Dowload here the BeBeez Private Equity Report 2024 and 1H25 report.
Sources said to BeBeez that HIG Europe sold Project Informatica to London’s EMK Capital for 7.5X 2025 expected ebitda of 35 million euros for a total of 260 million (see here a previous post by BeBeez). Rothschild & Co, Pavia e Ansaldo, PwC, and BCG advised the vendors. EMK retained Case Cassiopea, Finerre, PedesoliGattai, RDRA, New Deal Advisory, and Bain. Raffaele Legnani, managing director, heads HIG’s Italian bureau while Giovanni Guglielmi is a managing director. Alberto Ghisleni is the founder and CEO of Project Informatica. Fabio Cadeddu is a partner of EMK in Milan. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors EMK Capital, HIG 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.
Stirling Square Capital Partners acquired the majority of Iconsulting, an Italian Data & AI operator, from Federico Ravaldi and Simone Fiocchi that will keep a 42.5% stake in the business. Enrico Biale is a partner of Stirling Square. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Stirling Square 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
RP Group, an Italian producer of medical items with hyaluronic acid that belongs toMilan-based Ethica Group’s vehicle Ethica Global Investments, acquired 70% of the competitor Seventy BG (see here a previous post by BeBeez). Attilio Giannella and Jenny Giannella will keep their roles as the target’s ceo and head of marketing. Bartolomei, Nexia Audirevi and Chiaravalli Reali e Associati advised the buyer. Claudio Bartolomei is the chairman of RP Group. Cosimo Vitola is the ceo and co-founder of Ethica Group. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors RP Group, Ethica Global Investments 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
Wide Group, an Italian insurance broker that Gianluca Melani, Gerardo Di Francesco and Matteo Barbini founded and that Pollen Street Capital owns, hired BonelliErede for acquiring AssiBrokerTirreno from Simone Occhiuto and Emiliano Zenobi that will keep their management roles (see here a previous post by BeBeez). In July 2025, Wide Group received an up to 300 million euros financing commitment from Blackrock. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Pollen Street 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.
Ravano Power acquired Aemmegi Società Agricola from former even owners Carla Lenti and Augusto Scarabelli (see here a previous post by BeBeez). IPG Law Firm and ApicAll acted as sell-side advisors. Studio Legale Associato Sani Zangrando assisted Ravano Power which equally belongs to Virginia Ravano and Fiagio. Edoardo Ravano and GiovanniRavano are the coo and chairman of the company.
Xca, a joint venture that Arcese signed with the Conti Family, acquired Autotrade & Logistics (see here a previous post by BeBeez). The vendors received assistance from Pirola Corporate Finance and Legance while Xca retained Vitale & Co, Gianni & Origoni and PwC. Chiomenti advised Illimity Bank which financed the transaction.
Italy’s Industrie Polieco-MPB, a company of which the Tonelli Family has 85% and Milan-listed investment holding RedFish LongTerm Capital 15%, signed an agreement for acquiring Dutch competitor The Compound Company (see here a previous post by BeBeez). Luigi Tonelli is the chairman of Industrie Polieco which retained Rembrandt M&A, EY, Gitti and Partners, De Metz Advocaten, Van der Feltz Advocaten, and Melchers Rechtsanwälte Partnerschaftsgesellschaft. The Compound Company hired Stifel. Paolo Pescetto, Andrea Rossotti, Simone Lo Giudice and Joanna Gualano are the founders of RedFish LongTerm Capital. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors RedFish LongTerm 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
Koinos Capital launched Meduce Società Benefit, a platform company for the Continuing Medical Education, out of the acquisition and merger of Dynamicom Education from Gianluca Soldà, Martina Maggiani and Giorgio Maggiani, Formedica from Susanna Priore and Meeting Planner from Maddalena Milone that will generate an aggregate turnover of 35 million euros (see here a previous post by BeBeez). Green Arrow Private Debt Fund and Arcano Private Debt financed the transactions. Meduce aims to integrate a further 10 companies in the next 18 months. Koinos Capital retianed EY Parthenon, EY and Simmons & Simmons. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Koinos 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
Alto Partners and Idea Cinquanta acquired FIP MEC, an Italian industrial company (see here a previous post by BeBeez). Sandro Rasera, ceo, Mauro Criscuolo, head of sales, and Patrizio Napolitano invested in the deal. McKinsey, Gatti Pavesi Bianchi Ludovici, New Deal Advisor, Studio Volpi Bottega Michetti, Bdo, Erm, and Sopa Broker assisted Alto Partners. The vendors retained Chiomenti. Gianmarco Gandolfi and Filippo Sabbion are the ceo and associate partner of Alto Partners. Andrea Cavagnis and Matteo Cavagnis are the chairman and ceo of Idea Cinquanta. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Alto 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
Milan-listed private equity and PIPE (Private Investments in Public Equity) investor Smart Capital acquired 48.9% of Italian industrial company Officina Ciesse (Ciesse) through its portfolio company Smart4Mechanics (see here a previous post by BeBeez). Ethica Group and Campa Avvocati assisted the buyers. Ciess previously belonged to Immobiliare CC (51%), Alessandro Canali (17%), Giorgio Canali (16%), and Franca Cinti (16%). Andrea Costantini heads Smart Capital as chairman and ceo while Roberto Francani and Andrea Faraggiana. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Smart 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
Flexible Capital Fund, part of DeA Capital Alternative Funds sold its 42% of Italian stationery and accessories brand Legami to Italian publisher De Agostini, a company of the Boroli and Drago families (see here a previous post by BeBeez). Legami also belongs to ceo and founder Alberto Fassi (54%), Massimo Dell’Acqua (2%) and Giuseppe Soda (2%). Vincenzo Manganelli and Federico Giribaldi act as managing directors of Flexible Capital Fund. Enrico Drago is the executive chairman of De Agostini. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors DeA Capital Alternative Funds 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
PureLabs, an Italian hub for diagnosticss that ceo Nino Lo Iacono founded and in which RedFish LongTerm Capital invested, acquired the competitor Ricerca Diagnostica from Centro Medico Milanese, Valeria Poggi Longostrevi (former 54.17%) and Claudia Garofalo (33.33%) (see here a previous post by BeBeez). Mario Spagnuolo, EpyonVivida and Dentons assisted PureLabs. Ricerca Diagnostica retained Studio Pellegrino and Studio Puopolo. Valeria Poggi will keep a role of director of Ricerca Diagnostica. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors and PureLabs 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
South Korea’s Bio-Medical Science acquired the majority of Italian competitor Optika, from former owners Pietro Oliveri (60%) and Simona Grossi (40%) ahead of a total take over by 2027 (see here a previous post by BeBeez). GOP advised the buyer while the vendors retained OMH. De Martinis & Partners acted as public notary.
Alessandro Alunni Bravi launched Theorikon Industrial Fund SCA SICAV-RAIF, a 12-years Luxembourg’s Deep Tech, Fintech, Lusso, Motorsport, Green, and Blu Economy fund for the Italian mid-market (see here a previous post by BeBeez). Theorikon will invest tickets of 5 – above 50 million euros. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Theorikon Industrial Fund 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
Vitis Capital, a search fund that Francesco Contento and Daniele Zagnoni launched with the advisory support of Gianni & Origoni and LS Lexjus Sinacta – Treviso, attracted 0.68 million euros commitments from a pool of investors (see here a previous post by BeBeez). Eureka! Venture, Moonbase Global, INSETA Partners, Inversiones Cabiedes, EPA Investissement, Phidias Capital, Turtle Capital, Iniginy Capital, Colca Capital, Ventus Capital, Linta Partners, Monforte Capital, oltre a investitori individuali di riferimento nel settore come Simon Webster, Pierre-Paul Benoit, Loris Lanzellotti, and Giovanni Toffolutti provided resources for Vitis. The BeBeez Insight View about Search Funds is 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
On 2 December, Tuesday, the RASS – Studio Rinaldi Associati in via Conservatorio, 2 – 20122 Milan, will host the BeBeez Networking Cocktail at 5: 45 PM to speak about Carve-out Deals.
Programme:
5.45 pm Registration
6.00 pm Round table
The private equity market in Italy
Andrea Lazzaretti, equity partner
RASS -Studio Legale RInaldi Associati
Perpetual compounders, who is investing in Italy
(see Figures in the Insight View by BeBeez)
Stefania Peveraro, editor-in.chief BeBeez
The compounders model: industrial vision and permanent capital
Tom Van der Haegen, founder & ceo Newport &Co
Jimmy Clarini, co-founder & chief development officer Newport &Co
Investing in perpetual compounders: opportunities in Europe vs US
Matthew Morris, founder & managing partner Hampton River Partners
Gustaf Håkansson, principal Hampton River Partners
7.00 pm Networking cocktail
The following firms guest the Event:
See here the Private Equity Backed Managers Awards Video and here the presentation slides with the private capital data in 3Q25 of the BeBeez and Di Luccia & Partners Private Capital Gala that Stefania Peveraro, the Editor in Chief of BeBeez, chaired. The following professionals joined the event as panelists: Giuseppe Donvito (P101), Amedeo Giurazza (Vertis), Massimiliano Magrini (United Ventures), Stefano Peroncini (Eureka! Venture), Mario Fera (Clessidra Capital Credit), Claudio Nardone (Sagitta), Antonella Negri Clementi (Global Strategy), Leonardo Ricci (WRM Group), Marco Belletti (Azimut Libera Impresa), Antonio Da Ros (Quant>ICO), Andrea Ottaviano (Clessidra Private Equity) Roberto Spada (Spada Partners), Nicola Colavito (Peninsula Capital), Giovanni Tamburi (Tamburi Investment Partners), and Marco Tugnolo (FSI).The following firms sponsored the Private Equity Gala: Clessidra Group, Spada Partners, WRM Group (Gold Contribution), Arcadia Azimut Libera Impresa, Banca Valsabbina, Contract Manager (Silver) Banca Ifis, FG2 Capital, FSI, and Mindful Capital Partners (Bronze). Aksìa, Argos, Balich Wonder Studio, Corporate Risk Watch, Global Strategy, Green Arrow Capital, Kroll, RSM Italy, RIV Capital, Smart Capital, Spriano Communication, and SWOT Legal were welcome guests at the event.
The following professionals received the Private Equity Backed Managers Awards 2025:
Prize portfolio company platform pharma-healthcare
Riccardo Zagaria, ceo DOC Pharma
Nominations: Giovanni Gianolli, ceo Bianalisi; Davide Masini, ceo Healthea Group (BioDue); Davide Tavaniello and Rodolfo Guarino, co-ceo Hippocrates Holding; Alessandro Del Bono, chairman and ceo Neopharmed Gentili
Prize portfolio company industrial products and services
Stefano Susani, ceo Officine Maccaferri
Nominations: Andrea Lanuzza, ceo Aquanexa; Nicola Baroni, ceo Fulgard; Marco Codognola, ceo Itelyum
Prize transformational M&A
Fabrizio Burlando, ceo Bancomat
Nominations: Alberto Idone, ceo BIP; Maurizio Pescarini, ceo Facile.it; Matthias Brommer, group ceo Ourvita; Gabriele Del Torchio, ceo Nexture; Richard Kane, ceo Panini; Matteo Mastrotto, ceo Rino Mastrotto
Prize portfolio company platform insurance broker
Antonio Marchitelli, ceo MSA Mizar
Nominations: Gianluca Graziani, ceo Ardonagh Italia; Marco Amato, head of m&a Consulbrokers; Manfredo Sciarretta, ceo Edge Group; Carlo Maria Bassi, ceo GBSapri; Matteo Corbari, head of m&a, PIB Group; Gianluca Melani, ceo Wide Group
Prize portfolio company platform Software&ICT
Alessandro Geraldi, ceo Impresoft
Nominations: Andrea Ruscica, ceo Altea Federation; Vincenzo Fiengo, ceo DGS; Matteo Moretti, Lynx; Gianluca Longo, ceo Safety 21; Federico Leproux, ceo Teamsystem
Prize portfolio company platform foof/ingredients
Alessandro Angelon, ceo Sammontana Italia (Lorenzo Dell’Orso, head of m&a, collected the reward)
Nominations: Costantino Vaia, ceo Casalasco; Roberto Gusmaroli, ceo Vivaldi Group; Antonio Ferraioli, ceo Windoria
Prize SME growth
Thomas Sergnese and Daniele Bocchieri, co-ceos Value Group (Daniele Bocchieri)
Nominations: Edgardo Cremascoli and Davide Cremascoli, ceo Adler Ortho; Darix Gecchele, ceo Il Fornaio del Casale; Stefano Pedron, ceo Jakala; Goran Kremenovic, ceo KEP Italia; Marco Giovannini, ceo Mech-i-Tronic (Groupack); Stefano Maza, Morato Group; Juan Mogullon, ceo Nice; Michele Poggipolini, ceo Poggipolini; Thomas Sergnese and Daniele Bocchieri, co-ceos Value Group
Prize big deal
Gabriele Burgio, chairman and ceo of Alpitour World
Nominations: Francesco Fattori, ceo Casa Optima; Pieter Coopmans, ceo Firstance; Max Pellegrini, ceo Namirial; Monica Scarpa, ceo SAVE
Prize mega deal
Silvio Campara, ceo Golden Goose (Marco Neroni, Chief Brand Officer)
Nominations: Francesco Forleo, ceo 2i Rete Gas; Stefano Ballista, ceo Enilive; Paolo Martini, ceo Plenitude; Michele De Censi, ceo Sorgenia
Special Prize from BeBeez Readers:
Andrea Ruscica, ceo Altea Federation
