- Wise Equity invested in Aleph in 2017
- Aleph will be the fifth divestment of Wisequity IV
- Wise Equity is a private equity firm that invests in small and medium-sized companies with a focus on Italy
Wise Equity has signed an agreement to sell Aleph, a scanner and printer manufacturer for the textile and visual communication sectors, to Durst Group.
Wise Equity, via Wisequity IV fund, invested in Aleph in 2017.
“We are very proud to have accompanied Aleph through these years of transformation, from a distributor to a system manufacturer, now among the leaders in sustainable innovation,” said Valentina Franceschini, Senior Partner at Wise Equity. “The company has achieved significant goals in terms of organisation, product range, and technological development.”
Durst plans to support Aleph’s growth by increasing investments in technology, innovation, technical support, and continuing international expansion by entering new markets, the release said.
Durst is a graphic, packaging, and ceramic printing product manufacturer based in Brixen, Italy.
Wise Equity is a private equity firm that invests in small and medium-sized companies with a focus on Italy. It is based in Milan.
Aleph is based in Como, Italy.
No financial details of the transaction were disclosed.
Wise Equity and Aleph’s advisors were Proximus M&A Advisory, Deloitte Legal, and Spada&Partners.