Wise Equity to make VI fund’s first investment with MEP deal

MEP is a rebar processing machinery company.

  • MEP is based in Križevci, Croatia
  • Wise Equity is a private equity firm that invests in small and medium-sized companies
  • The firm s based in Milan

Wise Equity has agreed to buy a majority stake in Macchine Elettroniche Piegatrici (MEP), a rebar processing machinery company.

Križevci, Croatia-based MEP expects to close 2023 with a turnover of more than € 100 million.

Wise invested in MEP via its Wisequity VI fund.

MEP’s chairman Giorgio Del Fabro will reinvest a significant stake, together with current co-general managers Paolo Schneider Savio and Christian Leschiutta, who will ensure the company’s management continuity.

The deal is the first investment by Wisequity VI, the fund launched in May 2023 with a total commitment of €400 million.

Fabrizio Medea, Wise Equity senior partner, oversaw the transaction together with Alessio Riccioni, principal and Edoardo Vaghi, investment manager.

The firm will “support Giorgio Del Fabro and the management team of MEP, a globally recognized excellence, in the implementation of a growth strategy, both organic and through acquisitions, that aims to make the Group even more international and distinctive in the market,” said Medea.

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.

No financial details of the transaction were disclosed.