Surfaces Technological Abrasives

The Ethica Debt Advisory advised Xenon Private Equity in structuring the financing for the acquisition of Surfaces Technological Abrasives S.r.l.

Ethica Debt Advisory advised Xenon Private Equity in structuring the financing for the acquisition of a 60% stake in Surfaces Technological Abrasives.

Founded in 2010 by its management team and based in Bergamo, Surfaces is a world leader in the production of abrasives for the treatment of ceramic lapping. In 2014, the company reported a turnover of 18€M and an Ebitda of €6 mln.

Franco Prestigiacomo, CEO of Xenon Private Equity, commented: “We are very pleased to be able to support Surfaces in its growth plan by replacing some shareholders with the aim of guaranteeing the company a development path, both in Italy and abroad, leveraging on the present significant technological skills”.