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ACEA SPA ( (IT:ACE) ) has provided an announcement.
ACEA, through its subsidiary a.Quantum, has completed the acquisition of Aquanexa from Algebris Investments in a deal valuing the water technology company at about €205 million in enterprise value. Aquanexa, which generated roughly €30 million in pro-forma EBITDA in 2025, offers integrated digital, engineering and sensor-based solutions for intelligent water cycle management aimed at utilities, public entities and businesses.
The transaction, cleared by the competent authorities, fits into ACEA’s strategy to strengthen its leadership and expertise in the water sector by expanding into advanced network management services. The acquisition is expected to support the rollout of more efficient and sustainable water network solutions, and the price could rise further if pending add-on acquisitions are completed under the terms agreed between the parties.
The most recent analyst rating on (IT:ACE) stock is a Buy with a EUR26.50 price target. To see the full list of analyst forecasts on ACEA SPA stock, see the IT:ACE Stock Forecast page.
More about ACEA SPA
ACEA is an Italian utility group with a strong presence in the water sector, focusing on integrated water services and network management for utilities, public bodies and companies. Through subsidiaries such as a.Quantum, it develops and deploys innovative, technology-driven solutions to enhance the efficiency and sustainability of water infrastructure.
YTD Price Performance: 2.90%
Average Trading Volume: 282,649
Technical Sentiment Signal: Buy
Current Market Cap: €4.83B
Find detailed analytics on ACE stock on TipRanks’ Stock Analysis page.