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.
Petrus Group called off the sale of its 49% stake in Telepass of which Mundy’s (fka Atlantia) has 51% (see here a previous post by BeBeez). Mediobanca and UBS tried to sell the asset on the ground of an enterprise value of 4 billion euros but attracted lower offers from Advent International which retained Jefferies (3.2 billion bid), Warburg Pincus (2.6 billion), Morrison (2.1 billion), and a fourth undisclosed player. Mundy’s is a vehicle of Edizione (Benetton Family) and Blackstone Infrastructure Partners.Luca Luciani is the ceo of Telepass. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Petrus Group and its 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
Milan-listed Sys-Dat Group acquired 30% of Humatics and became the sole company’s owner on the ground of a 2026-2028 earn-out plan (see here a previous post by BeBeez). Sys-Dat also belongs to ceo Matteo Neuroni and his family, Alkemia Capital Partners and Barca Global Master Fund. Davide Conigliaro, Marco Cristani and Pietro Lovato are the founders of Humatics. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Alkemia Capital Partners and its 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
Carehub, a portfolio company of Silver Economy Fund – Quadrivio since 2024, acquired 70% of Fisioter, 100% of Braconi and 70% of Media Salutis (see here a previous post by BeBeez). Alessandro Binello is the ceo of Quadrivio Group. Gianluca Santoro and Alessandro Bartucci are the co-ceos of Brexia Med, part of Carehub. Giovanna D’Innocenzo sold the majority of Fisioter. Luca Braconi sold Braconi Diagnostica. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Quadrivio and its 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
Angelini Wines & Estates, part of Angelini Industries, acquired 65% of Arnaldo Caprai from Oaktree and ceo Marco Caprai that will keep a 35%, according to BeBeez data (see here a previous post by BeBeez). Angelini retained Pietrostefani Corporate, Avvocatidiimpresa and CDR Advisory. Alberto Lusini, the ceo of Angelini Wines & Estates, joined the target’s board. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Oaktree and its 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
Argos Fund (fka Argos Wityu) acquired 75% of Milan-listed STAR7 at 11,90 euros per share from ceo Lorenzo Mondo (41.7%) and Star AG (33.4%) (see here a previous post by BeBeez). Anima has 9.5% of the target. Argos received assistance from Alantra, EY Capital & Debt Advisory, Bain, Alvarez & Marsal, WST, Capgemini, Tauw, and Giovannelli e Associati. The vendors retained Emintad Italy, White & Case and PwC. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Argos and its 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
Digit’Ed, a Nextalia portfolio company that reportedly retained Rothschild and Banca IMI for handling a sale, attracted a non-binding offer of Providence Equity Partners (see here a previous post by BeBeez). The asset also attracted the interest of KKR, TA Associates, Tpg, and Antin. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Providence Equity Partners and its 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
Ersel Banca Privata, a private bank that the Giubergia Family heads, launched Fondersel Opportunità Italia (FOI) in the frame of Fondo Nazionale Strategico Indiretto (Fnsi), a programme of the Italian Ministry of Economy and Finance (Mef) that Cdp handles (see here a previous post by BeBeez). Ersel Asset Management handles FOI which aims to raise 70 million euros to invest in private Italian smes or Milan-listed assets with a low market capitalization and will receive the co-investment support of Ersel’s institutional clients. Fnsi may commit for 35 – 50 million, up to 49% of the total fundraising. Andrea Rotti is the ceo of Ersel Banca Privata.
Valentina Molinari and Francesca Zanetti launched the search fund Artemide Capital Partners and attracted 0.64 million euros to invest by the next two years in the acquisition of an Italian sme with 10 – 40 million sales and an above 15% ebitda margin (see here a previous post by BeBeez). Eureka! Venture, Aurica Capital, Moonbase Global, Scipio Holding e GDA Search (Fondazione Social Venture Giordano Dell’Amore and BE-COME), Enrico Arietti, Marc Bartomeus, and Jurgen Rilling poured resources in Artemide which retained Eptalex – Garzia Gasperi & Partners. Stefano Peroncini is the ceo of Eureka! Venture. 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 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
Italian-British citizen William Hillgarth raised 0.5 million euros for the search fund Etrus Capital (see here a previous post by BeBeez). The vehicle aims to acquire an Italian sme with sales of 5 – 50 million and attracted the resources of Giacomo Andreoli’s Search Capital Partners, Visconti Capital, Eureka! Venture, Search Fund Club (SFClub – a firm that Enrico Arietti and Riccardo Triolo created), JB46, Istria Capital, Innesto Partners, Relay Investments, Valmaris Private Investors, Legate Partners, Inseta Partners, Iberica Investment Partners, Collective XP, Marc Bartomeus, Jose-Maria Clotet, Juergen Rilling, Carlo Luigi Fontana Giusti, Clemente di Napoli Rampolla, and others. 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 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
Clessidra Private Equity acquird Sopran Ciodue from Leonardo Ciampoli and Renato Casiroli (see here a previous post by BeBeez). Banca Ifis, Crédit Agricole Italia, Banca Monte dei Paschi di Siena, Bper Banca, and Banca Nazionale del Lavoro financed the transaction. Clessidra retained Fineurop Soditic, Advant Nctm, EY Parthenon, Kpmg, Studio RDRA, ERM, Howden, and Electa Italia. The vendors hired Pier Paolo Ferrando, PwC Advisory and PwC Legal. Ciampoli and the managers will reinvest in the deal. Rebecka Swenson and Vittorio Basei act as Clessidra directors while Andrea Ottaviano is the ceo. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Clessidra Private Equity and its 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
Ambienta, a firm that Nino Tronchetti Provera created, acquired the majority of The Bridge, an Italian dairy food producer, from Negro Marcigaglia and his family that will reinvest in the deal (see here a previous post by BeBeez). Francesco Lodrini is a partner of Ambienta which received assistance from Spayne Lindsay, Finerre, BCG, Advant NCTM, and KPMG. The Bridge retained Livingstone Partners and Baker McKenzie. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Ambienta and its 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
Tikedo, an Italian producer of labels that Vito Giurazza heads and belongs to White Bridge Investments since 2023, acquired Spanish competitors CMYK Grafica, Etiquetas Alvilab and Etyprinter (see here a previous post by BeBeez). The buyer retained Bufete Barrilero y Asociados, Deloitte, Anthesis, and Proj.Eco. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors White Bridge Investments and its 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
The Equity Club 2.0, a club deal that Roberto Ferraresi and Filippo Penatti head and acts in partnership with the Wealth Management unit of Mediobanca, said it acquired 45% of Lux Entertainment (see here a previous post by BeBeez). Ettore Riello, Francesco Dalla Rovere, Giorgio Tadolini, Marco Tadolini, Antonio Abete, and Denis Faccioli joined the 25 million euros deal. TEC retained Gatti Pavesi Bianchi Ludovici, KPMG and Bain & Co. Lux Entertainment hired Jast Capital Advisors, Hogan Lovells and Studio Asse. The target’s previous owners are Roberto Fantauzzi (60%), Josè Linguella (22.77%), Vanessa Arcangeli (4.72%), and Andrea Lucentini (6.93%). BeBeez Private Data, the private capital database of BeBeez and FSI, monitors The Equity Club 2.0 and its 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
Italy’s Bcube, an integrated logistics company that belongs to the Bonzano Family, said it acquired Alha Group (fka Ceruti and Co) (see here a previous post by BeBeez). Bcube reportedly attracted the interest of CDP Equity. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors CDP Equity and its 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
Sources said to BeBeez that Project Informatica, a portfolio company of EMK Capital since 2025, is close to acquiring Sistemi Hardware & Software and its subsidiary Stackna from the Caspon Family (see here a previous post by BeBeez). BeBeez Private Data, the private capital database of BeBeez and FSI, monitors EMK Capital and its 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
