Referenssi

QuattroR invests in Next Different Group through a capital raise

Referenssi

QuattroR invests in Next Different Group through a capital raise

Sell-side and Debt Advisory

Undisclosed

Rooli

Adviser to the shareholders of Next Different in the capital raise by QuattroR fund

Sektorit

Teknologia ja teknologiapalvelut

Alue

Italia

We have advised the Next Different Group (NextDifferent) in the transaction that saw the QuattroR SGR S.p.A. (QuattroR) fund acquire a stake in the company, with the aim of accelerating its industrial development and strengthening its leadership in the integrated communications market.

The capital increase, for a total value of €20m, sees QuattroR join the current shareholders of NextDifferent, SAE Group, Marco Ferrari (Next24), Davide Arduini and Andrea Cimenti, with SAE Group retaining control through a holding company representing the current shareholders.

QuattroR's entry into NextDifferent represents a further strategic step in the growth path that began in October 2024, when, with the support of Gruppo SAE, Next14 (already assisted by Clearwater) and Different created NextDifferent, an integrated Italian hub specialising in digital marketing and communication. The current transaction, carried out through a capital increase, represents the natural evolution of that industrial project, aimed at strengthening the group's structure and supporting its growth plan, including through strategic acquisitions already identified and consistent with the management's long-term vision.

NextDifferent, founded in 2024 with the support of the SAE Group, combined the knowledge of Next14, a leader in the provision of strategy and planning services in the field of high-tech media, with the expertise of Different, one of the leading national players in the fields of creativity, events, loyalty, research and PR. The Group, which currently has a turnover of around €80m, aims to double its turnover in the three-year period 2026-2028 through both organic growth and M&A transactions.

With this latest transaction, we have now completed seven transactions in the communications and marketing sector, a track record that demonstrates the solidity of the vertical expertise we have built and consolidated over the years and confirms our position as a key partner for the sector.

We have also been involved in the transaction as debt adviser to NextDifferent and QuattroR, supporting them in raising additional financing and updating the terms and conditions of the existing facilities to align with the new governance and the Group’s needs.

Team

Bringing together entrepreneurs in the communications sector who share a common vision and values, and who are united by the ambition to develop a significant Italian company in our sector, capable of promoting talent and expertise. Our goal is clear, and QuattroR's entry is a fundamental step in this direction, because in addition to their investment capacity, they bring fundamental experience and expertise to Next Different. We are grateful and honoured by their trust.

Marco Ferrari, CEO, Next Different
Team

The NextDifferent Group is a success story, and this investment fits perfectly with our philosophy of supporting and promoting leading Italian companies in a strategic sector of the country's economy. We are enthusiastic about working alongside the Sae Group and its manager-entrepreneurs, with whom we aim to support an ambitious phase of acceleration in the group's national and international development, through both internal and external growth.

Stefano Cassina, Senior Partner, QuattroR

We are proud to have supported Next Different in a transaction that consolidates the growth trajectory of one of the most interesting projects in the Italian communications landscape. QuattroR's entry represents recognition of the value generated in this first year and the start of a new phase of development for the group. This is a further step in a journey that began in October 2024, when – again with the support of Clearwater – Next14 and Different, together with the SAE Group, created a new Italian communications hub. Working alongside Next14 in both transactions confirms the strength of a professional relationship built over time, based on trust, shared objectives and a common vision for growth.

Andrea Pagliara, Managing Partner, Clearwater

Neuvonantajat

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