Ravenna Civitas Cruise Port (RCCP), a joint venture of Royal Caribbean Group and Cruise Terminals International (Cti), will receive the support of KommunalKredit Austria and Banca Finanziaria Internazionale for developing Porto Corsini, a 35 million euros worth project (see here a previous post by BeBeez). RCCPR received a 33 years concession for the project from Autorità di Sistema Portuale del Mar Adriatico Centro-Settentrionale. Cti belongs to iCon Infrastructure. Gianni&Origoni and ValeCap assisted Ravenna Civitas Cruise Port, iCon Infrastructure and Royal Caribbean Group. Ashurst supported the lenders.
Dumarey Flowmotion Technologies (DFT), an Italian automotive company, received from UniCredit two financing facilities a total of 15 million euros for which SACE provided a 70% warranty (see here a previous post by BeBeez). Riccardo Toncelli is the ceo of DFT, part of Belgium’s Dumarey (fka Punch), which received a loan of 5 million and another of 10 million, both with a 7 years tenure, for its organic development and CSR. The company committed to implement corporate welfare strategies in the next three years. Pierpaolo Antonioli acts as ceo of Dumarey Automotive Italia and as cto of Dumarey.
ICR – Industrie Cosmetiche Riunite, received a 10 million euros financing facility from Intesa Sanpaolo while SACE provided a warranty (see here a previous post by BeBeez). ICR will invest such resources in its organic growth. The company owns 2% of its own shares while chairman and founder Roberto Martone has 90% and Marzia Letizia Cantone has 8%. ICR has sales of 166 million, an ebitda of 13 million and a net financial debt of 14.6 million.
Eurazeo provided Sagard MidCap with an unitranche financing facility for acquiring 70% of Venpa, a firm for renting aerial platforms that owns GV3 (see here a previous post by BeBeez). Orrick and Andpartners assisted Eurazeo. Sagard Midcap retained Advant NCTM and KPMG. Venpa previously belonged to Qcapital (42.5% since 2021) and the Pege and Piovan Families (56.78%) that kept a 30% and the firm’s management. Emanuela Pege is the ceo of Venpa which has sales of 42.3 million euros, an ebitda of 9.2 million and a net financial debt of 15.48 million. The company aims to grow further through acquisitions. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Sagard, QCapital and Venpa. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Quaestio launched Quaestio Insurance Linked Securities Allocation Fund, a vehicle that Davide Saccone manages for investing in Insurance-Linked Securities (ILS) through listed and unlisted instruments with 130 million euros of assets under management (see here a previous post by BeBeez). Such a strategy is suitable for UHNWIs and institutional investors that aim to benefit of attractive distribution policy and return prospects. Christian Prinoth and Alberto Massa are the Chief Investment Officer andHead of Sales & Marketing of Quaestio which has a total of 14.5 billion of assets under management. Quaestio belongs to Dea Capital (38.82%), Fondazione Cariplo (34.02%), Direzione Generale Opere Don Bosco (11.98%), Cassa Italiana di Previdenza ed Assistenza dei Geometri Liberi Professionisti (10%), and Fondazione Cassa dei Risparmi di Forlì (5.18%).
