Sources said to BeBeez that Bain Capital signed a binding agreement for acquiring 65.3% of Italian IT company Namirial from Ambienta on the ground of an enterprise value of 1.1 billion euros (see here a previous post by BeBeez). Blackstone financed the buyer. Namirial also attracted the interest of HG Capital, TA Associates, Apax Partners, and Cinven. Ambienta received assistance from Arma Partners, Rothschild & Co, Pedersoli Gattai, Bain & Co, KPMG, FRM, West Monroe, and Marsh. Bain Capital hired JP Morgan, LABS Corporate Finance, Bain & Company, KPMG, EY Parthenon, Legance Avvocati Associati, Paul Weiss, Pirola Pennuto Zei & Associati, Ropes & Gray, Nomura, and Klecha & Co. In 2020, Ambienta paid 150 million for acquiring a 70% of Namirial from even owners and founders Enrico Giacomelli and Claudio Gabellini.
Ardian and Finint Infrastrutture are holding talks for a long-term agreement for the acquisition of Milione, the holding that owns 99.9% of Save, an investor in Belgium’s Charleroi Airport and manager of the Venezia, Treviso, Verona, and Brixia sites (see here a previous post by BeBeez). DWS vehicle Infra Hub (of which Intesa Sanpaolo Assicurazioni has 1.2%), InfraVia Capital Partners and Enrico Marchi may sell their stakes in the target. Sources said to BeBeez that Goldman Sachs is advising SAVE, Morgan Stanley is assisting DWS, Rothschild is supporting InfraVia, and Ardian is retaining Mediobanca. The transaction is worth above one billion euros. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Finint, Ardian and their Italian 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
Lunate, and Abu Dhabi financial investor with 105 billion US Dollars of aum, acquired 5.88% of ADNOC Gas Pipelines Assets from Milan-listed Snam with a transaction worth 234 million euros (see here a previous post by BeBeez). The vendor achieved a capital gain of 120 million. Dentons, Maples and Calder (Jersey) LLP and Bank of America assisted Snam while Lunate hired Rothschild & Co.
Azimut Holding acquired from Morocco’s Red Med Capital a 29% of Red Med Asset Management (1.7 billion euros of aum) and a 25% of Red Med Securities (see here a previous post by BeBeez). Abdeslam Ababou is the founder and chairman of Red Med Capital. Giorgio Medda is the co-ceo of Azimut Holding which aims to raise 500 million for Fondo Impresa per la Crescita 3, said Andrea Cornetti, CEO of Azimut Libera Impresa Real Estate e Infrastrutture. The vehicle will carry on investments worth 30 – 50 million (see here a previous post by BeBeez). Azimut’s Azimut Eltif – Venture Capital ALIcrowd and ALIcrowd invested in Soccerment and Sics for creating Soccerment, a provider of AI-based analysis solutions for sport performance appraisal of which Aldo Comi will be ceo and Michele Crestani director. (see here a previous post by BeBeez) BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Azimut Holding 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 Glickman Capital acquired 85% of Italian fashion firm Malo from Walter Maiocchi (former 84.06% owner), Luigino Belloni (13.3%) and Frabell (2.64%) (see here a previous post by BeBeez). Maiocchi, Belloni and Mario Stangoni acquired the company in 2018 for 9.9 million euros out of a receivership auction. Malo has sales of 11 million, an ebitda of minus 1.8 million, profits of 1.2 million, and equity of 2.2 million.
NB Aurora sa Sicaf RAIF, the soon to delist from Milan market financial firm, will rebrand as Aurora Growth Capital sa Sicav-RAIF and invest as a semi-liquid ever-green fund (see here a previous post by BeBeez). BeBeez Private Data, the private capital database of BeBeez and FSI, monitors 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
Mirova, a sustainable investments vehicle which is part of Natixis IM, and Qualitas Energy launched Italian Renewable Platform, a joint-venture for handling projects of up to 250 MW in Italy (see here a previous post by BeBeez). Mirova will be the majority shareholder and received assistance from Watson Farley Wiliams, Kpmg, Kiwa Moroni, and Wtw. Qualitas Energy retained GreenHorse. Raphaël Lance is the global head Private Assets, head Energy Transition funds of Mirova. Manuel Espinosa Balaca is a partner in charge of investments of Qualitas Energy.
Finint Equity For Growth (Finint E4G) acquired Bonetto art-legno, an Italian luxury design and fashion retail firm, from Paolo Bonetto (51%), Vittoria Golin Elvi (5%) and Belpa (44%) (see here a previous post by BeBeez). The target has sales of 6.5 million euros and an ebitda of above 2 million. Finint retained Lavorenti & Associati, Adacta Advisory, Adacta Tax & Legal, Gianni & Origoni, and Onexecutive.
Sources said to BeBeez that Sienna Private Equity, a subsidiary of Belgium listed Groupe Bruxelles Lambert, created Ateliers Veneti, a platform for high-end tailor-made fashion of which it has 75% and that merged One Company, Prima and Vicenza Mode (see here a previous post by BeBeez). Marco Murarotto, ceo of Prima, Marco Dalla Rovere, ceo of One Company, and Riccardo Garbossa, ceo of Vicenza Mode, will keep their roles and hold 25% of Ateliers Veneti which received assistance from BonelliErede, Bain&Co, PwC, Di Tanno, and Arcadis. Vicenza Mode has a turnover 10.8 million, an ebitda of 5.1 million and net cash of 3.9 million and retained Ethica Group, Alpeggiani and Legance. Prima has sales of 36.6 million euros, an ebitda of 8.5 million and net cash of in the region of 0.346 million. One Company has revenues of 9.1 million, an ebitda of 2.9 million and net cash of 4.2 million.
Fondo italiano consolidamento e crescita (FICC II), part of Fondo Italiano d’Investimento, raised 503 million euros after having attracted the commitments of Swiss LGT Capital Partners (see here a previous post by BeBeez). BeBeez Private Data, the private capital database of BeBeez and FSI, monitors FII 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 insurer Generali launched Lion River Capital Partners, a private equity management firm that will have its offices in Milan and Trieste and Salvatore Colotti as ceo (see here a previous post by BeBeez). Fabrizio Riccardi, Ileana Bolcato, Andrea Bonomi, Francesco Cignolo, Paolo Montironi, and Bruno Sollazzo will be part of the board.
Italian waste management company Itelyum, a portfolio asset of Stirling Square Capital and Deutsche Beteiligungs AG (DBAG), said it acquired Italian competitors Specialspurghi and Gavardo Specialacque with its subsidiaries J-Wam and W-Jam Lab (see here a previous post by BeBeez). Sergio Goffi and Luca Goffi sold the assets. Specialacque has sales of 6.1 million euros, an ebitda of 1.2 million and net cash of 0.950 million. Specialspurghi has a turnover of 10 million, an ebitda of 0.750 million and net cash of 1.6 million. Marco Codognola is the ceo of Itelyum. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Stirling Square 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
Small Caps Opportunities, a vehicle of LBO France that Polis manages, said it acquired the majority of Amahorse, an Italian maker of riding clothing and accessories, from Riccardo Volpi and Simone Volpi which reinvested in the target (see here a previous post by BeBeez). The buyers retained Alvarez & Marsal, OC&C, Maisto e Associati, Bonelli Erede Lombardi Pappalardo, and BDO. Gennaro Tedesco and Studio Truppa-Medici assisted the vendors. Amahorse has sales of 22.5 million euros, an ebitda of 5.6 million and net cash of 7.5 million. Arthur Bernardin is the Chief Private Equity Officer of Polis. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors LBO France, Polis 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.
Vivaldi Group, an Italian platform for aggregating producers of baked food and ice creams that Unigrains created in 2023, acquired Stebe, an Italian manufacturer of ingredients and semiprocessed items for sweets (see here a previous post by BeBeez). The vendors Stefano Banzi and Paolo Bertolasi will reinvest in Vivaldi. Unigrains received assistance from Gitti and Partners, Grant Thornton Financial Advisory Services, and Bernoni & Partners. Stebe retained Studio Legale Maria Grazia Mauro, Annalisa Lui and Studio Barozzi. After such a transaction Vivaldi will have sales of 80 million euros. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Unigrains and its Italian 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
