Alantra acted as Nominated Advisor (NOMAD) in the IPO of eVISO on AIM Italia

Dec 2020

IPO

Milan – Alantra, the independent global mid-market investment banking, alternative asset management and credit portfolio advisory firm, has acted as Nominated Advisor (NOMAD) in the IPO of eVISO on AIM Italia.

eVISO is an artificial intelligence platform that creates value in the market of physical commodities characterized by a certain and mandatory delivery date. The company is actually specialized in the supply of electricity for small and medium enterprises (SMEs) in all Italian regions. eVISO invented a new paradigm, combining the purchase and sale of commodities with Artificial Intelligence services. In this perspective, eVISO has also developed internally and made available to all operators of the sector an artificial intelligence engine able to explicate and quantify the operating costs and support the management control of the company: Nestore®.

The company is currently a leading energy trading player with sound gross profit margins and an outstanding top line growth (19% CAGR in the past three years) and should enter into new commodity markets (gas, wheat, food) replicating the success of electricity.

Stefano Bellavita, Managing Partner at Alantra and Head of Equity Capital Markets said: “We are pleased to have contributed to the completion of this successful transaction despite a tight timetable and the approach of the holiday season”.

This deal is the eighth IPO concluded by Alantra in Italy since the launch of the Equity Team and will further strengthen the firm’s credibility in the equity capital markets.