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
Italian private equity executive search firm Di Luccia & Partners launched Di Luccia Business School (DLBS) for which Richard Arsan will act as ceo (see here a previous post by BeBeez). Arsan formerly worked as ceo of LIUC Business School and coo of ALTIS – Università Cattolica. Private equity partners will hold classes of DLBS. Domenico Di Luccia heads Di Luccia & Partners and said to BeBeez that DLBS model is scalable, therefore the firm is already rolling out worldwide starting with the UK and Brazil.
USA’s VSP Vision signed an agreement for acquiring Italian eyewear company Marcolin from PAI Partners and other minority owners for an undisclosed value (see here a previous post by BeBeez). In 2023, PAI Partners appointed Goldman Sachs for selling Marcolin on the ground of an enterprise value of 1.35 billion euros. CapM Advisors and Latham & Watkins assisted the minority shareholders of the target. Kirkland & Ellis and Chiomenti advised VSP. Marcolin also said it expects to reimbourse before the closing the 350 million senior secured bond with a 6.125% rate that issued in May 2021 and maturing in 2026. The company will pay a 100% price. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors PAI 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
Sostelia, a water treatment company that belongs to Xenon Private Equity (65%) and the management, expects to receive the non-binding by Autumn 2025 (see here a previous post by BeBeez). Rothschild is handling the sale process. Sostelia has sales of 100 million euros and a 20 million ebitda. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Xenon 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
Investindustrial’s platform company Advanced Control Solutions (ACS) acquired the majority of DEA Group (DEA System and DEA HT) from the Lievore Family and EL.MO. Security Holding IT, two producers of solutions for access automation and integrated security systems (see here a previous post by BeBeez). Salvatore Pastorello, Giuseppe Pisani (ceo) and Elia De Cicco sold EL.MO. ACS aims to generate revenues of 100 million euros (50% export). Andrea C. Bonomi is the chairman of Investindustrial industrial advisory board 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
Illycaffè, the Italian food company that belongs to the Illy Family (80%) and Rhône Capital (20% since 2020), acquired 80% of Capitani, an Italian manufacturer of coffee machines for domestic use, from the eponymous former owners that will keep a 20% of the business (see here a previous post by BeBeez). Illycaffè retained Gianni&Origoni and PwC. Capitani hired CDI Global Italy, Conti Giudici Recanzone and Marco Bonioli. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Rhone 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
Sources said to BeBeez that Millbo-Bionaturals, an Italian producer of baked food ingredients that since 2020 belongs to Apheon (fka Ergon Capital Partners), received a 25 million euros acquisition financing facility from Ambienta Sustainable Credit Opportunities for buying US competitors Cain Foods Industries Inc (see here a previous post by BeBeez). The Dallas (Texas) competitor belongs to the Cain Family, the ceo Tom McCurry that will reinvest for a minority. Houlihan Lokey advised Millbo, a company that Alessandro Boggiani founded. Riccardo Collini is a partner of Apheon. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Apheon 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’s platform company Babcock Wanson Group, a French provider of equipment and solutions for the production and management of thermal energy for industrial processes, acquired Spain’s competitor ACT Andaluces (see here a previous post by BeBeez). Alfredo Córdoba Toro, Alfredo Córdoba Carrasco and María Ángeles Córdoba Carrasco sold the asset and will keep their management roles. Cyril Fournier-Montgieux is the ceo of Babcock Wanson Group. Gwenaëlle Le Ho Daguzan is a private equity partner of Ambienta. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Ambienta 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
Banca Investis (fka Banca Intermobiliare – BIM), a portfolio company of Attestor Capital since 2022, sold to Unipol its 50% of BIM Vita (see here a previous post by BeBeez). Kitra Advisory assisted Banca Investis. KPMG Advisory advised the board of directors of Unipol that now owns the whole of BIM Vita.
Azzurra Capital said it acquired 25.45% of Proger, an Italian engineering & management firm of which the managers and current shareholders will keep 74.55% on the ground of an enterprise value of 222.4 million euros (see here a previous post by BeBeez). Umberto Sgambati (chairman), Marco Lombardi (ceo) andthe other executives own 51.3% of Proger. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Azzurra 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, a single-family office of Leonardo Maria Del Vecchio, raised to 100% its 54% stake in Boem, an Italian soft drinks startup in which the buyer invested 3 million euros in 2024 (see here a previous post by BeBeez). Italian rappers Lazza (3%), Fedez and the Bernabei Family (43%) sold their stakes. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors LMDV 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
Italcer, an Italian producer of high-end tiles that belongs to Mindful Capital Partners, Miura Partners and Capital Dynamics and that ceo Graziano Verdi heads, signed a commercial partnership for the production of items in Italy’s competitor Del Conca Loudon (Tennessee) plant (see here a previous post by BeBeez). Italcer has sales of 340 million euros an ebitda of 170 million and net cash in the region of 19 million. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Mindful Capital Partners, Capital Dynamics 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 Superstudio Events acquired Audiolux, an Italian player for the sector of audio, video and lighting (avl) (see here a previous post by BeBeez). The companies will have aggregate sales of 31 million euros with a 33% ebitda margin. Deutsche Bank acted as deal advisor. Riccardo Bigio (general manager) and Tommaso Borioli (ceo) head Superstudio Events. Ettore Dell’Orti is the founder of Audiolux. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Superstudio Events. 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 chemical B Corp company Kerakoll acquired Dubai’s competitor PAC Technologies from International Development Company, PAC Technologies LTD BVI and the founder Michel Edmond Nachef (see here a previous post by BeBeez). The buyer retained BonelliErede, KPMG and TAUW. Fabio Sghedoni and Marco Zini act as vice chairman and ceo of Kerakoll while Saed Mattar is the company’s regional director MEA & GCC.
Diagram, an agritech that CDP Equity and Trilantic Europe acquired from Nextalia in 2024, aims to invest up to 200 million euros in m&a deals in East Europe (especially Poland) for generating sales of above 220 million by 2030 (see here a previous post by BeBeez). The company also aims to expand its presence in Iberia, Brazil and South America, ceo Roberto Mancini said and pointed out that at a second stage he will also focus on USA, China and India. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Nextalia, CDP Equity, Trilantic Europe 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
Omega Pharma, a portfolio company of 21 Invest, signed an agreement for acquiring Cieffe Derma, a producer of dermocosmetics and food supplements, from AZ Eltif Ophelia, a vehicle that Azimut Libera Impresa manages, and the Frontera Family (see here a previous post by BeBeez). Salvatore Frontera will remain in charge as Cieffe ceo and reinvest in the company. Omega Pharma retained PedersoliGattai, EY Advisory, Russo De Rosa e Associati, and Ethica Debt Advisory. Cieffe Derma, Gruppo Azimut and Frontera received assistance from Fivers Studio Legale e Tributario. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors 21 Invest 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
Germany’s Quarzwerke, a company active in the fields of mining, processing and refining of industrial minerals, acquired 75% of Eurovetro Trading, an Italian glass recycling firm, of which Pierluigi Galli and Patrizia Quadrelli kept 25% (see here a previous post by BeBeez). Equita Mid Cap and Studio Carbone D’Angelo Portale Purpura assisted the vendors. KPMG, Dentons and Russo De Rosa Associati advised the buyers. Robert Lindemann-Berk is the ceo of Quarzwerke.
Private Equity Opportunities, a fund that Banco BPM Invest launched, attracted commitments worth above 200 million euros for its first closing ahead of a 290 million hard cap target (see here a previous post by BeBeez). Banco BPM will act as anchor investor for the vehicle that will target Italian mid and lower mid-market companies and secondary investments in Italian and European private equity funds. Antonio Mignone is the ceo of Banco BPM Invest.
Guido Emanuele Fucci, a former principal of Ambienta, received the advisory support of Eptalex, GPBL and public notary ZNR for launching Italian search fund Vela Equity Partners that attracted 0.45 million euros that will finance the target scouting for the next 24 months (see here a previous post by BeBeez). Vela aims to buy a B2B Italian company with a turnover of 10 – 50 million. The vehicle attracted the resources of Istria Capital, Relay Investments Europe, OnetoOne Asset Management, Vonzeo Capital, Evolutiq, Search Capital Partners, Jan Woitchaeztke, Till Bossert, Alexander Kirn, Herbert Doleisch, Jürgen Rilling, Nicolas Rudzki, and other investors. Fucci is a Turin Polytechnic University alumnus, completed his MBA at Madrid’s IE Business School and a Master of Advanced Management at Yale School of Management. Fucci said to BeBeez: “A distinguishing feature of Vela Equity Partners is the emphasis on innovation in the deal sourcing and analysis process. We signed a partnership with the start-up DeepTree, for which I am senior advisor, for using artificial intelligence tools to support the research and appraisal of target. This data-driven, yet highly customised, approach is a competitive advantage”. 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
Sources said to BeBeez that on 1 August, Friday, Rocco Dionisi sold minor Italian football club US Alessandria Calcio 1912 to Santa Devota, the family office of Antonio Barani (the founder and 16.53 owner of Renergia) (see here a previous post by BeBeez). Luciano Mariano acted as public notary. Federico Mattia Dolci is the ceo of Marte Advisory, the firm that Barani hired for the club’s restructuring.
Cantina Ronchi di Manzano, and Italian wine company, sold to Italian investor Progetto Finance (see here a previous post by BeBeez). Studio legale Campeis assisted the vendors.
The Corporate Finance & Strategy team of Italian management consulting firm BIP, a portfolio company of CVC Capital Partners since 2021, appointed Giacomo Iannelli (partner for Value Creation and Business Transformation), Stefano Monza (Head of Italy’s Coverage Private Equity), Enrico Orsenigo (Head of Infrastructure & Energy), and Stefano Travaglianti (head of modelling and company evaluation) (see here a previous post by BeBeez). BeBeez Private Data, the private capital database of BeBeez and FSI, monitors CVC 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
