Boston’s asset management giant Fidelity acquired 9.99% of Milan-listed gaming company Lottomatica for 565.6 million euros (see here a previous post by BeBeez). Further relevant shareholders of the company are Morgan Stanley (7.078%), Capital Research (5.125%) and Norges Bank (3.18%).
ENI Plenitude acquired Acea Energia from Milan-listed utility Acea for 460 million euros (see here a previous post by BeBeez). As part of the deal, the buyer will also take 50% of Umbria Energy, a target’ssubsidiary.
Neopharmed Gentili, a portfolio company of Ardian and NB Renaissance of which the Del Bono has a minority, invested 264 million US Dollars (250 million in advance and 14 million earn outs) for acquiring the European licence of Orladeyo (berotralstat) from US competitor BioCryst Pharmaceuticals (see here a previous post by BeBeez). Neopharmed Gentili received assistance from Centerview Partners UK, White & Case, PwC, ZS Associates, and ValueVector. BioCryst retained BofA Securities, TD Securities and Skadden, Arps, Slate, Meagher & Flom. Jon Stonehouse is the chairman and ceo of BioCryst which will invest the raised proceeds in repaing outstanding liabilities worth 249 million. Alessandro Del Bono is the chairman and ceo of Neopharmed Gentili.
London-listed Intermediate Capital Group (ICG), is in advanced talks for acquiring 70% Excellera Advisory Group from Xenon Private Equity (50.6%) and other minority shareholders (in the region of 20%) (see here a previous post by BeBeez). Rothschild is handling such a sale. Excellera operative partners (30%) could reinvest in the buisnsess. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Xenon Private Equity, Intermediate Capital Groupand 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
French private equity Siparex expanded its Milan team ahead of launching Siparex ETI 5, a 500 million euros vehicle that will target SMEs with revenues of 50-500 million and deals of 30-100 million, including co-investments (see here a previous post by BeBeez). Tomaso Barbini and Andrea Gianola lead the Milan team that Galeazzo Cornetto Bourlot will join. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Siparex 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
Consulbrokers, a portfolio company of JC Flowers, acquired Italian competitor Intermedia IB from Maria Midena (75%) and Ilenia Barbassa (25%) (see here a previous post by BeBeez). Consulbrokers retained EY. Marco Amato heads the buyer’s M&A team. Intermedia IB has revenues of 1.49 million euros, 0.443 million ebitda and net cash of 1.49 million. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors JC Flowers 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
RINA, a company that belongs to Registro Italiano Navale and Fondo Italiano d’Investimento acquired Foreship from Vaaka Partners (see here a previous post by BeBeez). RINA retained Lazard, Bain & Company PwC, and Borenius Attorneys. Foreship has revenues of 15.2 million euros. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors RINA and Fondo Italiano d’Investimento 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
Nasdaq-listed Brera Holdings acquired 52% of Italy’sSerie B club Juve Stabia, based in Naples area, from Andrea Langella who will keep a minority stake and manage the sports area (see here a previous post by BeBeez). Juve Stabia retained Aliberti, Zephiro Investments and Barone&Associati while Brera Holdings hired Boustead Securities LLC, Bonelli Erede and Bevilacqua PLLC.
TeamSystem a tech company that belongs to Hellmann&Friedmann,HG Capital, Silver Lake Partners, ADIA, and Alphabet CapitalG, acquired Brainware MultiFatture, Millesimo, and MultiCAF from Netbuilder (see here a previous post by BeBeez). Federico Leproux is the ceo of TeamSystem. Antonello Curreli is the ceo of Multidialogo. Pavia e Ansaldo and EY assisted TeamSystem. Netbuilder hired Filippo Berti and Studio Previti. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Hellmann&Friedmann 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
Armònia and a club deal acquired the majority of Italian producer of industrial components Ceresoli Utensili, Dorigo Utensili and Lamev (see here a previous post by BeBeez). EY, EY-Parthenon, CRCCD, and Pirola Pennuto Zei & Associati assisted the buyer. The Ceresoli Family sold Ceresoli Utensili which has sales of above 10 million euros, an ebitda of 3 million and net cash of 2.9 million. Corrado Ceresoli, Diego Ceresoli (55%) and Nemo Vangeri (45%) sold their stakes in Lamev whose turnover amounts to 2.8 million with an ebitda of 0.352 million and net cash of 0.6 million. Dorigo Utensil previously belonged to Enzo Mulazzani and the Dorigo Family (80%) and other minority shareholders. The company has sales of 5.6 million, an ebitda of 2.2 million and net cash of 2.4 million. Alessandro Grimaldi is the ceo of Armònia. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Armonia 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
Ambienta acquired the majority of Swedish No Dig Alliance from Equip Capital (see here a previous post by BeBeez). The closing should take place in 3Q25. The target’s ceo Patrik Larsson and the managers will reinvest in the company. Ambienta retained Clearwater, Mannheimer Swartling, BCG, Deloitte, and Arup. Milena Torciano and Casper Langhoff are part of Ambienta’s Nordic team. Ambienta also attracted commitments for 500 million euros, above the 450 million target, for its small cap vehicle that Francesco Sogaro heads (see here a previous post by BeBeez). Francesco Lodrini, Yann Bak and Giacomo Forti are urther partners for this strategy. Campbell Lutyens acted as placement advisor. Kirkland & Ellis and Advant NCTM assisted Ambienta that aims to target firms with up to 150 million in revenues that have a business model compliant with environmental trends. Mauro Roversi and Laurent Donin de Rosière are the chief investment officer and head of investor relations and strategic partnerships of Ambienta. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Ambienta 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
Milan-listed Dexelance (fka Italian Design Brands),afirm of which Tamburi Investment Partners (TIP) holds a controlling stake through a club deal, invested 8.5 million euros for a 25% (with an option for 60% by 2028) of Italian outdoor design firm Roda on the ground of an enterprise value of 34 million (see here a previous post by BeBeez). The target’s shareholders will get 4.5 million while the company will launch a 4 million capital increase.
Italian fashion brand Roberto Cavalli, a company that belongs to Hussain Sajwani, is exploring options (see here a previous post by BeBeez). Further rumours say that the company’s ceo Sergio Azzolari could resign from his role. Cavalli has sales of 78.6 million euros, an ebitda of minus 11.4 million, net losses of 3.9 million, and equity of 3.5 million.
