Houlihan Lokey Advises Nadella Group
Houlihan Lokey is pleased to announce that Nadella Group (“Nadella” or the “Group”), a portfolio company of Intermediate Capital Group (ICG), has been acquired by The Timken Company. The transaction closed on 4 April 2023.
Headquartered in Milan, Italy, Nadella is a global market leader in the design and production of a comprehensive range of precision linear, rotational motion control, and ball screws solutions, serving an international and diversified base of more than 6,000 customers.
In 2018, ICG acquired a majority stake in Nadella and, over the past four years, contributed to the organic growth, international expansion, and M&A strategy of the Group.
As of today, the Group, which posted revenue of more than €100 million in 2022, has 450 employees and operates manufacturing facilities in Europe and China, coupled with a global distribution network.
The Timken Company is a global leading manufacturer of engineered bearings and industrial motion products. It posted $4.5 billion in sales in 2022 and employs more than 19,000 people globally, operating from 46 countries. The Timken Company is listed on the New York Stock Exchange with a market cap equal to approximately $6 billion.
Houlihan Lokey served as the exclusive financial advisor to Nadella and its shareholders.
This transaction demonstrates Houlihan Lokey’s strength in the linear motion systems sector as well as the benefits of its international network, coupled with industry expertise. All these provided for achieving superior valuation and outcomes for the client.
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