Press roumours say that Forgital Italy’s advisors JPMorgan and Latham Watkins shortlisted Cinven, Stonepeak and Warburg Pincus for this stage of the auction (see here a previous post by BeBeez). Forgital is an Italian producer of big industrial components that Carlyle acquired in 2019 on the ground of an enterprise value of 950 million euros while this figure currently stands at 2 billion.
Partners Group may realize its investment in Italian ICT company Eolo and sell it to Fibercop and Open Fiber that are reportedly holding merger talks (see here a previous post by BeBeez). Luca Spada, Searchlight Capital Partners and Elmec Group sold a 75% of Eolo to Switzerland’s Partners Group for 1.3 billion euros. Open Fiber belongs to CDP (60%) and Macquarie (40%). Fibercop’s owners are KKR (37.8%), Abu Dhabi Investment Authority (17.5%), Canada Pension Plan Investment Board (17.5%), Italian Ministry of Economy and Finance (16%), and F2i (11.2%).
Ambienta sold Wateralia, a platform company for the water sector, to Fondo Ambienta IV and Fondo Ambienta Water Pumps (FAWP) through a single asset continuation deal (see here a previous post by BeBeez). StepStone Group and Lexington Partners are the lead investors of FAWP. Wateralia’s managers and the Caprari and Calpeda Families reinvested for a minority. Blackstone financed the transaction. Ambienta retained Lazard, Intesa SanPaolo, Kirkland & Ellis, Advant NCTM, Linklaters, Lincoln International, Roland Berger, Greenberg Traurig, Facchini Rossi Michelutti, and PwC. Wateralia has sales in the region of 300 million euros.
French ECM acquired a controlling stake of Italy’s VSM (Vacuum, Service & Maintenance), a producer of industrial machinery (see here a previous post by BeBeez). CastaldiPartners and Pirola Pennuto Zei assisted the buyers while Margherita Vanoli acted as public notary. VSM has sales of 2.3 million euros, an ebitda of 0.05 million and net debts of 0.078 million.
Columna Capital, an European lower mid-market private equity, opened its Milan bureau and appointed Gemma Quarendon as office manager (see here a previous post by BeBeez). The fund has bureaus in London, Lugano and Luxembourg. Rory Devlin, Vilmos Pongracz, Micheal Tose, and Andrea Frecchiami Columna in 2009. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Columna Capital and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Italian martech investment company i-RFK Next, a firm that Paolo Pescetto and Antonello Carlucci created, acquired 60% of Nuzo, an Italian digital marketing business that Cristian Iobbi and Michele Mangerini founded and of which now have 20% each (see here a previous post by BeBeez). Grimaldi Alliance assisted i-RFK Next and Banco BPM which financed the transaction. Studio Pavia e Ansaldo advised the vendors while Studio Notarile Prinetti Venditti e Associati acted as public notary.
NB Aurora Sicaf RAIF decided to delist from Milan market (see here a previous post by BeBeez). The deal should complete by the end of 2025.
Sinloc Investimenti received the authorization of Banca d’Italia for starting by 1Q25 the investment activities of Infrastructure & Transition Energy Fund (ITEF) (see here a previous post by BeBeez). In 2025, Sinloc may also launch a real estate fund with social impact.
Sviluppo Sostenibile, part of DeA Capital Alternative Funds, sold its 30% in OMB Saleri to German Findos Investor that also acquired a further 40% from the Saleri Family which retained a 30% (see here a previous post by BeBeez). Giananandrea Perco heads DeA which retained Pavia Ansaldo, METI Corporate Finance and Cerved (ESG rating). OMB Saleri has sales of 65.8 million euros, an ebitda of 4.4 million and a net debt of 11.5 million.
Impresoft, and ICT company that belongs to Clessidra Private Equity, Italmobiliare and Anima Alternative, acquired Italian competitor Nuovi S.O.C.I. (Nuovi Servizi per l’Organizzazione e la Consulenza Informatica) (see here a previous post by BeBeez). The target has sales of 1.4 million euros, an ebitda of 0.175 million and debts of 0.785 million. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Clessidra and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Italian investment firm Mittel attracted a delisting offer from the Stocchi Family and Colacicco Family (see here a previous post by BeBeez). The bidders aim to pay 1,75 euros per share for a total of 24.6 million euros with the support of lending banks.
White Bridge Investments (WBI) acquired the majority of Gruppo Fyeld, an aggregation platform for agricoltural machinery, from Hyle Capital Partners which will keep a minority (see here a previous post by BeBeez). Ethica Group, Vitale&Co, Hogan Lovells, KPMG, PriceWaterhouse Coopers, and ERM assisted the vendors. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors White Bridge Investments, Hyle Capital and their portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Italian businessman Flavio Briatore sold luxury Italian clubs’ chain Twiga to LMDV Capital, a single-family office that belongs to Leonardo Maria Del Vecchio (see here a previous post by BeBeez). Triple Sea Food (TSF), the leisure portfolio company of LMDV, will integrate Twiga and generate 50 million euros. The buyers retained PedersoliGattai and PwC. Briatore received assistance from EY and BonelliErede. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors LMDV and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Itelyum Regeneration, an Italian waste managemenet business that belongs to Stirling Square Capital and Deutsche Beteiligungs AG (DBAG) portfolio company Itelyum, said it acquired Serbian Jakob Becker d.o.o. – Ruma, and Croatia’s Jakob Becker d.o.o. – Gornja Vrba (see here a previous post by BeBeez). German Jakob Becker & Co sold the asset and received assistance from MMD Advokati. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Stirling Sqare and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Deutsche Beteiligungs (Dbag) acquired the majority of Great Lenghts B-Corp, an Italian B2B cosmetics company, from the Antonino Family that reinvested for a minority (see here a previous post by BeBeez). Great Lengths has sales of 23.5 million euros, an ebitda of 4.1 million and 1.1 million of net debts. Fabio Antonino is the company’s ceo.
