{"id":42026,"date":"2026-07-08T15:54:42","date_gmt":"2026-07-08T14:54:42","guid":{"rendered":"https:\/\/www.alantra.com\/?post_type=ib-transaction&p=42026"},"modified":"2026-07-08T15:54:42","modified_gmt":"2026-07-08T14:54:42","slug":"ethica-global-investments-sell-side-advisory-weblade-igi-private-equity","status":"publish","type":"ib-transaction","link":"https:\/\/www.alantra.com\/fr\/ib-transaction\/ethica-global-investments-sell-side-advisory-weblade-igi-private-equity\/","title":{"rendered":"Alantra advises Ethica Global Investments and WeBlade\u2019s shareholders on the sale of WeBlade to IGI Private Equity"},"content":{"rendered":"\n

Milan \u2013 <\/strong>Alantra has acted as joint financial advisor, alongside Ethica Group\u2019s M&A Advisory team, to Ethica Global Investments and the other shareholders of WeBlade, a leading European manufacturer of compressor and turbine blades for the power generation industry, on the sale of a majority stake in the company to IGI Private Equity.<\/p>\n\n\n\n

IGI is investing through the IGI Sustainable Transition Fund, with LGT Capital Partners, Cr\u00e9dit Agricole Italia through Amundi Private Equity Italia, and BNP Paribas BNL Equity Investments participating as co-investors. WeBlade\u2019s management team reinvested alongside IGI and will continue to lead the group.<\/p>\n\n\n\n

Formed through the integration of DOM S.r.l. and C-Blade S.p.A., WeBlade combines forging, precision machining and finishing capabilities for gas and steam turbine blades. The group supplies leading OEMs and aftermarket service providers worldwide and operates in a high-barrier segment where engineering know-how, certifications and proprietary tooling are key differentiators. In 2025, WeBlade generated c.\u20ac41mn of revenue and more than \u20ac10mn of EBITDA, with c.185 employees across three owned production sites in Northern Italy.<\/p>\n\n\n\n

The transaction supports WeBlade\u2019s next phase of growth as a supplier of outsourced turbine blades, with a focus on further industrial integration, OEM relationships, aftermarket expansion, forging capacity and international growth, including in the U.S.<\/p>\n\n\n\n

Stefano Bellavita<\/a>, Executive Chairman & Managing Partner at Alantra Italy, said: \u201cWeBlade is a high-barrier industrial platform serving a critical segment of the power generation supply chain. We supported the shareholders throughout the transaction, combining power generation sector expertise with coordinated execution across our Italian and U.S. teams.\u201d<\/p>\n\n\n\n

Wade Aust<\/a>, Managing Partner and Chairman of Alantra US, said: \u201cWeBlade is well positioned to benefit from increasing demand for qualified outsourced turbine blade capacity, supported by its integrated forging and machining capabilities and relationships across OEM and aftermarket channels, and strong potential to expand its international footprint, particularly in the U.S. market.\u201d<\/p>\n\n\n\n

This transaction further strengthens Alantra\u2019s power generation and rotating equipment track record, including advising Allied Power Group<\/a> on the acquisition of EthosEnergy\u2019s Generator division assets, advising Mangrove Equity Partners<\/a> on the sale of PowerParts Group to JLL Partners and advising TOPS Field Services<\/a> on its sale to Capstreet, as well as Alantra\u2019s relationship with European private equity clients in Italy, following its recent advisory role to Argos<\/a> on the acquisition of STAR7.<\/p>\n\n\n

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\n View Italy <\/span><\/a>\n View Industrials <\/span><\/a>\n <\/div>\n <\/div>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Milan \u2013 Alantra has acted as joint financial advisor, alongside Ethica Group\u2019s M&A Advisory team, to Ethica Global Investments and the other shareholders of WeBlade, a leading European manufacturer of compressor and turbine blades for the power generation industry, on the sale of a majority stake in the company to IGI Private Equity. IGI is […]<\/p>\n","protected":false},"featured_media":42034,"parent":0,"template":"","meta":{"_acf_changed":true},"country":[22],"ib-service":[94],"sector":[54],"class_list":["post-42026","ib-transaction","type-ib-transaction","status-publish","has-post-thumbnail","hentry","country-italy","ib-service-ma","sector-industrials"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.alantra.com\/fr\/wp-json\/wp\/v2\/ib-transaction\/42026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.alantra.com\/fr\/wp-json\/wp\/v2\/ib-transaction"}],"about":[{"href":"https:\/\/www.alantra.com\/fr\/wp-json\/wp\/v2\/types\/ib-transaction"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.alantra.com\/fr\/wp-json\/wp\/v2\/media\/42034"}],"wp:attachment":[{"href":"https:\/\/www.alantra.com\/fr\/wp-json\/wp\/v2\/media?parent=42026"}],"wp:term":[{"taxonomy":"country","embeddable":true,"href":"https:\/\/www.alantra.com\/fr\/wp-json\/wp\/v2\/country?post=42026"},{"taxonomy":"ib-service","embeddable":true,"href":"https:\/\/www.alantra.com\/fr\/wp-json\/wp\/v2\/ib-service?post=42026"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/www.alantra.com\/fr\/wp-json\/wp\/v2\/sector?post=42026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}