In 1H25, market participants announced or closed 313 private equity deals in Italy, while the BeBeez Private Equity Report 2024 mapped 588 transactions (see here a previous post by BeBeez). BeBeez Private Data expexcts a growth of the sector’s activity as well as of club deals, investment holdings and Spacs. In 1Q25 and 2Q25, market operators closed 4181 European deals worth 268.3 billion euros PitchBook says. Download here the full report
NYSE-listed energy giant ExxonMobil sold 1200 Italian Esso gas stations and fetched 425 million euros (see here a previous post by BeBeez). PAD Multienergy, Vega Carburanti, Toil, Dilella Invest, and GIAP Holding acquired the assets. BofA Securities and A&O Shearman assisted the vendors. Mediobanca, Equita Mid Cap Advisory, Gianni&Origoni, Zaglio Orizio Braga e Associati, EY-Parthenon, and Pirola Pennuto Zei & Associati advised the buyers
On 18 August, Monday, Global Infrastructure Partners (GIP), part of BlackRock, signed an agreement for acquiring 49.99% of ENI CCUS Holding, a Carbon Capture, Utilization and Storage player, from Milan-listed ENI (see here a previous post by BeBeez). JP Morgan advised ENI for which Claudio Descalzi acts as ceo. Bayo Ogunlesi is the chairman and ceo of GIP. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Global Infrastructure Partners 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.
Italian IT and cybersecurity firm DGS, a portfolio company of Intermediate Capital Group (ICG), will generate an above 360 million euros after the acquisition of Italian competitor Allos from Fiven (see here a previous post by BeBeez). The vendors retained Cappelli Riolo Calderaro Crisostomo Del Din & Partners, Vitale&Co and Carmini Avvocati Associati. Diego D’Angelo and Valerio D’Angelo are the co-ceos of Fiven. Vincenzo De Giovanni is the ceo of Allos. Vincenzo Fiengo is the co-ceo of DGS. Giulio Piccinini is the managing director of ICG for Italy. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors ICG 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
Cinven acquired the majority of Objectway, a provider of digital solutions for the wealth management, from ceo and chairman Luigi Marciano on the ground of an enterprise value of 400 – 500 million euros (see here a previous post by BeBeez). Sources said to BeBeez that Cinven beaten the competition of TA Associates, Rivean, Carlyle, and Montefiore Investments for the strategic plan that pitched. Objectway retained Houlihan Lokey, Deloitte, PwC, Giovannelli Associati, and Russo De Rosa Associati. Cinven received assistance from Jefferies, Freshfields, PwC, Alix Partners, Oliver Wyman, and Deloitte. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Cinven 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
Investindustrial signed an agreement for acquiring Dutch Kiremko Group and US Idaho Steel Products and Reyco Systems, two producer of machinery for the food sector (see here a previous post by BeBeez). Investindustrial retained Baird, Skadden, Arps, Slate, Meagher & Flom and Houthoff. Paul Oosterlaken is the coo of Kiremko which appointed Rabobank and DLA Piper. 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
Autotorino, an Italian car dealers’ network, signed an agreement for acquiring Italian competitor Bianchessi Auto from the eponymous family (see here a previous post by BeBeez). Autotorino has a turnover of above 2.69 billion euros, an ebitda of 124.7 million and a net financial debt of 170 million. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Autotorino and its bond 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
Columna’s majority stake in Msa Mizar, a BPO firm for the insurance sector that is receiving M&A assistance from Mediobanca, attracted the interest of TA Associates, Anacap Financial Partners, TowerBrook Capital Partners, and Facile.it, a portfolio company of Silver Lake Partners and Oakley Capital (see here a previous post by BeBeez).
Nexta Capital Partners (NCP), an alternative energy investor that Fabrizio Caputo and Michele Mettola founded, acquired 40% of Agrigas, a company that manages a biogas plant, from Franz Staffler (60% owner) and Armando Lavarini (40%). NCP also signed a call option for purchasing a further 50% of the target by 31 October, Friday for a total investment of 20 million euros (see here a previous post by BeBeez). Nexta Capital Partners retained BonelliErede. The vendors hired Studio Righini and Gianfranco Tosato. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Nexta Capital 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
Star Capital sold Capello Point, an online distributor of cosmetic products, to Italian competitor Hair Gallery Europe which subscribed to a capital increase of the target while illimity Bank refinanced the liabilities (see here a previous post by BeBeez). Hair Gallery Europe retained Pirola Corporate Finance, Pirola Pennuto Zei & Associati, Studio Legale Cicconi & Berto, and BDO Italia. Star Capital and Capello Point hired Case Cassiopea and Giliberti Triscornia e Associati while Dentons assisted illimity. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Star 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
EMK Capital acquired a controlling stake of Argos ST (Argos Surface Technologies) from Gradiente, Andrea Siano and Paolo Grimaldi that will reinvest for a minority (see here a previous post by BeBeez). Carlo Bortolozzo and Pietro Busnardo are the founding partner and ceo of Gradiente which retained Lazard, Advant Nctm, Boston Consulting Group, PwC, and Ramboll. EMK hired Fineurop, Fortlane Partners (Goetz Partners), Newdeal Advisors, PedersoliGattai, Russo De Rosa Associati, and ERM. Andrea Siano is the chairman of Argos. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Gradiente, EMK 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.
Azzurra Capital and The Club Dealers, a vehicle that Enrico Ricotta and Carlo Mammola created, acquired Italy’s CDMO (Contract Development and Manufacturing Organization) Domixtar Pharmaceutical (DMX) from Alto Partners and Trilantic Europe (see here a previous post by BeBeez). The target’s executive chairman Maurizio Silvestri and the managers will keep their roles. Azzurra Capital and The Club Dealers received assistance from Legance, Alvarez & Marsal, Andersen, Fortlane Partners, ERM, and WTW. The vendors hired Houlihan Lokey, LMCR Studio Legale and Foglia & Partners. Stefano Marsaglia is the ceo of Azzurra Capital. Enrico Ricotta is a partner of The Club Dealers. Stefano Scarpis is a co-founder of Alto Partners. Vittorio Pignatti Morano is the chairman of Trilantic Europe. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Azzurra Capital, Trilantic Europe, Alto Partners, 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
Nexture, an Italian food ingredients producer that belongs to Investindustrial, aims to acquire Portuguese competitor Frulact that reportedly hired Houlihan Lokey (see here a previous post by BeBeez). Sources said to BeBeez that Frulact has sales of above 200 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
Sources said to BeBeez that Vesper Infrastructure Partners signed a binding agreement for acquiring the majority of Yfoss, part of Norway’s Terakraft, for an equity investment of 50 million euros (see here a previous post by BeBeez). Vesper hired Greenberg Traurig. Osborne Clarke assisted Yfoss while Advokatfirma Tofte Hald advised Terakraft. Olaf Nordmeyer, Giacomo Rossi, Guillermo Royo-Villanova, Paola Rastelli, Alfredo Maria De Falco, and Livio Fenati are the founders of Vesper Infrastructure Partners. Giorgio Sbriglia is the ceo of Terakraft. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Vesper 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
Lynx, an Italian B2B provider of digital solutions società, that belongs to Carlyle and the Moretti Family, acquired Brazil’s 10 million euros turnover competitor Impar (see here a previous post by BeBeez). The buyers retained GM Venture, DLA Piper, KPMG. Matteo Moretti is the ceo of Lynx. João Padilla is the ceo of Ímpar. 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.
Music Center, an Italian producer of components and accessories for musical instruments that belongs to Consilium Private Equity since 2021, acquired UK competitor Denis Wick Products Limited from the Wick Family (see here a previous post by BeBeez). Springboard assisted the vendors. Steven Greenall will keep his role as ceo of Denis Wick Products. Francesco Passera is the ceo of Music Center. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Consilium 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
Green Utility, a renewable energy platform that belongs to InfraVia Capital Partner since 2024, signed a binding agreement for acquiring Mareccio Energia from Basalt Infrastructure Partners which retained ValeCap (see here a previous post by BeBeez). John Hanna is a managing partner of Basalt Infrastructure Partners. Silvio Gentile is the ceo and founder of Green Utility which appointed Lazard. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors InfraVia 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
Tecno Holding, the majority shareholder of Milan-listed Tinexta (fka Tecnoinvestimenti), said it signed a binding agreement with Advent international and Nextalia Private Equity for acquiring 38.74% of the company at 15 euros per share ahead of taking private the business that has a 693 million euros market capitalization (see here a previous post by BeBeez). Rothschild & Co, Barclays, KPMG, and PedersoliGattai assisted Advent. Nextalia retained Mediobanca, Legance, Barclays and Chiomenti. Lazard and Gatti Pavesi Bianchi Ludovici advised Tecno Holding. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Advent International, Nextalia 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
Green Arrow Capital signed a binding agreement for acquiring DeA Capital Alternative Funds from Gruppo De Agostini for a reported value of 28 million euros (see here a previous post by BeBeez). The target also attracgted the interest of Anthilia Capital Partners, Banca Finnat, Equita, Eurazeo, Finint, and Tikehau Capital. Green Arrow Capital received assistance from Intesa SanPaolo and Legance. DeA Capital Alternative Funds retained Mediobanca and Giovannelli & Associati. 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.
Altea Federation, an Italian IT company that belongs to Chequers Capital, acquired Italian competitor Comp.Sys from Angela Iaia (see here a previous post by BeBeez). Altea Federation retained PedersoliGattai and Deloitte. Comp.Sys hired Tonucci & Partners and Deloitte Financial Advisory. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Altea Federation, Chequers 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
Syclef Italia, a subsidiary of French Syclef Holding (a portfolio company of a single-asset continuation fund of Ardian) acquired a controlling stake of Fildisimpianti, an Italian manufacturer of large cold generation plants in the pharmaceutical sector (see here a previous post by BeBeez). Fildisimpianti’s founders Pietro Foà (coo) and Fernando Magrin (cto) will keep their roles. Syclef retained Cappelli Riolo Calderaro Crisostomo Del Din & Partners (CRCCD) and Newinvest Corporation. Borgna Studio Legale advised the vendors.
Grendi Trasporti Marittimi, an Italian logistic company, acquired 70% of Italian competitor Dario Perioli that will keep ceo Michele Giromini (30% owner) in his role (see here a previous post by BeBeez). Grendi retained SCPT Studio Legale, Forvis Mazars and Studio D’Oca. The vendors retained Gianni&Origoni, Deloitte and Elimat. Genoa’s Riccardo Dogliotti acted as public notary.
Sources said to BeBeez that Angel Capital Management, the investment holding of Angelo Moratti, acquired 10% of Lampoon Publishing House from Carlo Alberto Mazzoni who previously had 70% of the business while Alessandro Fornaro owns 30%. (see here a previous post by BeBeez). BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Angel Capital Management 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 Takler, an Italian producer of automotive components, acquired Autocar Tecnologie and Autocar Distributions from Felice Franzoni (see here a previous post by BeBeez). Gianni&Origoni, EY and ETX assisted the buyer. The vendor retained Antonio Pallavicini and Marco Filippini while Margherita Vanoli acted as public notary. 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
Italian fashion designer Giorgio Armani reached an agreement for acquiring Forte dei Marmi iconic leisure club La Capannina di Franceschi, an, from Gherardo Guidi and Carla Valenti (see here a previous post by BeBeez). The transaction value amounts to 12 – 15 million euros.
Amsterdam-listed IMCD acquired Tillmanns, an Italian distributor of chemical products that retained Ethica Group, Pirola Pennuto Zei & Associati and Stefano Cesati (see here a previous post by BeBeez). Marcus Jordan is thec ceo ofImcd which received assistance from Orsingher Ortu.
Eurizon Capital Real Asset (ECRA) and Ersel asset management signed an agreement for acquiring 49.9% of Techbau Green Energy, a subsidiry of Techbau which belongs to BentallGreenOak Europe Fund and Andrea Marchori (see here a previous post by BeBeez). Equiter is the exclusive advisor of Eurizon Capital Real and Ersel Asset Management. The buyers will carry on the deal through a spv of which ECRA will have 60% and Ersel 40%.
VisionEdgeOne (VE1) signed an agreement for acquiring 50% of Italian biomethane platform RE2Sources from Arjun Infrastructure Partners (see here a previous post by BeBeez). The transaction may close in September 2025. Christian Kjærulf is a managing director of VisionEdgeOne. Romain Py is a partner of Arjun. Alessandro Massone is the ceo of RE2Sources.
SGD Pharma, a portfolio asset of PAI Partners,acquired Alphial, an Italian packaging company, from Entangled Capital (66.67%) and Capital Dynamics (see here a previous post by BeBeez). Ethica Corporate Finance, PedersoliGattai, PwC, RDRA, and Fortlane Partners (fka Goetzpartners). Roberto Giudici is the ceo of Entangled Capital. David Smith is a senior managing director of Capital Dynamics. Valerio Marchi is the ceo of Alphial.
Phenna Group, an UK Testing, Inspection, Certification and Compliance (TICC) provider that belongs to Oakley Capital, acquired Italian competitors Sfera and IPI – Ingegneria Per l’Industria (see here a previous post by BeBeez). Adacta Advisory – Pandea Global M&A assisted Phenna Group. Sfera previously belonged to Carmela Fratello (28%), Giovanni Iocca (28%), Daniele Rocchi (13%), Stefano Tuzzi (13%), ceo Daniele Giustiniani (5%), and other minority shareholders. IPI previous main owners are Roberta Del Moro (28%), ceo Daniele Marchionni (28%), Patrizia Giorgini (13%), Arnaldo Rocchi (13%).
Sources said to BeBeez that Vesper Next Generation Infrastructure Fund I attracted the resources of an USA’s pension fund and raised a total of 115 million euros (see here a previous post by BeBeez). Sources said to BeBeez that in 20226, the fund expects to close two or three deals in Italy and Spain. Livio Fenati, Alfredo De Falco, Paola Rastelli, Olaf Nordmeyer, Giacomo Rossi, and Guillermo Royo-Villanova are the founders of Vesper Infrastructure.
Antonino Emanuele and Carla Abis raised 0.5 million euros for Big Tower Group, a search fund that aims to acquire a 10 – 30 million euros worth Italian B2B player facing generational issues and operating in the sectors of Digital, Healthcare, Food&Beverage an Business Process Outsourcing (see here a previous post by BeBeez). The target may have sales of 5 – 40 million and an above 10% ebitda margin. See here the BeBeez Search Funds Insight View available for the subscribers to BeBeez News Premium and BeBeez Private Data. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors the 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
