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The Firms in Itago’s entry into Idrostudi


Milan, December 15, 2023 – The Itago fund executes its sixth investment by acquiring a controlling stake in Idrostudi S.r.l., a leading operator in the design, monitoring and digitalization of water and sewer networks.


In particular, for more than two decades, Idrostudi has offered consulting and applied research services dedicated to sustainable water management and hydraulic protection of the territory, through the efficiency of the technological infrastructure of the integrated water cycle (aqueducts and sewers). Today it is headquartered in the Science Park Area of the Science Technology Park in Trieste, with other branches in Milan, Cagliari and Tbilisi (Georgia), and is among the leading Italian engineering companies dealing exclusively with hydraulics.


The fund was assisted by Pavia and Ansaldo Law Firm, with a team coordinated by partner Alberto Bianco and formed by Martina Villa and Alessandro Russo, in relation to all corporate and M&A aspects of the transaction. Itago Sgr was also advised by Adacta Advisory for financial due diligence with a team composed of Francis De Zanche and Antonio Micci, and Adacta Tax & Legal with Giulia Gionfriddo and Manuela Marini for tax due diligence.


The sellers (Luca Falcomer, Davide Russo, Mauro Castellarin, and Christian Marson), who reinvested in the project and will maintain a central role in the achievement of the shared business plan, were assisted in relation to all legal aspects of the transaction by Studio Ponti & Partners, with a team composed of name partner Luca Ponti and attorney Marco Panighel.


The notarial fulfillments of the transaction were handled by Notary Andrea Todeschini of Padua.