BIP Consulting’s sale advisors Equita and Goldman Sachs expect to receive by the end of Marche the non-binding offers for the management consultancy firm that CVC Capital Partners acquired in June 2021 from Apax France for 720 million euros (see here a previous post by BeBeez). Alberto Idone (ceo) and Donato Iacovone (chairman) lead BIP which has a 524.6 million turnover with a 21% ebitda margin (110.1 million), net cash of 41.4 million, and equity of 246.7 million. In 2014, Argos Soditic supported BIP’s former chairman Nino Lo Bianco and other partners for a management buy out. 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.
Gruppo EVA-Energie Valsabbia, a fintech and renewable energy company that belongs to Pietro Bonomini, fetched 53 million US Dollars (51 million euros) out of the sale of its US subsidiaries AESC-Alternative Energy Systems Consulting and EVA Green Power to Franklin Energy, an Abry Partners portfolio company since 2019 (see here a previous post by BeBeez). Gruppo EVA will invest the proceeds of such a sale in its organic development.
Retex, a martech that belongs to FSI, said it acquired Konvergence, a competitor operating in the retail and food service sector (see here a previous post by BeBeez). Studio Legale Rinaldi e Associati and ECOVIS STLex Studio Legale Tributario advised Retex while Konvergence retained Studio Legale Giliberti Triscornia e Associati and Terzi&Partners. The target has sales of 21 million euros. Retex turnover is of 99.5 millioni, an ebitda of 6.3 million and a net financial debt of 6.8 million.
Alpha Private Equity’s German portfolio company Europart Group acquired Italian distributor of heavy vehicles spare parts Experica from Revarc (70% – Rettore Family) and Tecnautocar (30% – Alfredo Romano and Nicolò Rossi) (see here a previous post by BeBeez). Experica’s vendors reinvested in Europart while keeping the target’s management. Chiomenti, Gleiss Lutz, Alvarez & Marsal, and Deloitte assisted the buyers. Experica retained Clearwater and Grimaldi Alliance. Experica has sales of 86.1 million euros, an ebitda of 6.1 million and net debts of 12 million. Olaf Giesen is the ceo of Europart.
Armònia, the private equity firm that Alessandro Grimaldi, Sigieri Diaz Della Vittoria Pallavicini, Francesco Chiappetta, and Fabrizio Di Amato, appointed Alessandro Papetti as senior advisor (see here a previous post by BeBeez). Papetti previously worked for Clessidra, Citicorp, Gemina, IMI-ABN AMRO, Gabelli Value, HLD Europe, and Arca Impresa Gestioni.
J. Jardin, the investment holding for the fashion sector that Massimo Di Amato founded, acquired 70% of Hebe, the owner of womenswear brand Hebe Studio (see here a previous post by BeBeez). Angel Capital Management, a vehicle of Angelo Moratti, Antonio Versace and Giuseppe Miroglio sold their stake in the asset. Federica Croce and Laura Zama kept 15% each of Hebe which has sales in the region of 0.68 million euros, an ebitda of minus 0.41 million and aquity of minus 0.314 million.
Suez Insurance Consulting, a broker that Pierluigi Menta founded, sold to Italian competitor Mediass, a company that Gianluca Graziani heads and that belongs to The Ardonagh Group, a portfolio asset of Madison Dearborn Partners, HPS Investment Partners, Abu Dhabi Investment Authority (ADIA), and StonePoint Capital (see here a previous post by BeBeez). Mediass received assistance from Molinari while Suez Insurance Consulting retained FVF Associati. The target has a turnover of 0.654 million euros, an ebitda of 0.130 million and net cash of 0.279 million.
BF International Best Fields Best Food, a subsidiary of BF, attracted an above 50 million euros investment from Eni Natural Energies, part of Milan-listed Eni (see here a previous post by BeBeez). Intesa SanPaolo, L&C Consulting & Partners, Grimaldi Alliance, and Esiodo assisted BF.
Simone Cremonini and Giacomo Picchetto acquired a relevant stake in Alkemia Capital, a firm that Luca Duranti, Walter Gaiani and Robert Segatto created (see here a previous post by BeBeez). Alkemia will now operate in all the segments of the private capital and will have assets under management of 200 million euros.
Telepass sold Wash out, an Italian provider of car washing services, to Salvatore Palella (see here a previous post by BeBeez). The buyer appointed Gianluca Spriano (ceo) and Guido Consoli (coo) for leading the company. Deloitte Legal Italia assisted Palella while DLA Piper advised Telepass. Christian Padovan, Andrea Galassi and Alessandro Morlin founded Wash Out in 2016.
Neopharmed Gentili, an Italian pharmaceutical company that belongs to Ardian, NB Renaissance and the Del Bono Family, acquired from French giant Sanofi the international copyrights for the brands Plasil and Primperan (see here a previous post by BeBeez). Alessandro Del Bono is teh ceo of the buyer which generated 3Q24 sales of 209.4 million euros, an ebitda of 87.7 million and a net financial debt of 727.5 million.
Kyip Capital (fka Kyma Investment Partners), an Italian alternative asset manager with resources of above 190 million euros, acquired a minority of Confident, a network of dentist clinics with sales of 10 million and a 16% ebitda margin (see here a previous post by BeBeez). Kyip Capital carried on the deal through through Kyip Impact Mission and retained Alpeggiani Avvocati Associati, OC&C, Epyon Consulting, and PwC. Paolo Miglietta is the ceo of Confident which received assistance from Ethica Group and Laward Avvocati Associati. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Kyip 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
LMDV Capital, the family office of Leonardo Maria Del Vecchio, acquired 68% of ESANanoTech, an Italian producer of advanced materials and 49% of a same-sector spinoff of Parma University that Mauro Riccò (see here a previous post by BeBeez). LMDV Capital appointed Leonardo Maria del Vecchio, Marco Talarico, Gabriele Benedetto, and Giuseppe Mongiello as board members. ESANanoTech already attracted 10 million euros worth investments. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors LMDV 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
Arcus Infrastructure Partners (AIP) acquired 51% of Powering, a company that rents electric generators, from Appia Holding (95%) and Bottega dell’Innovazione (see here a previous post by BeBeez). Houlihan Lokey acted as debt advisor. Piero Giancano is the ceo and founder of Powering which has sales in the region of 74 million euros, an ebitda of 30.5 million and net debts of 6 million. Stefano Brugnolo is the head of energy for Arcus. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Arcus Infrastructure Partners 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
Elovade (fka Ebertlang), a software publisher that belongs to HQ Equita (since 2019) and Verdane (since 2024), said it acquired Italian competitor Avangate Security from even owners and co-ceos Claude Sarkis and Riccardo Ottolina (see here a previous post by BeBeez). Arkios Italy and Massimiliano Massara advised the vendors. Philip Weber and Marcus Zeidler head Elovade which retained BDO, Singular CH, and Watson Farley & Williams. Avangate has sales in the region of 8 million euros, an ebitda of 1.25 million and a net financial debt close to zero.
