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HPS Investment Partners, part of BlackRock, and London’s Arcmont Asset Management (AAM) converted in a majority equity stake the two-tranches 285 million euros bond that supported Carlyle for the 2022 acquisition of Dainese, an Italian producer of iconic motorcycle suits and technical clothing (see here a previous post by BeBeez). HPS and AAM will pour further resources in Dainese for reducing its 300 million debt and relaunch the business. Angel Sánchez is the ceo of the target. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Carlyle, HPS Investment Partners, Arcmont Asset Management, 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.
The Italian antitrust authority called off the Gruppo MSC (Aponte Family) acquisition of troubled Italian shipping company Moby’s 49% (see here a previous post by BeBeez). Italian shipping company Grimaldi appealed before the authority claiming concentration issues. In September 2023, Milan Court authorised the MSC acquisition of a stake in Moby that was implementing a receivership plan. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Moby and its investors. 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 credit servicer DoValue said it issued a 300 million euros bond for financing the 350 million acquisition (and a further 40 million earn out in 2028) of German competitor coeo Group from Waterland Private Equity (see here a previous post by BeBeez).
Frigoveneta, a refrigeration sector company that belongs to Ambienta since 2024, acquired Italian competitor Freddo & Co from ceo Michele Piovesan (63%), Enrico Signorini (20%) and Roberto Canova (17%) that reinvested in the deal (see here a previous post by BeBeez). Ambienta retained Ethica Group, Gatti Pavesi Bianchi Ludovici and EY Parthenon. Perpethua assisted Freddo & Co which has sales of 1.9 million euros, an ebitda of minus 0.076 million and equity of minus 0.785 million. Massimiliano Lecchi is a private equity principal of Ambienta. Marco Rampichini is the ceo of Frigoveneta. 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.
