
VENPA
Italian rental leader for aerial work platforms.
Date | Investors | Amount | Round |
---|---|---|---|
* | €800k | Early VC | |
Total Funding | 000k |
EUR | 2023 | 2024 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 35 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
% profit margin | 12 % | 4 % |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Company filings or news article
Venpa S.p.A. is a prominent Italian company specializing in the rental of construction site equipment, particularly aerial platforms, earthmoving machinery, and lifting equipment. Founded on January 12, 1981, by Paolo Pege and Giampaolo Piovan in Marghera, Venice, the company was a pioneer in introducing equipment rental services in Italy.
The company, now headquartered in Dolo (Venice), is the lead entity of the GV3 Group, a large network of rental companies. The group's business model is centered on providing short-term and long-term rental of its extensive fleet to clients in the construction, infrastructure, and shipbuilding sectors across Italy and internationally. Revenue is generated primarily through equipment rental fees, with options for both 'cold' (without an operator) and 'hot' (with a specialized operator) rentals. Venpa also offers complementary services, including technical assistance, maintenance, operator training, and equipment transport, creating additional revenue streams.
Venpa's history is marked by significant growth. A key milestone was the 2004 merger of Venpa3 Srl and Nolas Srl, which formed Venpa S.p.A. and solidified its leadership in Northern Italy. The company expanded into earthmoving equipment in 2006. The GV3 Group, which Venpa heads, now includes numerous other rental companies, boasting over 35 branches in Italy, 3 in Eastern Europe, and a fleet of over 6,000 vehicles. In 2024, the private equity fund Sagard MidCap invested in the group to support further growth, joining the founding Pege and Piovan families who remain involved in management.
Keywords: equipment rental, aerial platforms, construction machinery, earthmoving equipment, lifting solutions, mobile cranes, telescopic handlers, construction site services, equipment leasing, operator training, equipment maintenance, Italian rental market, infrastructure sector, shipbuilding support, rental fleet management, GV3 Group, hot rental, cold rental, construction support, access equipment