Download here the table of the biggest deals in 2025 and here the full BeBeez Private Equity Report 2025 with all details. BeBeez Private Equity Report 2024 of BeBeez Private Data is also available.
Milan-listed paytech Nexi said that Advent International, Bain Capital and Clessidra sold a their stakes in the business for a total of 41.37% (see here a previous post by BeBeez). Nexi also belongs to Hellmann & Friedman (22.23%), CDP Equity (19.14%), Eagle (AIBC) & CY (6.78%), AB Europe (2.24%), Blackrock (3.17%), and Barclays (0.564% and a potential stake of 5.752% arising from long positions through physical delivery convertible bonds, portfolio swaps and equity swaps). BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Nexi and its private equity 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
Piovan, a portfolio company if Investindustrial, said it acquired Mix&Co and BHT (see here a previous post by BeBeez). Assietta Private Equity, Guglielmo Pellacani, Ermes Prati, and Loris Marchesi sold Mix&Co. BHT previously belonged to ceo Gianfranco Faltracco (90%) and Monica Golinelli (10%). The managers of the targets will keep their roles. Piovan retained NDA, Chiaravalli Reali e Associati and SAT Studio Legale. BHT received assistance from MBL PRO. Filippo Zuppichin is the ceo of PiovanGroup. 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
Philipp Navratil, the ceo of Swiss food giant Nestlé, said that the company aims to sell its ice creams unit that have a turnover of above 1.25 billion US Dollars (see here a previous post by BeBeez). The assets could be of interest to PAI Partners’ trade buyer Froneri which also belongs to Abu Dhabi Investment Authority (ADIA) and Goldman Sachs Alternatives Vintage Strategies.
The talks of Milan-listed industrial company EuroGroup Laminations (Egla), a Tikehau Capital portfolio asset since 2020, with FountainVest for the sale of a 55.3% of the business at 3.85 euros per share or 346 million euros stalled (see here a previous post by BeBeez). The India’s foreign investment authority did not grant its authorization.
Milan-listed INWIT, a portfolio company of Ardian and Crédit Agricole Assurance, attracted the take-private interest of Canadian NYSE-listed Brookfield Asset Management (see here a previous post by BeBeez). BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Ardian Infrastructure, Credit Agricole Assurances and their investments. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
ISA (Istituto Atesino di Sviluppo – a firm that Giorgio Franceschi head), the Tommasi and Tassara Families, Sofia Holding, Valentina Francesca Maria Brioschi (the head of Brioschi Sviluppo Immobiliare) joined Alba for launching a take-private offer on Milan-listed real estate investor Borgosesia (see here a previous post by BeBeez). Davide Schiffer is the ceo of the target that attracted a 0.71 euros per share (cum dividendo) offer ending on 9 March, Monday, from Alba that may invest up to 33.9 million euros for the takeover.
UK Tico Capital Management’s head and CIO Julian Harper said that Banca CF+ (CF), a firm that belongs to Elliott Investment Management and Tages, must sweeten its offer for taking private Milan-listed Banca Sistema, a company that Gianluca Garbi founded in 2011 (see here a previous post by BeBeez). On 26 January, Monday, CF launched a 1,8 euros per share offer ending on 27 February, Friday, on Banca Sistema for which it received the authorization of the EBC and Banca d’Italia. The bidder will pay 1,382 euros in cash and 21 stocks of Kruso Capital, a Milan-listed subsidiary of Banca Sistema for a deferred value of 0,418 euros (see here the Offer File). Tico Capital filed with Consob, the Italian stock market authority, a letter saying that the offer is low and asked the integral release of Equita’s fairness opinion.
Italian insurer Reale Group signed a binding agreement for acquiring 80% of Lifenet Healthcare from Nicola Bedin (former 53.33% owner) and Exor (45.2%) (see here a previous post by BeBeez). Bedin will keep his ceo role while Reale will appoint the majority of the board members. The vendors retained J.P. Morgan (lead financial advisor), beLab (legal DD), BCG (commercial), EY (financial and tax), and JLL (real estate). Exor also appointed PedersoliGattai (legal) while Bedin hired Outis (strategic advisor) and GPBL (legal) too. Luca Filippone is the general manager of Reale which received assistance from Deloitte Advisory (M&A advisory), Pavesio e Associati, BonelliErede (legal), and CBRE (real estate). BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Exor 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
Finlogic, an Italian smart labels producer that since 2023 belongs to Credem Private Equity, Aurora GrowthCapital (fka NB Aurora) and PM&Partners, said it acquired 51% of competitor Etichettificio Jolly from the ceo Raffaele Bagnoli and his family (see here a previous post by BeBeez). Dino Natale is the ceo of Finlogic.
LMDV Capital portfolio company Vice Pictures (VP), a media firm, acquired 49% of LV Legacy Media from Milan-listed Leone Film Group (LFG) (see here a previous post by BeBeez). The buyer paid a first instalment of 10.9 million euros on 5 February, Thursday and will pour a further 2.6 million in the next three year. Fides Corporate Finance and BIP Law & Tax assisted Leone Film Group. PedersoliGattai advised Vice Pictures while Rome’s Luca Amato acted as public notary. 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.
VAR Group, a subsidiary of Milan-listed IT firm Sesa, acquired InnoTech, an Italian software factory and SAP Partner Build (see here a previous post by BeBeez). Francesca Moriani is the ceo of Var Group while Fabio Falaschi is the head of Enterprise Platform. Enrico Biolo is the ceo of InnoTech. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Sesa. 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 renewable energy group Innovo, a firm that Rodolfo Bigolin founded, sold 51% of Innovo Agri to Lexham Power, a portfolio company of EOS Investment Management Group (EOS IM) (see here a previous post by BeBeez). After the deal closing, the target will rebrand as NT Innovo Agri and will also belong to Innovo Capital Partners (39%) and Nextitude (10%). Bigolin will act as ceo and Marco Scarpelli as managing director. Filippo Stefanelli is the ceo of Lexham Power. Giuseppe La Loggia is a senior partner of EOS Investment Management Group. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors EOS Investment Management Group 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 Funeral House HOFI, a portfolio company of Augens Capital, BMO Global Asset Management, Antin Infrastructure Partners, and Columbia Threadneedle, acquired competitors Onoranze Funebri Bramati and Gruppo di Onoranze Funebri Treccani from James Treccani and Eddie Treccani (see here a previous post by BeBeez). Bramati previously belonged to Liliana Donà and Roberto Jelmini who received assistance from Nunziante Magrone and Crosti e Chiavacci (2CTAX). HOFI retained LCA, Chiomenti and Sampietro. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors HOFI, Augens Capital and their coinvestors. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Movinter, an Italian producer of railways components that since April 2023 belongs to Milan-listed RedFish LongTerm Capital (RFLTC), signed a conditional binding agreement for acquiring from 80% of Metal Finishing System (MFS), an US competitor, from the founder Earle Bare that will fetch 1.85 million US Dollars and keep a 20% stake (see here a previous post by BeBeez). The parties will sign a closing upon the achievement of KPIs by 31 March 2026. Simone Lo Giudice is the ceo of Movinter and the investment manager of RFLTC for which Andrea Rossotti acts as ceo, Paolo Pescetto as chairman and Joanna Gualano as legal director. 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
Alcedo acquired 70% of Edg, an Italian high-end design company, from Enzo De Gasperi that will keep the remaining stake in the business (see here a previous post by BeBeez). PwC, ERM and PedersoliGattai assisted Alcedo. The vendor retained Circle Brain, CBA, Mario Sarti, Federico Sarti, and EY. Unicredit, MPS, Cassa Centrale, and Banca Prealpi financed the transaction and appointed McDermott Will & Schulte. Maurizio Tiveron and Filippo Nalon are Alcedo’s managing partners while Mattia Balagion is the cio and Giovanni Lorenzetto an associate. Andrea Todeschini acted as public notary in Padua. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Alcedo 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
Club del Sole acquired Garda Lake’s resort Le Palme Lazise Family Collection from the Olivieri Family which received support from Mediolanum Investment Banking (see here a previous post by BeBeez). Club del Sole belongs to CDS Holding (29%) and TEC-The Equity Club (30.21%), a club deal platform that Mediobanca, Filippo Penatti and Roberto Ferraresi launched. Francesco Giondi is the ceo of Club del Sole which also belongs to Aurora Growth Capital, Massimo Giondi, and Riccardo Giondi. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Aurora Growth Capital, The Equity Club 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.
Italy’s iconic house appliances brand Bialetti Industrie, a portfolio company of NUO Capital and the Guerrand-Hermès Family, attracted the investment of Prima Holding, a firm of the Loro Piana Family; Gefim (Zambon Family), and Carisma (Giovanni Cagnoli) (see here a previous post by BeBeez). The new investors will have 10% of Bialetti. Tommaso Paoli is the founder and cio of Nuo Capital.
Italian IT firm SB Italia, a portfolio company of Argos Fund (fka Argos Wityu), rebranded as Havant: Shaping Innovation (see here a previous post by BeBeez). Pietro Lanza is a director of the company. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Argos 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.


