Alantra advises the shareholders of ITAL Express on its sale to Naxicap Partners

Apr 2024

Sell-side advisory & debt financing

Paris – Alantra has advised the shareholders of ITAL Express (Capza, Azulis Capital, and its management) on its sale to Naxicap Partners, with reinvestment from the management team.

Founded in 1975, ITAL Express is a long-established and recognised player, specialised in technical advisory services, sourcing, and the distribution of vehicle and equipment spare parts for professionals: industrial vehicles (trucks, trailers), commercial vehicles, tractors, and agricultural and other types of machinery (gardening machinery, forestry machinery, etc.). The Group offers more than 2 million references of original or equivalent technical parts to a portfolio of 13,000+ customers in France and abroad (repair shops, dealers, agents, resellers, carriers, etc.). Simultaneously with this transaction, ITAL Express is executing its first overseas acquisition, enhancing its portfolio of brands and expanding the range of parts offered to its customers, providing it with the chance to emerge as a key player in Europe.

Patrice Claverie, ITAL Express CEO, said: “This new partnership with Naxicap Partners is an opportunity for the Group to continue its efforts to diversify its offering while making targeted acquisitions in its core businesses.”

Fabrice Scheer, Managing Partner at Alantra France, also commented: “We are pleased to have advised the shareholders of ITAL Express in this transaction. ITAL Express is recognised for its technical and sourcing expertise and has succeeded, in recent years, in diversifying beyond its traditional niche of truck spare parts.”

Alantra’s role included debt advisory services that were differentiating for the process execution. Alantra’s French team, led by Fabrice Scheer, has advised ITAL Express on all of the Group’s operations for the last 20 years.