CVC Capital Partners Acquires Clevertech for €800 Million

CVC Capital Partners has secured a controlling stake in Clevertech spa, a prominent Italian firm recognized globally for its advanced industrial automation solutions. The transaction, valued at approximately €800 million, signifies a significant endorsement of Clevertech's market position and future growth prospects within the increasingly automated manufacturing sector.

Under the terms of the agreement, CVC Capital Partners IX will acquire the entirety of Clevertech from REFA srl, the holding company of the Reggiani family. Crucially, the Reggiani family will retain a minority interest and continue to steer the company's strategic direction and day-to-day operations, ensuring a seamless transition and leveraging their deep industry expertise. The deal is anticipated to finalize by the close of 2026.

This acquisition underscores a broader trend of private equity firms investing heavily in industrial technology and automation. The global industrial automation market is projected to reach hundreds of billions of dollars in the coming years, driven by demand for increased efficiency, precision, and supply chain resilience. Clevertech, with its established track record in delivering sophisticated automation systems, is well-positioned to capitalize on this expansion.

Clevertech's expertise spans a wide range of industrial applications, offering tailored solutions that enhance productivity and streamline complex manufacturing processes. The company's commitment to innovation and its ability to adapt to evolving industry needs have cemented its reputation as a leader in its field. This partnership with CVC Capital Partners is expected to provide the necessary capital and strategic support to accelerate Clevertech's international growth and further technological development.

The industrial automation sector has seen a surge in M&A activity, with strategic buyers and financial sponsors alike recognizing the long-term value creation potential. Recent comparable transactions highlight a robust appetite for companies that can demonstrate strong recurring revenue, technological differentiation, and a clear path to scalability. CVC Capital Partners' investment in Clevertech aligns with this strategic focus, aiming to build upon the company's existing strengths and expand its global footprint.

The continuity provided by the Reggiani family's reinvestment is a key element of this deal. Their ongoing involvement ensures that Clevertech's core values and operational excellence remain intact, while CVC's financial backing and global network will be instrumental in unlocking new market opportunities and driving operational enhancements. This collaborative approach is designed to maximize value creation for all stakeholders.