Excellera Advisory Group, Italy’s leading corporate affairs advisory group, announces the completion of the transaction through which ICG becomes the new financial partner for the next stage of the growth, succeeding Xenon Private Equity. The Group’s management team, which includes founders of the individual firms, reinvested the majority of their stake in the transaction.
ICG’s entry – as one of the leading global alternative asset manager – will allow Excellera to accelerate its international expansion plan and invest even more intensively in innovation, data science, and advanced technologies. The objective is to make the Group’s advisory increasingly data-driven, enhancing professionals’ skills through smart tools and predictive solutions.
Tullio Pirovano and Alberto López Valenzuela, who are already members of the Strategic Committee chaired by Auro Palomba, together with Francesco Canessa and Davide Contu of ICG, Roberto Patriarca and Paolo Zanetto, today join the new Board of Directors, which confirms Paolo Zanetto as CEO and also includes Francesco Canessa, Davide Contu, Claudia Pomposo and Federico Steiner from the management team.
Alberto López Valenzuela, with over 25 years of experience in business information and data analysis, assumes the role of Advisor for Innovation and Artificial Intelligence.
Tullio Pirovano, takes on the role of Chairman of the Board of Directors, bringing a new managerial perspective at a crucial stage of strategic evolution. Tullio has 40+ years of experience in technology and services, most recently as Chairman and CEO of Lutech Group, one of the leading software and IT services companies in Italy and board member of Fibonacci Group, a company controlled by the Apax Funds that offers specialised software to financial institutions.
Parallel to this, the governance structures of some of the individual Group companies have been updated.
In Barabino & Partners, Federico Steiner becomes CEO. Massimiliano Parboni assumes the role of Chairman. Luca Barabino, Founder of Barabino & Partners, will step down from his current executive role effective upon closing. He will dedicate himself on new personal projects, including forms of social commitment. The transition has been planned to ensure full continuity of operations, and the leadership and strong team led by Federico Steiner will proceed in line with established strategic priorities.
Claudia Pomposo becomes CEO of CZP&Co with full operational powers; while Alberto Cattaneo, after having co-founded CZP&Co twenty years ago and playing a pivotal role in its growth and vision, concludes his journey within the company and the Group and will focus on new individual initiatives.
The partners and people of Excellera extend their sincere gratitude to Luca Barabino and Alberto Cattaneo for their longstanding commitment and extraordinary contribution in the market over the past 25 years and for their fundamental role in the building of the Group.