Excellera Advisory Group, first consolidated financial statement shows revenues of €25.5m

Excellera Advisory Group, the new Italian group specializing in government affairs and reputation management consulting, born from the merger between Cattaneo Zanetto & Co. and Community, has approved its first consolidated financial statement.

The Group’s revenue for 2022 was €25.5 million, with a team of 140 professionals spread across offices in Rome, Milan, Treviso, and Brussels, and served more than 300 clients. These are the figures of the new holding company, established in October 2022, with the strategic and financial support of Xenon Private Equity, positioning itself at the forefront of the industry in Italy. The first three months of 2023 already show an 8% growth compared to the previous year; the objective is to continue along this path, also thanks to new acquisitions that will allow the Group to compete, as a leader, in Europe.

Gianfranco Piras, Chairman of Excellera Advisory Group: “The first quarter of Excellera confirms the soundness of our choice. We strongly believe in this operation not only because the companies involved are national champions in their respective sectors, but mainly because this has allowed Xenon to be the first equity fund to invest in corporate affairs in Italy. We are already in the lead, but our goal, the one we are all diligently working towards, is to grow a national player that is unprecedented in terms of size and value of the actors involved.”

For Alberto Cattaneo, Claudia Pomposo and Paolo Zanetto of Cattaneo Zanetto & Co.: “The first months of Excellera’s life are already telling us the value of the project and all the people contributing to its success. With the birth of the Group, we decided to provide clients with a team of consultants who can guide them in contiguous fields and increasingly compete on the international markets. The goal today is to make Excellera a real platform on which to build excellence in the sector, both in Italy and abroad, by bringing together other advisory champions.”

Auro Palomba, CEO of Community: “We are very pleased with the initial results achieved by the Group. When we joined forces with Cattaneo Zanetto & Co., the goal was to offer clients an even more complete and structured service in the management of communication strategies, reputation, and relations with institutions and politics. The synergies activated in these months have already borne fruit; Excellera is growing, and our professionals are acquiring a greater cross-disciplinary skillset to better address any situation, both from a media communication and institutional relations perspective.”