No Result
View All Result
  • Private Data
  • Membership options
  • Login
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Home COUNTRY ITALY

The 101 Italian companies potential targets for private debt funds.

Bebeezby Bebeez
August 30, 2016
Reading Time: 3 mins read
in ITALY, PRIVATE DEBT
Share on FacebookShare on Twitter

graficoleanusHere you’ll find the way to reach a selection of 101 potential Italian industrial SMEs issuers minibond, a perfect target for private debt funds. The selection was made by setting criteria to identify the existence, on the one hand, of stable or growing revenues with discrete margins and good capacity of working capital management generating cash flow from operations; and on the other, the low availability of liquidity due to cyclical and not structural elements. The results of the selection are companies with revenues between € 20 and €200 million, with an EBITDA of at least € 3,000,000 and at least 7% of revenues and a debt / EBITDA ratio lower than 5. These criteria, are traditionally used to identify SMEs financially solid. But to these criteria, others have been added, aimed at identifying companies with clear financial need and likely ability to generate cash sufficient to meet its commitments: average time of collection and inventory management of less than 170 days, Leanus Score minor than 3 (algorithm that measures the economic balance, balance sheet and financial performance of the companies; the balance is perfect above 3), operating cash flow of at least one million euro. The selection was conducted on Leanus database, business information company founded by Alessandro Fischetti and Stefano Carrara, and the aggregate results are available online at www.facciamoparlareibilanci.com, once you have registered for free. The same exercise was conducted in early August to determine the position of the 101 SMEs perfect target for private equity funds. Considering the resulting 101 SMEs potential issuers minibond, as many as 42.6% are based in Lombardy (43),  12.9% of the companies in Veneto (13), Tuscany (8), Piedmont (8) . At the tail end Campania with two (2) companies, Liguria (2) and Sicily (1). The average revenues is € 52.2 million with an increase of 9.0% from 2014. 30 companies have increased their turnover by more than 10%. The working cycle is on average equal to 77 days and the operating cash flow is always greater than one million euro with low available liquidity (2.13% of sales). To have a rather detailed list of the companies in question, just register for free on www.facciamoparlareibilanci.com site and then activate the Premium profile, by clicking on “Strumenti” in the top bar and then “Upgrade Profilo Premium”. Click here to find out the advantages and discounts for the BeBeez users. The overall profile of the companies that meet the criteria considered to be included among the potential targets for minibond fund is likely to be attractive for any traditional finance provider with a big competition between funds and banks, particularly now, with the italian banks rich in cash. In fact, if on one hand the instrument of minibond was created to facilitate the access to credit for companies in temporary difficulty and thereby obliged to look for alternative solutions to traditional credit, the search parameters used by private debt funds are identical, sometimes more selective, if compared with those used by banks and financial institutions. The result is that, except in exceptional cases, the hunt has always the same prey: good companies (not very interested in finance, but sometimes only searching a higher visibility) or companies in mild financial stress that can now choose from the various instruments (including minibond) made available by the financial system.

Gateways to Italy

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

by Partner
June 6, 2023

Sign up to our newsletter

SIGN UP

Related Posts

Phononic Vibes targets a 20 million turnover ahead of M&A growth, CEO says
FINTECH

Phononic Vibes targets a 20 million turnover ahead of M&A growth, CEO says

July 1, 2025
Italy’s angels & incubators and venture capital weekly roundup. News from BeDimensional, The European Investment Bank, CDP, Eureka! Venture, NovaCapital, Pellan Italia, and more
FINTECH

BeDimensional to launch a 20 million euros round, CEO says

July 1, 2025
PRIVATE DEBT

Iomart secures £115 million credit facility

July 1, 2025

ItaHub

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Italy’s SMEs export toward 260 bn euros in 2025

Italy’s SMEs export toward 260 bn euros in 2025

September 9, 2024
With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

April 23, 2024
EU’s AI Act, like previous rules on technology,  looks more defensive than investment-oriented

EU’s AI Act, like previous rules on technology, looks more defensive than investment-oriented

January 9, 2024

Co-sponsor

Premium

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

March 6, 2025
Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

February 10, 2025
Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Venture capital investments top €1.3bn in 208 rounds as of Sep30  in Italy. They were €1.5 in all 2023. The new BeBeez Report

Venture capital investments top €1.3bn in 208 rounds as of Sep30 in Italy. They were €1.5 in all 2023. The new BeBeez Report

October 28, 2024
Next Post

HIG Capital sells International School Group of Europe to Inspired.

New hearing at Bergamo's Court next September 22nd for distressed paper manufacturer Cartiere PIgna

EdiBeez srl

C.so Italia 22 - 20122 - Milano
C.F. | P.IVA 09375120962
Aut. Trib. Milano n. 102
del 3 aprile 2013

COUNTRY

Italy
Iberia
France
UK&Ireland
Benelux
DACH
Scandinavia&Baltics

CATEGORY

Private Equity
Venture Capital
Private Debt
Distressed Assets
Real Estate
Fintech
Green

PREMIUM

ItaHUB
Legal
Tax
Trend
Report
Insight view

WHO WE ARE

About Us
Media Partnerships
Contact

INFORMATION

Privacy Policy
Terms&Conditions
Cookie Police

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHub
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • Login
  • Cart