Apollo Global Management sold its21.3% of Milan-listed Lottomatica in private placement through an accelerated bookbuilding procedure for institutional investors (see here a previous post by BeBeez). Apollo fetched 1.205 billion euros out of this transaction. The fund cashed in 1.739 billion with the previous sales of shares for a total of 2.94 billion. The fund received assistance from joint global coordinators and joint bookrunners Barclays, Deutsche Bank, BNP Paribas, Goldman Sachs International, J.P. Morgan e UniCredit. Apollo Capital Solutions, Berenberg, Btig, Jefferies, Morgan Stanley, Siebert, and Latham & Watkins.
Zentiva, a Prague-based pharma company that Paris-listed Sanofi sold to Advent International in 2018 for 1.9 billion euros, purchased Propol2 EMF, Ruscoven, Serenil, Fisiodepur, and Finocarbo from Italian healthcare company italiana Aboca spa Società Agricola (see here a previous post by BeBeez). Niccolò Querci is a managing partner of Clearwater which assisted Zentiva, whose ceo is Steffen Saltofte. Press reports of November 2024 said that Advent International hired Goldman Sachs and PJT Partners for selling Zenitiva on the ground of an enterprise value of 5 billion. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Advent International 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.
As BeBeez reported in May 2025, Borletti Group and Quadrivio & Pambianco acquired Italian fashion firm Twinset from Carlyle (see here a previous post by BeBeez). The buyers will take an even stake in the target and co-invest with Narval Investimenti and the club deal of Ersel Banca Privata. Borletti Group and Quadrivio & Pambianco retained Case Cassiopea, Legance, Studio Cerina, Ernst & Young, Poggi, Pirola, Willis Towers Watson, T8P, and Cerved. Press reports say that Carlyle sold its stake in Twinset for 200 million euros while in 2012 it acauired 72% of the asset for 300 million. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Quadrivio & Pambianco, Carlyle 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.
Bluegem Capital Partners, a London-based firm that Marco Capello and Emilio Di Spiezio Sardo founded, said it is holding advanced talks for selling a minority to the Garavoglia Family (see here a previous post by BeBeez). Press reports say that they buyers may purchase a 20% stake. Latham & Watkins and Chiomenti is assisting Bluegem. The Garavoglia Family retained PedersoliGattai Di Spiezio Sardo will become ceo of Bluegem while Capello will no longer handle future investments. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Bluegem and its portfolio companies. Bluegem is reportedly going to raise 340 million euros (30 – 70 million ticket) for a vehicle that will target b2b companies with an enterprise value of 70 – 200 million. 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 Lifenet Healthcare, a company of which Nicola Bedin has 53.33% and Exor 45.2% that reportedly hired JPMorgan as sale advisor, attracted the interest of Antin and CVC Capital (see here a previous post by BeBeez). However, it’s not yet clear whether the sale involves only the stake that Exor acquired in 2022 or the whole asset. The sources said that CVC may buy Lifenet ( sales in the region of 138 million euros, 4.1 million ebitda and net debts of 45 million) and sell a minority to Bedin.
Dea Capital granted Green Arrow with exclusive talks for acquiring Dea Capital Alternative Funds for a deal worth 40 million euros (see here a previous post by BeBeez). The value of the transaction is in line with the target’s book value (see here the Comments on 2024 Results available for the subscribers to BeBeez News Premium and BeBeez Private Data). Gianandrea Perco is the ceo of DeA Capital Alternative Funds which attracted the resported interest of Anthilia Capital Partners, Banca Finnat, gruppo Equita, Eurazeo, Finint, and Tikehau Capital. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Dea Capital Alternative Funds, Green Arrow Capital 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.
Renaissance Partners, a firm that founding and senior partner Fabio Canè heads and of which Neuberger Berman owns 10%, aims to have aum worth 5.5 billion euros by the end of 2026 (see here a previous post by BeBeez). Reinassance also owns Luxembourg’s Aurora Growth Capital, a vehicle that Patrizia Micucci heads. Reinassance already attracted 2.8 billion while Aurora raised 500 million. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Reinassance Partners, Aurora Growth 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
Special Flanges, an Italian manufacturer of industrial components of which Wise Equity owns 50% since 2021, acquired Romania’s Vilmar from French competitor Genoyer (see here a previous post by BeBeez). After such a deal, the buyer will have a turnover of 120 million euros. Special Flanges financed the transaction with its own resources and the refinancing of loans that previously received from Crédit Agricole Italia, BCC Banca Iccrea and BCC Carate Brianza e Treviglio while SIMEST provided a 6 million facility. Khelifa Guemra is the coo of Vilmar which retained Wagram, Raffeisen Bank, Lexelians, and Act Legal. Skadden, Kinstellar, Simmons&Simmons, KPMG, and ERM advised Special Flanges. Fabrizio Medea is a partner of Wise Equity. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Wise 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
Archiva, a digital filing company that belongs to Progressio since 2024, acquired Italian developer of SAP solutions DDM Technology (see here a previous post by BeBeez). After such a deal, the buyer will generate a turnover in the region of 30 million euros with an ebitda of 6 million. Alberto Sartor, Andrea Papalia and Christian Severin sold DDM and reinvested in Archiva for which Giuliano Marone acts as ceo. DDM retained Bluebull, Alpeggiani Avvocati Associati, Studio Pietrobon & Associati. Archiva received assistance from BonelliErede and Adacta.
Daria Illy sold her 19.5% of Holding Illy which owns 69% of Italy’s IllyCaffé, a company whose 20% belongs to Rhône Capital (see here a previous post by BeBeez).
Italian wine producer Fantini Group (fka Farnese Vini), a portfolio company of Platinum Equity since 2020, acquired Spanish competitor Venta la Vega (see here a previous post by BeBeez). Valentino Sciotti, the company’s executive chairman and 11% owner, said to BeBeez that the company is interested in further M&A deals. Fantini Group has sales of 82.6 million euros and an adjusted ebitda of 22.7 million.
Simone Bittoto, the ceo ofItalian provider of e-commerce solutions Eurostep, said that Xenon Private Equity acquired the company through Orvian Group, a sector platform (see here a previous post by BeBeez). Further companies of the group are Fifth Beat, Web Al Chilo and Magilla Company. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Xenon 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
Oakley Capital acquired 60% of Italian design brand Fornasetti (see here a previous post by BeBeez). Fornasetti’s owner Immaginazione has sales of 6.2 million euros, an ebitda of 0.222 million and debts of 0.75 million. Sources said to BeBeez that Oakley has 45.51% of Alessi of which acquired 40% in 2019 through Iconic Holdco (Uk) Limited which also owns 50% of Immaginazione. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Oakley 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.
Continental sold Continental Brakes Italy plant in Cairo Montenotte (Savona area) to Frankfurt-listed investor in carve-out Mutares (see here a previous post by BeBeez). The target may generate sales of 100 million euros. Johannes Laumann is the cio of Mutares. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Mutares 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.
Search Fund Club (SFClub) said it sold its stake in Poland’s Formeds, a food supplements company that generated an above 30% IRR (see here a previous post by BeBeez). SF Club 2 also launched a capital increase for attracting ten new investors. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Italian Search Funds 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 signed a strategic partnership with Saudi Industrial Development Fund Investment Company (SIC), part of Saudi Industrial Development Fund (SIDF) (see here a previous post by BeBeez). Andrea C. Bonomi is the founder of Investindustrial. Fahad Al-Naeem is the ceo of SIC. Carlo Baldocci is the Italian Ambassador to Saudi Arabia. This agreement aims to foster the development of advanced manufacturing and the integration of Saudi SMEs into Investindustrial’s value chain. 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.
Duerre Tubi Style Group (DTS) acquired Italian industrial company 3M from Alvano Bacchi, Sviluppo Imprese Centro Italia (SICI – 19.8%), Next Holding (16.88%) and Mauro Cardinali (see here a previous post by BeBeez). Chiara Malaguti acted as public notary. Studio Legale Seidenari, Beta Commercialisti Associati and AP Partners assisted the buyers. The vendors retained Simone Mariotti and Deloitte Legal. In 2013 Bacchi acquired 3M for 5 million euros. Marco Stella is the ceo of Duerre Tubi Style Group which has sales of 39.3 million, ebitda of 2.7 million and net cash in the region of 0.9 million. Vittorio Gabbanini is the chairman of SICI. Marco Di Lorenzo is an executive of Next Holding. SICI sgr, Next Holding BeBeez Private Data, the private capital database of BeBeez and FSI, monitors SICI, Next Holding 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.
Consulbrokers, a portfolio company of JC Flowers since October 2024, acquired Etisicura from 45.1% owner and ceo Pietro Brogna, Unika (27.9%) and Uni-One (12%) (see here a previous post by BeBeez). Etisicura received assistance from Phoenix Capital and Pavesio e Associati with Negri-Clementi. Consulbrokers retained Ernst&Young and BonelliErede.
Ibla Capital acquired Electro System through its portfolio company BorgWarner Systems Lugo, a manufacturer of batteries charger for industrial vehicles and converters from German carve-out investor FairCap (see here a previous post by BeBeez).
Fortech Group sold a 30% stake to UK’s Perwyn (20%) and Gruppo Scouting (see here a previous post by BeBeez). Piersergio Avagliano, Massimo Banci, Carlo Perico, Jonny Tosi, and Marco Vasini previously held 20% each of the Italian e-mobility company and now will own 70. Yann Chareton heads Italy’s operations of Perwyn, a private equty that Andrew Wynn founded.
Sella signed an agreement with Partners Group for the distribution of Private Equity Opportunities Sicav, the first evergreen Eltif private equity fund on the Italian market (see here a previous post by BeBeez). Sella assumed the role of global distributor through the network of Banca Sella and Banca Patrimoni Sella & C. The Partners Group Private Equity Opportunities Sicav fund is compliant with the new Eltif 2.0 regulation and allows private clients to invest in the private equity asset class, with a minimum subscription ticket of 0.01 million. Thanks to its evergreen or semi-liquid structure, the fund allows immediate deployment of capital from day one, direct access to an already operational portfolio and automatic reinvestment of cash flows (compounding), with the aim of maximising returns over time. The product also offers the investor greater flexibility in entry and exit through monthly subscription and quarterly redemption windows.
Facile.it, a portfolio company of Silver Lake Partners and Oakley Capital, signed a partnership with Athora for providing retail insurance products (see here a previous post by BeBeez). Firstance an independent insuretech will help Athora to distribute the products Athora Rendimento+ Linea 5 Facile.it and Athora Rendimento+ Smart Facile.it. Maurizio Pescarini is the ceo of Facile.it. Jozef Bala is the ceo of Athora Italia.
Cadicagroup raised to 100% its ownership of Scatolificio Cartotecnica Giorgi (see here a previous post by BeBeez). Alessandro Giorgi, Giorgia Giorgi and Umberto Giorgi sold 20% of the target. Raffaele Legnani is the country manager of HIG Capital which owns Cadicagroup since 2019. Massimo Piombini is the chairman and ceo of the buyer.
Helsia Capital, an investor in club deals for the healthcare sector that Thomas Schmidt founded in 2024, acquired a 43% of Italy’s Valmed, an Italian producer of medical devices of which ceo Christian Parravicini has 48% (see here a previous post by BeBeez). The target also belongs to Andrea Bisi (5% – previously 24%) and Mattia Mancarti (4%). Massimiliano Bisi sold his 24% of Valmedwhich retained Studio Mbl Pro. Helsia Capital received assistance from Alpeggiani Avvocati Associati and Deloitte. Valmed has sales of 20.8 million euros, an ebitda of 3.8 million and a net financial debt of 10.2 million. Helsia aims to support the company’s growth through M&A.
Tendercapital acquired Cobra Green Hyperscale (fka NV Cobra Solar), an Italian renewable energy company that owns a project to build an energy-neutral data centre with an IT capacity of 100MW and photovoltaic fields of 60 MW (see here a previous post by BeBeez). Fabio Cedrone, Giuseppe Rappazzo, Francesca Bulgarini, Fabio Massimo De Martino, and Francesco Calciano sold the asset which has a turnover of 24.3 million euros, an ebitda of minus one million, net financial debts of 3.4 million, and equity of 13.8 million. Tendercapital retained LCA while the vendors hires Oreste Braga, Francesco Calciano and Studio Legale Rappazzo. IT Notai acted as public notary.
