Costa Edutainment

The Costa Edutainment Group is the Italian leader in theme parks and scientific parks. It manages AcquarioVillage in Genoa, the aquariums in Cattolica, Livorno and Cala Gonone, and is a partner in Civita Group, a company operating in Italy to protect and enhance Italy’s cultural heritage and environment. The Costa family, a name with deep roots in Italian industry, chose Palladio Corporate Finance as an advisor for a transaction that led to its ownership of Aquafan di Riccione and Oltremare Srl.

“We wanted to strengthen our leadership in the edutainment sector and the parks on the coast of Emilia Romagna represented a truly significant opportunity,” noted Giuseppe Costa, Chairman and CEO of Costa Edutainment. “We turned to Palladio Corporate Finance to manage this transaction because their knowledge, developed over the course of our long-standing relationship, would develop solutions that were consistent and functional for our objectives. We did not need to explain our strategy; Palladio’s team already knew it. They helped us develop a business plan and the financial transaction. A relationship that continually renews and confirms itself over time, much more than just consultants. We think of Palladio as our partner who listens to us and offers advice on our extraordinary transactions.”

“We were already very familiar with the objectives of Costa Edutainment and sought to find a match between supply and demand, representing our client’s interests,” confirms Matteo Giannobi, Managing Director of Palladio Corporate Finance. “We acted quickly and directly, as we were already aware of the margins that were available to us. It was a success story that strengthened an already solid relationship and opened new opportunities for future collaborations.”

The support of Palladio Corporate Finance resulted in an investment in the group’s share capital by VEI Capital for 16.45%.