Bain Capital is exploring options for Italmatch Chemicals on the ground of an enterprise value of 1.5 billion euros (see here a previous post by BeBeez). Italmatch has sales of 695 million euros, an adjusted ebitda of 140 million and a net financial debt of 582 million. Bain Capital also appointed Ivano Sessa as the new co-head of private equity for Europe (see here a previous post by BeBeez). Sessa will work with Stuart Gent.
Milan-listed TIM accepted to delay to the middle of March the deadline for selling Sparkle to the Italian Ministry of Economy and Finance (MEF) and Retelit, a portfolio company of Asterion Industrial Partners which tabled a 700 million euros binding bid in December 2024 (see here a previous post by BeBeez). The closing delayed as the bidders didn’t sign yet for a 600 milliol loan.
Genetic, a portfolio company of CVC for which Rothschild is auctioning the sale of a 60% stake, attracted the interest of Charterhouse Capital Partners, Permira, Nb Renaissance, BCPartners, and other bidders (see here a previous post by BeBeez). Rothschild expects to receive the binding offers by the end of February febbraio. Genetic’s enterprise value amounts to 700 million euros and the Pavese Family aims to keep a role in the company which has sales of 112.4 million, an ebitda of 41.1 million, net profits of 3.5 million, a net financial debt of 47.6 million, and equity of 151.4 million. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors CVC 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
Enilive, part of Milan-listed Eni, hired Natixis for selling 49% of its subsidiary Enibioch4in (see here a previous post by BeBeez). The stake is of interest to Infranity, Vauban Infrastructure Partners, I Squared, Ancala Partners, DWS, Macquarie, Asterion, and HitecVision.
Milan-listed Banca Generali successfully concluded the public offer that in September 2024 launched on Intermonte sim as it raised 95.932% of the target (see here a previous post by BeBeez). Banca Generali paid Intermonte Sim 3,04 euro per share cum dividendo for a total of 98.2 million euros which is 2.1X equity and 39X the net profits.
Investindustrial signed an agreement for acquiring the majority of Asociación de Industrias Alicantinas del Helado y Derivados – Grupo Alacant, a Spanish producer of ice creams, for undisclosed terms (see here a previous post by BeBeez). Investindustrial retained Banco Santander, White & Case, and KPMG. The vendors received assistance from Arcano and Garrigues. Alacant has sales of 225 million euros. 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
Italian martech Retex successfully closed the public offer it launched on 15 November 2024 on Spain’s Tier1 Technology at 3 euros per share (see here a previous post by BeBeez). FSI has 80% of Retex.
French Senstronic, a portfolio company of Andera Partners, acquired Italian competitors Selet Sensors and LCA Ballauri (see here a previous post by BeBeez). Selet Sensors previously belonged to Luisa Milani (26%), Riccardo Vana (26%), Massimo Vana (16%), Ida Vana (16%), and Paolo Vana (16%). LCA former owners are Ugo Bellauri (70%), Wanda Fatavano (15%) and Carlo Bellauri (15%) who kept a minority and became the coo of the company. Andera Partners and Senstronic retained Ethica Group, Pavesio e Associati and Grant Thornton. Gianni & Origoni advised Selet while Studio Legale Badellino Appendino assisted LCA Ballauri.
Vesper Next Generation Infrastructure Fund I SCSp completed 60% of its fundraising target as it achieved more than 570 million euros of assets under management (aum) after havng attracted the resources of the European Investment Fund (75 million), Generali Lion River, Mediobanca, Italian pension funds, and international family offices (see here a previous post by BeBeez). The vehicle belongs to Vesper Infrastructure Partners, a firm that Alfredo De Falco, Livio Fenati, Paola Rastelli, Giacomo Rossi, Guillermo Royo-Villanova, and Olaf Nordmeyer created in 2022.
Mercitalia Logistics, a subsidiary of Italian railway company FS-Ferrovie dello Stato Italiane, is close to acquiring up to 30% of CFI-Compagnia Ferroviaria Italiana, an Italian competitor, and signing a call option on further shares (see here a previous post by BeBeez). The target belongs to F2i and Giacomo Di Patrizi acts as ceo. Mercitalia Logistics has a turnover of 60.6 million euros, an ebitda in the region of 2.1 million and net cash in the region of 0.723 million.
On 25 January, Saturday, Fibonacci, an Italian ICT company that belongs to Apax Partners, said it acquired Quid Informatica and its subsidiary Cabel Industry from 55% owner Equinox (see here a previous post by BeBeez). Stefano Bertoli (ceo), Massimo Barucci (coo) and Andrea Castiglione (ceo of Cabel) will keep their role and reinvest in the company. Bertoli will also act as the chairman of Fibonacci which has sales of above 210 million euros. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Apax 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
Argos Climate Action, an Argos Wityu’s vehicle Art 9 SFDR compliant with a focus on the Italian SMEs energy transition, raised 337 million euros, 12% above the set target (see here a previous post by BeBeez). The fund will invest equity tickets of 15 – 80 million euros in targets with an ebitda of 5-25 million and an enterprise value of 25 – 150 million. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Argos Wityu 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
Equita Green Impact Fund (EGIF), a vehicle of Milan-listed financial services firm Equita Capital that Balthazar Cazac heads, raised 140 million euros (see here a previous post by BeBeez). Matteo Ghilotti is the ceo of Equita.
Alchimia, an investment holding that Paolo Barletta created and in which invested Nicola Bulgari and Danilo Iervolino, will focus on managing its portfolio (see here a previous post by BeBeez). Sources said to BeBeez that Marcello Tedeschi left Alchimia as he’s launching a new alternative investments firm.
J. Jardin, an investment holding for the fashion sector that Massimo Di Amato created, signed a binding agreement for acquiring 70% of children clothes manufacturer Nanàn from the Bulgari Family that will keep a minority (see here a previous post by BeBeez). The vendors have 4.27% of J. Jardin.
Deda Next, a subsidiary of Dedagroup, acquired Italian strategic management consultancy firm with a focus on the healthcare sector Innovo from ceos Paolo Giraudo (70%) and Elisa Ervas (30%) (see here a previous post by BeBeez). Innovo has a turnover of 0.671 million euros, ebitda of 0.168 million and net cash of 0.214 million.
Qatar’s Mayhoola for Investments appointed Riccardo Bellini as managing director (see here a previous post by BeBeez). Bellini previously worked as ceo of Chloé (part of Richemont) and Maison Margiela (Only The Brave). He will report to Mayhoola’s chairwoman and ceo Rachid Mohamed Rachid.
MSA Mizar, a porvider of BPO services for the insurance sector that belongs to Columna Capital since 2022, acquired French competitor IMS (see here a previous post by BeBeez). The target has a turnover of 3.4 million euros. Giovanni Campus is the CEO of Mizar which has revenues of 64.2 million, an ebitda of 13.5 million and net cash of 23.8 million.
Burger King Restaurants Italia (BKRI) acquired a chain of Burger King shops in the North Eastern Italian region of Veneto from Gash (see here a previous post by BeBeez). Curtis, Mallet-Prevost, Colt & Mosle LLP advised BKRI while Gash retained Studio Necchio and Pirola Pennuto Zei & Associati. BKRI has sales of 112.8 million euros, an ebitda of minus 5.76 million and net cash of 3.4 million. The firm belongs to Burger King SEE, a company of QSR Platform Holding (QSRP), a portfolio asset of Kharis Capital. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Kharis 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
Mech-i-Tronic (MIT) – Groupack, a platform company for the mechatronic sector that Marco Giovannini launched with the support of Equilybra X and Cherry Bay Capital Investment Club, acquired French SMP Moules and Ermo Holding (see here a previous post by BeBeez). Maurizio Delnevo and Bertrand Hugain hired The DealNext for selling Ermo. Enizzia, a group that Jacky Mazzolini heads, sold SMP Moules. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Mech-i-Tronic, Cherry Bay Capital Group and Equilybra X. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Algebris Investments raised 60 million euros for Algebris Climatech ahead of a 100 million target (see here a previous post by BeBeez). The fund attracted the resources of the anchor investor CDP Venture Capital.Marco Turchini, Alessandro Santo and Stefano Ferrari will head Climatech.
Progressio hired Vitale for exploring options for its 38.7% in Polenghi Food that acquired in 2019 (see here a previous post by BeBeez). Marco Polenghi and Filippo Scandellari head the company that has sales of 42.6 million euros with an ebitda of 2.2 million and a net debt of 10.2 million
Scouting Capital& Family Advisors, a club deal platfor of which ceo Rinaldo Sassi talked about to BeBeez, raised 20 million euros from 25 families (see here a previous post by BeBeez). The firm will invest in Italian SMEs.
Argos Wityu completed the sale of Fulgard, a provider of labor safety services and solutions, to Seven2 (fka Apax Partners) that will finance the transaction with the issuance of senior secured bonds that Partners Group and LGT Capital Partners will subscribe (see here a previous post by BeBeez). Fulgard will also invest the raised proceeds in refinancing a senior secured bond of 105 million in which BlackRock previously invested. A&O Shearman assisted Seven2. Partners Group and LGT Capital Partners received assistance from PedersoliGattai who also advised Noteholders’ Representative Banca Finint. BlackRock retained White & Case. Argos Wityu hired Giovannelli e Associati while Fulgard’s managers appointed Giliberti Triscornia e Associati. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Argos Wityu, Seven2 and Sicura 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
As BeBeez reported in November 2024, Presidio Investors closed the acquisition on minor Italian football club Hellas Verona (see here a previous post by BeBeez). Sources said that the transaction value amounts to 120 – 130 million euros. Italo Zanzi will act as executive chairman while Christian Puscasiu, Dirk Swaneveld, Thomas Hitzlsperger, Donata Hopfen, and Isabella Thun will be part of the board. Maurizio Setti sold Hellas Verona and will act as senior advisor of Football Operations with Sean Sogliano. Presidio retained Hogan Lovells and Deloitte Sports Business Group. Setti received assistance from Deutsche Bank and Unilegal Avvocati Associati.
A club deal of private investors that BF & Company launched and 81 SCF Family Office acquired MariCell, an Italian chemical company (see here a previous post by BeBeez). Alessandro Bartolini and Domenico Cavaliere joined the BF club deal that acquired the asset from Giannina Della Mora (31.56%) and Patrizia Della Mora (31.56%), Michela Della Mora (25.56%), and Well Harmony Limited (11.33%). Massimiliano Demenego Della Mora will keep his ceo role. TP Legal, Pirola Pennuto Zei & Associati, Epyon Consulting, Marsh, Studio Spolidoro, Osborne Clarke, Studio Danovi, and Marcello Antonio Volpe assisted BF. The vendors retained Studio Giovanardi and Studio Grimaldi Alliance – Treviso. Maricell has sales of 30.5 million euros (70% export), an ebitda of 2.3 million, net cash 1.8 million, and equity of 41 million. The buyers aim to grow the company through acquisitions and the implementation of 8 million worth investments.
Tages Helios Net Zero, an infrastructure fund of Tages Capital, raised 42 million euros from institutional investors (see here a previous post by BeBeez). The vehicle raised little less than 420 million ahead of a 650 million target.
White Lab, a platform company of White Bridge Investments for the testing services sector, acquired Metal Services from the Querin Family (see here a previous post by BeBeez). Ethica Group, Athena Associati, Dentons, and Simmons&Simmons assisted White Lab. The vendors retained Itinera Rational Advisory, Studio Legale Fivers and Studio Magurano Rossini & Associati. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors White Bridge Investments 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.
Casalasco, a portfolio company of QuattroR since 2021, acquired Knorr – Pomodoro al gusto, a premium brand for sauces, from Unilever (see here a previous post by BeBeez). Casalasco has sales of above 630 million euros, an ebitda of 80.7 million and net debts of 537.3 million.
H14, the family office of siblings Barbara, Eleonora and Luigi Berlusconi, and a club deal of private investors that includes the Marzotto Family, the Doris Family, de Brabant Family, and Istituto Atesino di Sviluppo, acquired a minority of Rome’s Saint Camillus International University of Health and Medical Science (see here a previous post by BeBeez). New Deal Advisors assisted H14. Gianni Profita founded Saint Camillus University in 2018.
