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F2A

Construction·Italy·Active·4yr hold
Entry
2022
Hold
4yr
Status
Active

Who owns F2A?

F2A is an Italian Construction company, now owned by SD Worx, which acquired it in 2024 from Ardian.

Garibaldi Participations and Siparex are still listed as investors in F2A, status not confirmed after the 2024 sale.

Hand-verified · updated 2026-04-21

Open JSON · CC-BY
Siparex
Most recent investor
Siparex
Fonds France Nucléaire 2 · 2025 · Buyout
5 ownership periods · full history below

Key facts

HQItaly
SectorConstruction
Key takeaways
  • ·Co-held by Garibaldi Participations and Siparex since 2022.
  • ·Average hold across 2 realized cycles: 6 years.
  • ·4 distinct PE sponsors across ownership cycles.

Ownership history

4 ownership periods · co-invest detected · 1 lender on file

Active
Co-held by Garibaldi Participations and Siparex since 2022.
Argos Wityu
Argos WityuExited 2016
2013 · 2016(3yr) · Argos Fund VI · 2015 · Buyout
Secondary · to Ardian

Argos Wityu sold F2A to Ardian in 2016 after 3 years.

Co-invest · 3 holders · 1 lender · 2016 · present
Ardian
ArdianExited 2024
2016 · 2024(8yr) · Ardian Expansion Fund IV · 2016 · Growth
Trade Sale · to SD Worx

Ardian sold F2A to SD Worx in 2024 after 8 years.

Siparex
SiparexActive
2022 · present(4yr) · Fonds France Nucléaire 2 · 2025 · Buyout
Garibaldi Participations
2022 · present(4yr) · Garibaldi Participations SCR · 2004 · Buyout
Capza
CapzaLender
2023 · present(3yr) · CAPZA 6 Private Debt · 2022 · Private Debt

Questions

Who owns F2A?

F2A is now owned by SD Worx, which acquired it in 2024 from Ardian. Garibaldi Participations and Siparex are still listed as investors in F2A, status not confirmed after the 2024 sale.

When did SD Worx acquire F2A?

SD Worx acquired F2A in 2024, buying from Ardian.

Who did F2A sell to?

Ardian sold F2A to SD Worx in 2024 (Trade Sale). Argos Wityu sold F2A to Ardian in 2016 (Secondary).

Who has owned F2A over time?

F2A has been through 5 private-equity ownership periods: Argos Wityu · via Argos Fund VI · 2013–2016 · sold to Ardian · (Secondary); Ardian · via Ardian Expansion Fund IV · 2016–2024 · sold to SD Worx · (Trade Sale); Garibaldi Participations · via Garibaldi Participations SCR · since 2022; Siparex · via Fonds France Nucléaire 2 · since 2022; Capza · via CAPZA 6 Private Debt · since 2023.

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