici assisted Europe Capital Partners VII in activities related to the sale of its stake in Omnia Energy 3 with a team composed of equity partner Andrea Giardino, partner Filippo Sola, and associate Marina Orlando.

Pirola Pennuto Zei & Associati assisted Omnia Immobiliare and brothers Stephane and Nicolas Moretti with legal matters, with a team led by partner Yuri Zugolaro, assisted by associate partner Lorenzo Destro and counsel Davide Rubino.

Orrick, with a team composed of partner Marina Balzano, of counsel Giulio Asquini, associate Claudia Loriggio, and trainee Elisa Zaccaria, assisted Banco BPM, Crédit Agricole Italia, Intesa Sanpaolo, Banca Ifis, BPER Banca, Cherry Bank, and Banca Sella, as mandated lead arranger, bookrunner, and lenders, as well as Crédit Agricole Italia, as agent bank, in the preparation and negotiation of the financial documentation.

Involved fees earner: Alberto Calvi di Coenzo – Avvocati di Impresa; Paolo Cerina – Cerina Studio Legale; Paolo Della Volta – Della Volta; Federica Boscolo – DWF; Luca Cuomo – DWF; Natale Galluzzo – DWF; Giorgio Manca – DWF; Giacomo Romiti – DWF; Giulia Santi – DWF; Alberto Sieli – DWF; Gianni Vettorello – DWF; Andrea Giardino – Gatti Pavesi Bianchi Ludovici; Marina Orlando – Gatti Pavesi Bianchi Ludovici; Filippo Sola – Gatti Pavesi Bianchi Ludovici; Salvatore Cuomo – L&B Partners; Riccardo Marini – L&B  Partners; Davide Pelloso – L&B Partners; Roberta Mollica – Lawal Legal & Tax Advisory; Marco Pallucchini Wrede – Lawal Legal & Tax Advisory; Emanuele Rizzuti – Lawal Legal & Tax Advisory; Michele Barcellona – Legance; Carlo Donnini – Legance; Paolo Ronca – Legance; Andrea Silvestri – Legance; Giulio Asquini – Orrick Herrington & Sutcliffe LLP; Marina Balzano – Orrick Herrington & Sutcliffe LLP; Claudia Loriggio – Orrick Herrington & Sutcliffe LLP; Elisa Zaccaria – Orrick Herrington & Sutcliffe LLP; Lorenzo Destro – Pirola Pennuto Zei & Associati; Davide Rubino – Pirola Pennuto Zei & Associati; Yuri Zugolaro – Pirola Pennuto Zei & Associati;

Law Firms: Avvocati di Impresa; Cerina Studio Legale; Della Volta; DWF; Gatti Pavesi Bianchi Ludovici; L&B Partners; Lawal Legal & Tax Advisory; Legance; Orrick Herrington & Sutcliffe LLP; Pirola Pennuto Zei & Associati;

Clients: Starter Energy; Mulazzi Gianni; Belingheri Aronne; Balzarini Michele; VAM Investments S.p.A.; Everest; Garolfi S.p.A.; Solarys I.S. S.r.l.; Europe Capital Partners VII SCA; Omnia Energy 3 S.r.l.; Omnia Immobiliare S.r.l.; Banco BPM S.p.A.; Crédit Agricole Italia; Intesa Sanpaolo S.p.A.; Banca IFIS; BPER Banca S.p.A.; Cherry Bank; Banca Sella;

DWF advised Vam Investments; Cerina Studio Legale advised the founders of Everest; Lawal advised the partners of GarolH; Avvocatidiimpresa and Studio Della Volta advised the partners of Starter Energy; Arcadia Financial Advisors, Piercarlo Mariotti, Massimiliano Tittarelli advised the partners of Guidi Impianti; L&B Partners Avvocati Associati STA advised the partners of Solarys; CS & Associati, Rothschild & Co, Gatti Pavesi Bianchi Ludovici advised Europe Capital Partners VII; Pirola Pennuto Zei & Associati advised Omnia Immobiliare and brothers Stephane and Nicolas Moretti.

Vam Investments has reached binding agreements for the acquisition of five Italian companies active in the design, installation, and management of photovoltaic, electrical, and HVAC systems aimed at businesses. The companies involved are Garolfi, Starter Energy, Guidi Impianti, Solarys and Omnia Energy 3.

The project includes the creation of the Everest group, a platform that aims to position itself as a national leader in energy transition services for businesses. The closing, subject to Antitrust approval, is expected by the end of November.

The entrepreneurs who founded and run the businesses will remain at the helm of their respective businesses, with a significant shareholding in parent company Everest. These are in detail Andrea Garolfi, Enrico Ruggero Garolfi and Antonello Gaviraghi (Garolfi), Giuseppe and Raffaele Guidi (Guidi Impianti), Gianni Mulazzi, Aronne Belingheri and Michele Balzarini (Starter Energy), Matteo Becchetti, Michele Burbi and David Nespoli (Solarys IS), Stephane and Nicolas Moretti (Omnia Energy 3).

The Everest platform was born from the aggregation of established business entities, with an estimated aggregate turnover of around 100 million euros. The operation aims to strengthen the positioning of the companies involved, enriching the supply of services under the energy transition for commercial and industrial enterprises. Alessandro Zunino, with recognized experience in the energy sector, will be CEO of the new company, while Umberto Quadrino will serve as its president.

Everest aims to continue the growth path through the entry of additional players into the sector, with the aim of consolidating its national leadership. The project was led by Armando Golia and Francesca Rena, partners and directors of Vam Investments, respectively. Garolfi is responsible for the design and installation of electrical and photovoltaic systems with a strong presence throughout the country. Starter Energy operates in the energy sector, offering energy efficiency and self-production services for businesses. Guidi Impianti is active in the construction and management of electrical systems, also specializing in HVAC solutions. Solarys specializes in innovative systems for energy efficiency and plant solutions. Omnia Energy 3 is part of the operation through the participation of Europe Capital Partners VII and brothers Stephane and Nicolas Moretti through Omnia Immobiliare.

In the transaction, Vam Investments was supported by Augusto Lippi, Chiara Leoni, and Niccolò Baldacci of LABS Corporate Finance for all scouting activities, particularly in coordinating the acquisitions of Starter Energy and Guidi Impianti. Giuseppe Sartorio and Jacopo Mazzoleni of Scouting Capital Advisors coordinated the activities related to the Garolfi acquisition, while DWF partnered with Vam as legal advisor; the KPMG team led by Matteo Ennio coordinated the Hnanziaria due diligence activity, and Legance oversaw the Fiscal Due Diligence activity and defined the transaction structure. The founders of Everest were mentored by lawyers from Cerina Studio Legale. Lawal followed Garolfi’s partners in the sale.

Starter Energy’s partners received legal assistance from Avvocatidiacompresa, with a team led by managing partner Alberto Calvi of Coenzo, and tax and financial support from Studio Della Volta. Guidi Impianti’s partners were joined by Arcadia Financial Advisors with Piercesare Villa, Riccardo Barbera, and Stefano Morelli, Piercarlo Mariotti as legal advisor, and Massimiliano Tittarelli as tax advisor. L&B Partners Attorneys Associates STA provided legal assistance to Solarys partners. Europe Capital Partners VII was represented by CS & Associati for the coordination of the activities related to the sale, and by Rothschild & Co for the financial advisory with Alessandro Bertolini Clerici, Edoardo Pasquotti, Nicola Tana and Valeria Lancasteri. Europe Capital Partners VII was also supported by the law firm Gatti Pavesi Bianchi Ludovici. For the legal aspects, Omnia Immobiliare and the brothers Stephane and Nicolas Moretti were assisted by Pirola Pennuto Zei & Associati. Involved Fees Earners: Alberto Calvi di Coenzo – Business Lawyers; Law Firms: Business Lawyers; Clients: Starter Energy; Mulazzi Gianni; Belingheri Aronne; Balzarini Michele

DWF advised Vam Investments; Cerina Studio Legale advised the founders of Everest; Lawal advised the partners of GarolH; Avvocatidiimpresa and Studio Della Volta advised the partners of Starter
Energy; Arcadia Financial Advisors, Piercarlo Mariotti, Massimiliano Tittarelli advised the partners of Guidi Impianti; L&B Partners Avvocati Associati STA advised the partners of Solarys; CS & Associati, Rothschild & Co, Gatti Pavesi Bianchi Ludovici advised Europe Capital Partners VII; Pirola Pennuto Zei & Associati advised Omnia Immobiliare and the brothers Stephane and Nicolas Moretti. Vam Investments has reached binding agreements for the acquisition of five Italian companies active in the design, installation, and management of photovoltaic, electrical, and HVAC systems aimed at businesses. The companies involved are Garolfi, Starter Energy, Guidi Impianti, Solarys and Omnia Energy 3. The project includes the creation of the Everest group, a platform that aims to position itself as a national leader in energy transition services for businesses. The closing, subject to Antitrust approval, is expected by the end of November. The entrepreneurs who founded and run the businesses will remain at the helm of their respective businesses, with a significant shareholding in parent company Everest. These are in detail Andrea Garolfi, Enrico Ruggero Garolfi and Antonello Gaviraghi (Garolfi), Giuseppe and Raffaele Guidi (Guidi Impianti), Gianni Mulazzi, Aronne Belingheri and Michele Balzarini (Starter Energy), Matteo Becchetti, Michele Burbi and David Nespoli (Solarys IS), Stephane and Nicolas Moretti (Omnia Energy 3).

The Everest platform was born from the aggregation of established business entities, with an estimated aggregate turnover of around 100 million euros. The operation aims to strengthen the positioning of the companies involved, enriching the supply of services under the energy transition for commercial and industrial enterprises. Alessandro Zunino, with recognized experience in the energy sector, will be CEO of the new company, while Umberto Quadrino will serve as its president.

Everest aims to continue the growth path through the entry of additional players into the sector, with the aim of consolidating its national leadership. The project was led by Armando Golia and Francesca Rena, partners and directors of Vam Investments, respectively. Garolfi is responsible for the design and installation of electrical and photovoltaic systems with a strong presence throughout the country. Starter Energy operates in the energy sector, offering energy efficiency and self-production services for businesses. Guidi Impianti is active in the construction and management of electrical systems, also specializing in HVAC solutions. Solarys specializes in innovative systems for energy efficiency and plant solutions.

Omnia Energy 3 is part of the operation through the participation of Europe Capital Partners VII and brothers Stephane and Nicolas Moretti through Omnia Immobiliare. In the transaction, Vam Investments was supported by Augusto Lippi, Chiara Leoni, and Niccolò Baldacci of LABS Corporate Finance for all scouting activities, particularly in coordinating the acquisitions of Starter Energy and Guidi Impianti. Giuseppe Sartorio and Jacopo Mazzoleni of Scouting Capital Advisors coordinated the activities related to the Garolfi acquisition, while DWF partnered with Vam as legal advisor; the KPMG team led by Matteo Ennio coordinated the Hnanziaria due diligence activity, and Legance oversaw the Fiscal Due Diligence activity and defined the transaction structure.

The founders of Everest were mentored by lawyers from Cerina Studio Legale. Lawal followed Garolfi’s partners in the sale. Starter Energy’s partners received legal assistance from Avvocatidiacompresa, with a team led by managing partner Alberto Calvi of Coenzo, and tax and financial support from Studio Della Volta. Guidi Impianti’s partners were joined by Arcadia Financial Advisors with Piercesare Villa, Riccardo Barbera, and Stefano Morelli, Piercarlo Mariotti as legal advisor, and Massimiliano Tittarelli as tax advisor. L&B Partners Attorneys Associates STA provided legal assistance to Solarys partners. Europe Capital Partners VII was represented by CS & Associati for the coordination of the activities related to the sale, and by Rothschild & Co for the financial advisory with Alessandro Bertolini Clerici, Edoardo Pasquotti, Nicola Tana and Valeria Lancasteri. Europe Capital Partners VII was also supported by the law firm Gatti Pavesi Bianchi Ludovici. For the legal aspects, Omnia Immobiliare and the brothers Stephane and Nicolas Moretti were assisted by Pirola Pennuto Zei & Associati.

Involved fees earner: Alberto Calvi di Coenzo – Business Lawyers;

Law Firms: Business Lawyers;
Clients: Starter Energy; Mulazzi Gianni; Belingheri Aronne; Balzarini Michele;
Creation date
November 13, 2025
Author
paolo-bossi

Vam Investments, a private equity operator specializing in buyout operations and consolidation platforms, has reached binding agreements for the acquisition of five Italian companies (Garolfi, Starter Energy, Guidi Impianti, Solarys and Omnia Energy 3) active in the design, installation and management of photovoltaic systems, electrical systems and HVAC (Heating, Ventilation and Air Conditioning) for businesses. The closing, subject to approval by the Antitrust, is expected by the end of November. The Everest group was born from the combination of the five companies, a platform that aims to become the national leader in offering services to businesses for the energy transition.

THE ADVISORS

Vam was assisted by Augusto Lippi, Chiara Leoni and Niccolò Baldacci of LABS Corporate Finance for all scouting activities, and in particular in the coordination of the acquisitions of Starter Energy and Guidi Impianti. Giuseppe Sartorio, Jacopo Mazzoleni and Andrea Isacchi of Scouting Capital Advisors for the coordination of activities related to the acquisition of Garolfi, DWF supported Vam as legal advisor, the KPMG team led by Matteo Ennio coordinated the financial due diligence activity and Legance followed the disc due diligence activity and defined the structure of the operation.

Ermanno Restano’s Finerre followed the coordination of the acquisition of Omnia Energy 3.

The founders of Everest were assisted by Cerina Studio Legale.

Garolfi’s partners were supported by the law firm Lawal.

The Starter Energy partners were followed by Avvocatidimpresa for the legal part and by Studio Della Volta for the financial and tax part.

The partners of Guidi Impianti sought the advice of Arcadia Financial Advisors as M & A advisor with a team composed of Piercesare Villa, Riccardo Barbera and Stefano Morelli; by the lawyer Piercarlo Mariotti as legal advisor; by Massimiliano Tittarelli as tax advisor.

The Solarys partners were assisted by L & B Partners as financial advisor – with a team led by managing director Stefano Galbusera and composed of associate Antonio Paternostro – and by L & B Partners Avvocati Associati STA as legal advisor.

As regards the shareholders of Omnia Energy 3, Europe Capital Partners VII made use of CS & Associati to coordinate the activities connected to the sale of the stake. The fund and the brothers Stephane and Nicolas Moretti, through Omnia Immobiliare, were assisted by Rothschild & Co as financial advisor, with a team made up of Alessandro Bertolini Clerici (partner); Edoardo Pasquotti (assistant director); Nicola Tana (associate) and Valeria Lancasteri (analyst).

Europe Capital Partners VII was also supported by the law firm Gatti Pavesi Bianchi Ludovici. For the legal aspects, Omnia Immobiliare and the brothers Stephane and Nicolas Moretti were assisted by Pirola Pennuto Zei & Associati.

THE DETAILS

Alessandro Zunino, creator and promoter of the initiative, will lead Everest as CEO. Zunino, former CEO of Edison Energia, boasts long experience in the energy and industrial sector. Umberto Quadrino, former CEO of Edison from 2001 to 2012 and current president of Tages, an asset management company that manages funds specialized in renewable sources and the energy transition, will bring his experience as president.

The entrepreneurs who founded and manage the companies will remain at the helm of their respective companies, with a significant shareholding in the parent company Everest. The project was led by Armando Golia, Vam’s partner, and Francesca Rena, director.

THE COMMENTS

“The market for energy transition and energy efficiency of industrial and commercial buildings is in full development. In the coming years, an ever-increasing number of companies will equip themselves with self-production energy tools, from solar panels to heat pumps, and new or renovated buildings will be equipped with increasingly energy-efficient technological systems. Energy saving in all its forms is already an investment with a certain economic return. In this scenario, Italy still lacks a national champion who knows how to combine high professionalism, absolute reliability, safety and competitive costs. Our goal is to create an industrial group in which excellent, locally rooted companies, led by capable and ambitious entrepreneurs, can share highly qualified experiences, skills and human resources. Together we are creating the national reference and leading platform for services that enable the electrification of consumption and energy requalification at commercial and industrial companies”, comments Alessandro Zunino.

Andrea Garolfi, also on behalf of Enrico Ruggero Garolfi and Antonello Gaviraghi (Garolfi), Giuseppe and Raffaele Guidi (Guidi Impianti), Gianni Mulazzi, Aronne Belingheri and Michele Balzarini (Starter Energy), Matteo Becchetti, Michele Burbi and David Nespoli (Solarys IS), Stephane and Nicolas Moretti (Omnia Energy 3) added: “The Everest project because it will allow our companies to reach their full potential, completing the service offering to our customers, strengthening our companies and accelerating their growth. We feel like a strong team and are ready to collaborate for the growth of the group, welcoming new entrepreneurs to Everest”.

Marco Piana, managing partner of Vam Investments, added: “With Everest, we enter a key sector for the competitiveness of Italian companies, at a historical moment when energy efficiency has become a strategic lever. We unite entrepreneurs who share a clear industrial vision and a strong motivation towards the aggregation project, ready to reinvest part of their proceeds in the entire group, becoming shareholders. We are convinced that this is the winning model to allow the best development of their companies, within a collaborative context and with the support of a professional management capable of enhancing their quality and skills. We are happy to work alongside Alessandro in such an ambitious project, also thanks to the support of national and international investors of primary standing”.

“The market is highly fragmented and rapidly evolving. We selected five operators who share vision, skills and implementation capabilities, with the intention of aggregating them into an industrial platform ready to scale. With a turnover of around 100 million euros, Everest already represents one of the largest operators in this market today, and we are working on the entry of other companies with the aim of leading the group to soon become the national leader in the sector”, said Armando Golia.

AGIPRESS – Milan, 6 November 2025 – Vam Investments, a private equity operator specializing in buyout operations and consolidation platforms, announces that it has reached binding agreements for the acquisition of five Italian companies – Garolfi, Starter Energy, Guidi Impianti, Solarys and Omnia Energy 3 – active in the design, installation and management of photovoltaic systems, electrical systems and HVAC (Heating, Ventilation and Air Conditioning) for businesses. The closing, subject to approval by the Antitrust, is expected by the end of November. The Everest group was born from the combination of the five companies, a platform that aims to become the national leader in offering services to businesses for the energy transition. Alessandro Zunino, creator and promoter of the initiative, will lead Everest as CEO. Alessandro, former CEO of Edison Energia, boasts long experience in the energy and industrial sector. Umberto Quadrino, former CEO of Edison from 2001 to 2012 and current president of Tages SPA, an asset management company that manages funds specialized in renewable sources and the energy transition, will bring his experience as President. “The energy transition and energy efficiency market for industrial and commercial buildings is in full development”, comments Alessandro Zunino. “In the coming years, an ever-increasing number of companies will equip themselves with self-production energy tools, from solar panels to heat pumps, and new or renovated buildings will be equipped with increasingly energy-efficient technological systems. Energy saving in all its forms is already an investment with a certain economic return. In this scenario, Italy still lacks a national champion who knows how to combine high professionalism, absolute reliability, safety and competitive costs. Our goal is to create an industrial group in which excellent, locally rooted companies, led by capable and ambitious entrepreneurs, can share highly qualified experiences, skills and human resources. Together we are creating the national reference and leading platform for services that enable the electrification of consumption and energy requalification at commercial and industrial companies”. The entrepreneurs who founded and manage the companies will remain at the helm of their respective companies, with a significant shareholding in the parent company Everest. Andrea Garolfi, also on behalf of Enrico Ruggero Garolfi and Antonello Gaviraghi (Garolfi SpA), Giuseppe and Raffaele Guidi (Guidi Impianti Srl), Gianni Mulazzi, Aronne Belingheri and Michele Balzarini (Starter Energy Srl), Matteo Becchetti, Michele Burbi and David Nespoli (Solarys IS. Srl), Stephane and Nicolas Moretti (Omnia Energy 3) added: “We are excited to become part of the Everest project because it will allow our companies to reach their full potential, completing the service offering to our customers, strengthening our companies and accelerating their growth. We feel like a strong team and are ready to collaborate for the growth of the group, welcoming new entrepreneurs to Everest”.

Marco Piana, Managing Partner of Vam Investments, added:

“With Everest, we enter a key sector for the competitiveness of Italian companies, at a historical moment when energy efficiency has become a strategic lever. We unite entrepreneurs who share a clear industrial vision and a strong motivation towards the aggregation project, ready to reinvest part of their proceeds in the entire group, becoming shareholders. We are convinced that this is the winning model to allow the best development of their companies, within a collaborative context and with the support of a professional management capable of enhancing their quality and skills. We are happy to work alongside Alessandro in such an ambitious project, also thanks to the support of national and international investors of primary standing”.

The project was led by Armando Golia, Partner of Vam, and Francesca Rena, Director.

“The market is highly fragmented and rapidly evolving. We selected five operators who share vision, skills and implementation capabilities, with the intention of aggregating them into an industrial platform ready to scale. With a turnover of c. €100m, Everest already represents one of the largest operators in this market today, and we are working on the entry of other companies with the aim of leading the group to soon become the national leader in the sector”, said Armando Golia.

Advisor and structure of the operation:

Vam was assisted by Augusto Lippi, Chiara Leoni and Niccolò Baldacci of LABS Corporate Finance for all scouting activities, and in particular in the coordination of the acquisitions of Starter Energy and Guidi Impianti. Giuseppe Sartorio and Jacopo Mazzoleni of Scouting Capital Advisors for the coordination of activities related to the acquisition of Garolfi, Luca Cuomo and his team at DWF joined Vam as legal advisors, the KPMG team led by Matteo Ennio coordinated the financial due diligence activity and the Legance team led by Paolo Ronca followed the Tax Due Diligence activity and definition of the structure of the operation. The Founders of Everest were assisted by Paolo Cerina of Cerina Studio Legale. Garolfi’s partners were assisted by lawyers Marco Pallucchini Wrede, Emanuele Rizzuti and Roberta Mollica from Lawal. The partners of Starter Energy were assisted by Avvocatidimpresa with the founding partner Alberto Calvi di Coenzo for the legal part and by Studio Della Volta for the financial and fiscal part. The partners of Guidi Impianti were assisted by Arcadia Financial Advisors as M & A advisor with a team composed of Piercesare Villa, Riccardo Barbera and Stefano Morelli; by the lawyer Piercarlo Mariotti as legal advisor; by Dr Massimiliano Tittarelli as tax advisor. The partners of Solarys IS were assisted by L&B Partners Avvocati Associati STA a rl, as legal advisor. As regards the shareholders of Omnia Energy 3, Europe Capital Partners VII made use of CS & Associati to coordinate the activities connected to the sale of the stake. The fund and the brothers Stephane and Nicolas Moretti, through Omnia Immobiliare, were assisted by Rothschild & Co as financial advisor, with a team made up of Alessandro Bertolini Clerici, Edoardo Pasquotti, Nicola Tana and Valeria Lancasteri. Europe Capital Partners VII was also assisted by the law firm Gatti Pavesi Bianchi Ludovici with a team composed of Andrea Giardino, Filippo Sola and Marina Orlando. For the legal aspects, Omnia Immobiliare and the brothers Stephane and Nicolas Moretti were assisted by Pirola Pennuto Zei & Associati with a team made up of Yuri Zugolaro, Davide Rubino and Lorenzo Destro. Agipress

DWF advised Vam Investments; Cerina Studio Legale advised the founders of Everest; Lawal advised the partners of GarolH; Avvocatidiimpresa and Studio Della Volta advised the partners of Starter Energy; Arcadia Financial Advisors, Piercarlo Mariotti, Massimiliano Tittarelli advised the partners of Guidi Impianti; L&B Partners Avvocati Associati STA advised the partners of Solarys; CS & Associati, Rothschild & Co, Gatti Pavesi Bianchi Ludovici advised Europe Capital Partners VII; Pirola Pennuto Zei & Associati advised Omnia Immobiliare and brothers Stephane and Nicolas Moretti.

Vam Investments has reached binding agreements for the acquisition of five Italian companies active in the design, installation, and management of photovoltaic, electrical, and HVAC systems aimed at businesses. The companies involved are Garolfi, Starter Energy, Guidi Impianti, Solarys and Omnia Energy 3.

The project includes the creation of the Everest group, a platform that aims to position itself as a national leader in energy transition services for businesses.

The closing, subject to Antitrust approval, is expected by the end of November.

The entrepreneurs who founded and run the businesses will remain at the helm of their respective businesses, with a significant shareholding in parent company Everest. These are in detail Andrea Garolfi, Enrico Ruggero Garolfi and Antonello Gaviraghi (Garolfi), Giuseppe and Raffaele Guidi (Guidi Impianti), Gianni Mulazzi, Aronne Belingheri and Michele Balzarini (Starter Energy), Matteo Becchetti, Michele Burbi and David Nespoli (Solarys IS), Stephane and Nicolas Moretti (Omnia Energy 3).

The Everest platform was born from the aggregation of established business entities, with an estimated aggregate turnover of around 100 million euros. The operation aims to strengthen the positioning of the companies involved, enriching the supply of services as part of the energy transition for commercial and industrial enterprises.

Alessandro Zunino, with recognized experience in the energy sector, will be CEO of the new company, while Umberto Quadrino will serve as its president.

Everest aims to continue the growth path through the entry of additional players into the sector, with the aim of consolidating its national leadership. The project was led by Armando Golia and Francesca Rena, partners and directors of Vam Investments, respectively.

Garolfi is responsible for the design and installation of electrical and photovoltaic systems with a strong presence throughout the country.

Starter Energy operates in the energy sector, offering energy efficiency and self-production services for businesses.

Guidi Impianti is active in the construction and management of electrical systems, also specializing in HVAC solutions.

Solarys specializes in innovative systems for energy efficiency and plant solutions.

Omnia Energy 3 is part of the operation through the participation of Europe Capital Partners VII and brothers Stephane and Nicolas Moretti through Omnia Immobiliare.

In the transaction, Vam Investments was supported by Augusto Lippi, Chiara Leoni, and Niccolò Baldacci of LABS Corporate Finance for all scouting activities, particularly in coordinating the acquisitions of Starter Energy and Guidi Impianti. From Giuseppe Sartorio and Jacopo Mazzoleni of Scouting Capital Advisors for the coordination of related activities
The acquisition of Garolfi was supported by DWF as legal advisor; the KPMG team led by Matteo Ennio coordinated the Hnanziaria due diligence process, and Legance oversaw the Fiscal Due Diligence process and the definition of the transaction structure.

The founders of Everest were followed by lawyers from Cerina Studio Legale.

Lawal followed Garolfi’s partners in the sale.

Starter Energy’s partners received legal assistance from Avvocatidiacompresa, with a team led by managing partner Alberto Calvi of Coenzo, and tax and financial support from Studio Della Volta.

Guidi Impianti’s partners were joined by Arcadia Financial Advisors with Piercesare Villa, Riccardo Barbera, and Stefano Morelli, Piercarlo Mariotti as legal advisor, and Massimiliano Tittarelli as tax advisor.

L&B Partners Attorneys Associates STA provided legal assistance to Solarys partners.

Europe Capital Partners VII was represented by CS & Associati for the coordination of the activities related to the sale, and by Rothschild & Co for the financial advisory with Alessandro Bertolini Clerici, Edoardo Pasquotti, Nicola Tana and Valeria Lancasteri.

Europe Capital Partners VII was also supported by the law firm Gatti Pavesi Bianchi Ludovici. For aspects
lawyers, Omnia Immobiliare and brothers Stephane and Nicolas Moretti were assisted by Pirola Pennuto Zei & Associati.

Professionals involved in the operation: Calvi di Coenzo Alberto – Business Lawyers;

Legal Studies: Business Lawyers;

Customers: Balzarini Michele; Belingheri Aronne; Mulazzi Gianni; Starter Energy;