CVC Capital Partners is ahead of the other bidders for the acquisition of 30% – 40% of Italian healthcare firm Gruppo San Donato from the Rotelli Family for 2 – 3 billion euros (see here a previous post by BeBeez). Morgan Stanley is reportedly advising the vendors. Previous press reports said that the asset attracted the interest of Advent, Apollo Global Management, EQT, KKR, and HIG. Gruppo San Donato belongs to Giulia Rotelli (16.99%), Marco Rotelli (16.99%), Paolo Rotelli (16.99%), and Gilda Maria Castaldi (23.52%).
DexKo Global, a producer of industrial components that belongs to Brookfield Business Partners since 2021, said it acquired Italian competitor Cerma from the Ruozi Family which retained Baldi & Partners (see here a previous post by BeBeez). Chiomenti, Deloitte and Grant Thornton assisted DexKo. Cerma has sales of 9.2 million euros, an ebitda of below one million and a net financial debt of 2.2 million. Fred Bentley is the ceo of DexKo. Giovanni Pedrinoni is the ceo of Cerma.
Sources said to BeBeez that Italian FSI, a firm that Maurizio Tamagnini heads, sold 49.99% of Lynx, a provider of digital solutions for the finance, insurance and public administration sector, to ceo Amedeo Moretti (previous 42.5% owner) and coo Federico Moretti (7.5%) (see here a previous post by BeBeez). Carlyle Global Credit financed the transaction. Livingstone Partners, Banca Imi-Intesa SanPaolo and Dla Piper assisted FSI which will keep its role as the company’s strategic partner. Lynx has sales of 103.7 million euros, an ebitda of 22 million and net debts of 8 million.
Fiorini Industries, a provider of solutions for the HVAC sector that belongs to MCP (Mindful Capital Partners fka Mandarin Capital Partners) since 2023, acquired Italian competitor Lovato (see here a previous post by BeBeez). Michele Lovato, Daniela Lovato, Laura Lovato, and Davide Lovato retained Cube Advisory, Colombo Advisory, LCA Studio Legale, and Alberto Bellieni and will reinvest in Fiorini. LS Laghi & Partners assisted Fiorini Industries. Lovato has sales in the region of 14 million euros, an ebitda of 1.6 million and a net financial debt in the region of 0.5 million. L’integrazione delle d BeBeez Private Data, the private capital database of BeBeez and FSI, monitors. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
The Italian Ministry for Made in Italy (MIMIT) authorised Turkish Baykar MakinaSanayi Ve Ticaret Anonim Sirketi to acquire Piaggio Aerospace from Mubadala (see here a previous post by BeBeez).
Italian canned food company Solana, a portfolio asset of Xenon Private Equity, acquired Italian competitor Suncan from Roberto Politi (45.01%), Ranuzia Politi (44.99%) and ceo Antonio Casana (10%) (see here a previous post by BeBeez). Giovannelli e Associati assisted Solana. Gelmetti Studio Legale Associato, Deloitte & Touche, PricewaterhouseCoopers, and Greenwich advised Xenon. Suncan has sales of 6.6 million euros, an ebitda of 1.3 million and a net financial debt 2.4 million.
Cherry Bay Capital Group and other investors acquired a minority of Mech i Tronic (MIT) – Groupack, a platform for the mechatronic sector that Marco Giovannini launched (see here a previous post by BeBeez). Groupack has sales of 130 million euros. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Cherry Bay Capital Group 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
RedFish Listing Partners, a hoding of Paolo Pescetto and Andrea Rossotti for investing in listed SMEs or pre-IPOs, raised more than 1.5 million euros through a capital increase ahead of a listing on Düsseldorf market (see here a previous post by BeBeez).
Sources said to BeBeez that Farmfront, a portfolio company for agricultural solutions of Carlyle, acquired a 3.4% stake in BF International Best Fields Best Food for below 10 million euros (see here a previous post by BeBeez). BF retained Intesa Sanpaolo, L&C Consulting & Partners, Grimaldi Alliance, and Esiodo.
Finwave-OCS, a portfolio company of Apax Partners, and Milan-listed illimity Bank launched altermAInd, an IT company worth 120 million euros (see here a previous post by BeBeez). Finwave-OCS will hold 52% of the asset for which it paid 62.4 million. Andrea Pettinelli will act as executive chairman. Deloitte Legal and Deloitte Financial Advisor assisted illimity. Apax retained Advant NCTM, Ashurst and E&Y. Milan-listed TIP-Tamburi Investment Partners aims to raise its stake in Italian tour operator Alpitour by 6 February 2025 (see here a previous post by BeBeez). TIP has pre-empion rights for the asset of which it already owns 36%.
