Italian diversified group De Agostini hired Mediobanca for exploring options for DeA Capital Alternative Funds (see here a previous post by BeBeez). The firm’s assets under management are worth 6 billion euros.
Cigierre-Compagnia generale ristorazione, a portfolio company of Bc Partners that owns Italian restaurant chains Old Wild West, Wiener Haus, Shi’s, America Graffiti, Smashie, and Pizzikotto, is of interest to Quattro R for a 20% stake (see here a previous post by BeBeez). Stefania Criveller is the coo of Cigierre.
Impresoft, an Italian ICT that belongs to Clessidra Private Equity, Italmobiliare and Anima Alternative, acquired Blulink, a 6 million euros turnover competitor (see here a previous post by BeBeez). The target previously belonged to Marposs (68%), ceo Bernhard Konzet (28%) and Claudio Ognibene (4%). BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Clessidra Private Equity, Italmobiliare, Anima Alternative, 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.
Investindustrial is close to acquiring a controlling stake of Milan-listed Piovan, an Italian provider of wharehousing systems for the food sector, said the company of 10 January, Friday (see here a previous post by BeBeez). The fund received the authorization from the Austrian authority for foreign investment for acquiring the subsidiaries of Piovan. The fund will launcha 14 euros per shares delisting offer on Piovan which has sales of 570.5 million euros, an adjusted ebitda of 78.9 million and a net financial debt of 57.8 million
Investindustrial opened a bureau in Abu Dhabi where eight professionals will work (see here a previous post by BeBeez). Investindustrial also received the authorization to operate from Financial Services Permit dalla Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) for which Arvind Ramamurthy acts as chief market development officer. E Andrea C. Bonomi heads the Advisory Board of Investindustrial. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Investindustrial 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.
By 2028, Italian food company Sammontana Italia aims to double its sales that are currently in the region of 1 billion euros, ceo Alessandro Angelon said (see here a previous post by BeBeez). The company aims to carry on acquisitions in USA, France and the DACH area ahead of launching an IPO. Investindustrial has a minority of the business.
Laminam, an Italian tiles company that belongs to Alpha Private Equity since 2019, said it acquired Iberstone, its products’ distributor in Spain, from the Zapatero Family that retained a minority (see here a previous post by BeBeez). BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Alpha Private Equity 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
Kintek, an Italian producer of industrial components that belongs to Aksìa, said it acquired Italian competitor Mictu (see here a previous post by BeBeez). Kintek retained EY, Dusano Consulting, Giliberti Triscornia e Associati, and ERM. Banco BPM and Banca Sella financed the transaction and received assistance from Dentons. Mictu hired Novassociati and MDA. NOVAdvisory originated the deal. Arrigo Roveda acted as public notary. Aksìa acquired the majority of Kintek from OMH4 in 2023. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Aksìa 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
Namirial, a platform company of Ambienta for e-filing and digital billiong, acquired Italian competitor ICT Digital Technologies – BCorp (see here a previous post by BeBeez). The target has sales of 10 million euros, an ebitda of 1.5 million and net debts of 2.2 million. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Ambienta 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
Donati, a distributor of components for lifts and escalators that belongs to EOS Investment Management (EOS IM), acquired Belgium competitor Elvacenter from Melvin Kool and Alex Deconynck (see here a previous post by BeBeez). SIMEST supported Donati with a 3 million euros investment. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors EOS IM 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
Azimut Libera Impresa sgr (Gruppo Azimut) sold 65% of Sicer, an Italian chemical company, to Gianfranco Padovani (executive chairman), Giuliano Ferrari (ceo), Marco Eumenidi (head of sales), and minority investor Ardian (see here a previous post by BeBeez). Mediobanca, PedersoliGattai, Studio legale Sutich Barbieri Sutich, Advancy, KPMG, Gitti&Partners, Abaco Commercialisti Associati, Poggi&Associati, Ramboll, and Mactavish acted as buyside advisors. Azimut retained DC Advisory and Studio Giovannelli e Associati. Sicer hired OC&C and EY and has sales of 123 million euros, an ebitda of 25 million and a net financial debt of 23.6 million. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Ardian 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
Sources said to Bebeez that NB Aurora Sicaf RAIF may complete its delisting in April and that is going to pay dividends and carrying on acquisitions with the resources that fetched out of the sales of Veneta Cucine, BluVet and Club del Sole (see here a previous post by BeBeez). Press reports said that NB Aurora is in advanced talks for acquiring Osteria da Fortunata, an Italian restaurant chains that has sales of 23.6 million euros, an ebitda of 3.5 million and net debts of 2.2 million. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors NB Aurora 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
PM & Partners signed a binding agreement for acquiring the majority of Montana, an Italian consultancy firm for environmental engineering (see here a previous post by BeBeez). Gianluca Moro, and the managers sold part of their stakes. The ceo Laura Conti will keep her role and a 35%. PM & Partners retained Ughi e Nunziante Studio Legale, Arthur D. Little and EY. The vendors hired PedersoliGattai and Advant NCTM. Banca Popolare di Sondrio financed the transaction and received assistance from Russo De Rosa Associati. Studio Milano Notai acted as public notary. Montana has sales of 11.9 million euros, an ebitda of 3.2 million and net debts of 0.696 million
Investcorp signed a binding agreement for acquiring Epipoli, an Italian fintech for prepaid cards, engagement and couponing systems, from Bregal Milestone and Gaetano Giannetto, the target’s ceo and founder who will keep his role and a minority stake (see here a previous post by BeBeez). Bregal Milestone and Epipoli retained UBS, PedersoliGattai and Alma LED. Clearwater and ADVANT Nctm assisted Investcorp. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Investcorp 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.
Pillarstone may suspend the sale plan for Italian ICT Sirti, a 900 million euros turnover company, and explore options for Sirti Telco Infrastructures and Sirti Digital Solutions (see here a previous post by BeBeez). Pillarstone also hired Michele Scibetta as Sirti’s ceo in view of a strategic focus on cybersecurity services. The manager replaced Laura Cioli who completed Sirti’s turnaround and received from BeBeez and Di Luccia & Partners a Private Equity Backed Managers Award 2024.
Plenitude, a subsidiary of Milan-listed ENI, acquired 64% of Tate, an Italian energy tech company, for an undisclosed value (see here a previous post by BeBeez). Matteo Riffeser Monti (33.01% owner before this sale), Alexander Frizzi (7.67%), Mattia Lobertini (4.13%), Micael Saillen (4.15%) founded Tate in 2018 with the support of Nana Bianca (15.04%), a firm that Paolo Barberis created. Plenitude retained Greenberg Traurig Santa Maria while BL assisted the vendors.
Fondo Italiano Agri & Food (FIAF), a vehicle of Fondo Italiano d’Investimento, said it acquired the majority of Italian packaging company Scatolificio del Garda for 15 million euros from the Sandri Family (see here a previous post by BeBeez). Luca Sandri will keep his ceo role while Stefano Zardini will act as coo. Fondo Italiano d’Investimento retained PedersoliGattai, PwC, Goetzpartners, Tauw, Marsh, and Russo De Rosa Associati. Scatolificio del Garda received assistance from Bonanno Associati, EY, Studio Righetti & Associati, and TP Legal. The company has sales in the region of 45 million euros, an ebitda of 7.6 million and a net debt of 5.5 million. Fondo Italiano said that Scatolificio del Garda aims to grow through acquisition in Italy and abroad.
Sources said to BeBeez that UniCredit signed an exclusive agreement with Quant>ICO, a firm that Paolo Langè founded, for allowing the bank’s Uhnwi clients to invest in club deals (see here a previous post by BeBeez). Langè previously worked as ceo of Cordusio sim and acts as senior advisor of Unicredit Group Wealth Management since 2020. Antonio Da Ros will head Quant>ICO.
Finnish club deal TL Capital OY acquired 10% of Italian minor football team AC Crema 1908 (see here a previous post by BeBeez). Mirko Saimir Karaj is the target’s chairman. TL Capital received assistance from MergersCorp. Crema Calcio has sales of little above 0.845 million euros and losses in the region of 0.02 million.
Milan-listed RedFish LongTerm Capital joined the American Chamber of Commerce in Italy as supporter for boosting Movinter’s expansion in USA (see here a previous post by BeBeez). Movinter is an Italian provider of solutions for the railway sector that has sales of 26 million euros, an ebitda of above 2.1 million and a net financial debt of more than 3.2 million.
Sources said to BeBeez that Aviva Investors raised from 35% to 45% its stake in Innovo Renewables (see here a previous post by BeBeez). Rodolfo Bigolin (29.95%) and Gromet (15.78%) are Innovo further owners. Daniela Verga (50.2%) and Massimo Pollio (49.8%) are the shareholders of Gromet. Angenika Kunne is the head of Infrastructure Equity of Aviva Investors.
Three Hills Capital Partners (THCP) aims to raise 200 million euros for an ESG fund that will invest (see here a previous post by BeBeez). The vehicle will target UK and European companies with a turnover of 15 – 100 million and invest 10 – 30 million in each deal, ESG head Stefanie Kneer and managing director Barbara Roversi said.
