Cospe

What Cospe does

COSPE S.r.l. is an Italian general contractor and real estate developer headquartered in San Paolo d'Argon, Bergamo. The company delivers end-to-end construction services — from feasibility and design through execution and post-completion maintenance — across commercial, industrial, residential, hospitality, and logistics asset classes. Its customer base spans enterprise corporates (e.g., Italtrans), diplomatic institutions (E.A.U. Embassy), hotel operators (Grand Hotel Portovenere, Life Source Hotel), and technology parks (Kilometro Rosso), with a project pipeline that has reached 747 completed sites and 34 ongoing works.

Operationally, COSPE relies on a lean internal team of 75 employees supplemented by 213 external collaborators, executing projects using BIM-based design (Revit), Industry 4.0 construction equipment co-funded by an EU regional grant, and a Business Intelligence platform for project monitoring. The firm holds ISO 9001, ISO 14001, and ISO 45001 certifications, alongside LEED/BREEAM compliance capability, which qualify it for institutional and regulated-environment tenders. A wholly-owned subsidiary, Keeping Srl, extends the offering into post-construction facility maintenance, generating recurring service revenue alongside project-based work.

The business model is project-based contracting combined with selected real estate development for own-account or co-investment yield. Revenue is generated through construction contracts (fixed-price general contracting) and, more recently, real estate development on land banks such as the €9.5M Mira Lanza site in Genoa where COSPE plans to deploy approximately €30M of capex. The company remains family-owned under sole director Alberto Pezzotta, with no institutional capital or external fund-raising to date. Reported revenue reached €54M in 2020 (up from €45M in 2019, +20% YoY), and the order book at that time exceeded a full year of revenue, signaling a structurally backlogged model.

Name

Cospe

Legal name

COSPE S.r.l.

Website

https://cospe.eu

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

COSPE S.r.l. is an Italian general contractor and real estate developer constructing and renovating commercial, industrial, residential, and hospitality buildings across Italy. Based in Bergamo under sole director Alberto Pezzotta, the firm delivers turnkey projects for enterprise, institutional, and hospitality clients.

Ownership category

akta.pro rank

Headquarters

HQ city

San Paolo d'Argon

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. General Contracting Services: COSPE builds and renovates commercial, industrial, and residential buildings as a general contractor, executing projects commissioned by clients. Revenue is generated through project-based fees for construction and renovation services.
2. Real Estate Development: COSPE acts as a real estate developer, designing and executing projects on its own behalf. Completed properties may be sold or leased, generating transaction-based revenue from property sales or rental income.
3. Maintenance Services: Post-construction maintenance services are provided through Keeping Srl, with major maintenance contracts covering commercial, industrial, logistics, and hospitality sectors, serving both COSPE-built facilities and third-party clients.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Cospe constructs and renovates commercial, industrial, and residential buildings throughout Italy, operating as both a general contractor for client-commissioned projects and as a real estate developer for its own proprietary projects. The company manages the full construction lifecycle from design through project management to supplier selection using an in-house qualified technical team. Ongoing maintenance services are delivered through its subsidiary Keeping Srl, covering commercial, industrial, logistics, and hospitality properties.

Product overview

COSPE is an Italian construction company that operates as both a general contractor and real estate developer, offering a portfolio of construction, renovation, and maintenance services across multiple building sectors. The core offerings include new construction of commercial, industrial, residential, and hospitality buildings throughout Italy, alongside renovation and conservative restoration services. The company also provides ongoing maintenance services through its subsidiary Keeping Srl. Notable projects include the E.A.U. Embassy restoration in Rome, Grand Hotel Portovenere renovation, Italtrans S.p.A. headquarters construction, and private villa projects. The company is investing in Industry 4.0 equipment (telehandlers, cranes, excavators) and Business Intelligence software to advance its operational capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• New Construction Services Construction of new commercial, industrial, residential, and hospitality buildings throughout Italy, delivered as a general contractor for client-commissioned projects and as a real estate developer for proprietary projects. Covers office buildings, corporate headquarters, industrial facilities, logistics warehouses, and private villas.
• Renovation and Restoration Services Renovation and conservative restoration of existing buildings, including commercial spaces, industrial facilities, residential properties, and heritage buildings. Specialist capability in heritage-sensitive restoration, evidenced by projects such as the United Arab Emirates Embassy restoration in Rome.
• Maintenance Services (via Keeping Srl) Ongoing post-construction maintenance and assistance for completed buildings, delivered through subsidiary Keeping Srl. Covers commercial, industrial, logistics, and hospitality sectors, serving both Cospe-built facilities and third-party-built properties.

Quantifiable outcome

• 747 completed construction sites across Italy
• +3 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Life SourceminorStrategic or Co-development Partner · 1 May 2020Life Source is the developer/owner of the Life Source Hotel under construction in Bergamo. COSPE Costruzioni collaborated with Life Source as construction partner on the hotel project and the associated #molamia community initiative, which raised funds for Covid-19 relief for Papa Giovanni XXIII Hospital.
• Italtrans S.p.A.coreStrategic or Co-development PartnerLong-standing strategic partnership with Italtrans, a logistics group based in Calcinate (BG). COSPE has built multiple facilities for Italtrans including their headquarters and the Mazzocco-operated logistics hub in Nichelino (TO). Italtrans is a major enterprise client with €290M revenue in 2019, specializing in end-to-end logistics, warehousing, transport, and distribution for large-scale retailers and home delivery across Italy.
• Domus Ing&ArchminorImplementation/ SI/ Consulting PartnerArchitecture and engineering firm based in Seriate that managed the land acquisition, project filings, and municipal relations for the Italtrans Nichelino project on behalf of COSPE.
• Finpiemonte Partecipazioni SpaminorOthersRegional holding company (Pegaso fund, Bank of Italy) from which COSPE acquired 41,000 sqm of industrial land in the Vernea industrial zone, Nichelino, for logistics development.
• Keeping SrlcoreStrategic or Co-development PartnerRelated-party company through which COSPE provides ongoing maintenance services for completed properties. Keeping Srl holds major maintenance contracts with leading groups in commercial, industrial, logistics, and hospitality sectors, serving both COSPE-built facilities and third-party clients.
• PublifarmminorOthersPartner whose logo appears on the COSPE website footer, suggesting a commercial or referral relationship in the pharmaceutical/healthcare construction sector.
• Municipality of GenoaminorStrategic or Co-development PartnerOngoing regular dialogue with the City of Genoa for the Mira Lanza area redevelopment project. Mayor Marco Bucci expressed confidence in COSPE's capabilities. The municipal administration is the permitting authority for the €30M+ project.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Italiana Costruzioni S.p.A. Rome-based general contractor delivering commercial, residential, and public-sector construction across Italy. Comparable mid-to-large Italian contracting footprint with similar mix of new construction and renovation work.
• Colombo Costruzioni S.p.A. Lecco-based general contractor executing commercial, industrial, and residential builds in northern Italy with a similar mid-market revenue profile to Cospe. Comparable scope, geographic overlap, and project-based delivery model.
• Pessina Costruzioni S.p.A. Italian mid-market general contractor and developer covering commercial, residential, and hospitality construction across northern Italy. Closely comparable to Cospe in size, dual contractor/developer model, and Lombardy-centric footprint.
• CMB - Cooperativa Muratori e Braccianti di Carpi: Cooperativa-based Italian general contractor delivering public, commercial, and residential construction nationwide. Similar mid-to-large contracting footprint and integrated project management approach make it a direct comparable for Cospe's general contracting work.
• I.CO.P. S.p.A. - Italian Constructions and Plants: Italian mid-market general contractor with civil, industrial, and infrastructure projects, listed and family-controlled similarly to Cospe. Directly comparable on project type, scale, and Italian-centric operations.
• Carron Costruzioni S.p.A. Treviso-based Italian general contractor and real estate developer active in residential, commercial, and renovation work. Directly comparable to Cospe in business model, dual contractor/developer positioning, and mid-market northern Italian focus.

Broad incumbents

• Webuild S.p.A. Italy's largest general contractor with global infrastructure and large-scale building operations. While far larger than Cospe, it is the strategic reference point for Italian contracting capability and project pipelines that Cospe's mid-tier operation aspires to feed into.
• Itinera S.p.A. Large Italian general contractor (part of the ASTM Group) operating across infrastructure, civil, and commercial buildings with significantly greater scale than Cospe. Overlaps with Cospe's commercial and industrial contracting and represents the scaled incumbent benchmark.
• Rizzani de Eccher S.p.A. Italy-based international contractor with general contracting and real estate development arms. Comparable in combining contracting with proprietary development, though operating at much larger scale and international footprint than Cospe.
• Trevi Group: Italian construction group covering foundations, civil works, and building construction. Provides a comparable specialty-contracting + general-contracting reference point, with overlap in industrial and infrastructure-adjacent projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Customer concentration

• YouTubeyoutube.com/channel/UC88Xk-QSiwLK1kU08Q_2jhw
• Facebookfacebook.com/cospecostruzioni
• LinkedInlinkedin.com/company/cospe-costruzioni
• Instagraminstagram.com/cospe_costruzioni/?hl=it

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cospe