ICOP to Acquire Atlantic GeoConstruction Holdings


1 minute read | February.24.2025

I.CO.P. S.p.A. Società Benefit (“ICOP”), a leading underground engineering company listed on Euronext Growth Milan and a key player in Europe’s special foundations and microtunneling sector, recently announced its agreement to acquire Atlantic GeoConstruction Holdings, Inc. (“AGH”) a U.S. leader in geotechnical solutions.

Expected to close in April 2025, this cross-border acquisition marks a pivotal moment in ICOP’s global expansion, enabling ICOP to enter and compete in the U.S. market and significantly accelerating its growth. In line with the company’s IPO strategy, this deal strengthens ICOP’s capabilities as a global leader in foundation engineering, allowing it to expand capabilities, enhance competitiveness and drive sustainable innovation.

Orrick represented ICOP.

Fabio Fauceglia and Spencer Cohen led the Orrick team that advised ICOP. The team included Leonardo Pinta, Stephen Chao, Kyle Zhu, Catherine Conners, Chiara Iannuzzi, Jason Flaherty, Karen Cannon, Steve Malvey, Kimberly Loocke, Craig Falls, Danielle Mangogna, Jeanine McGuinness, Allison Bradham, Matthew Coleman, Carly Owens, Sue Cowell, Jennifer Criss, Jose Lamarque, Ramon Galvan, Nicole Walsh, Emily Lewis, Christopher Giles and Millay Kogan.