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.
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Milan-listed Recordati attracted 10.7 billion euros (51.29 euros per share ex dividendo) take private offer of its anchor shareholder CVC Capital Partners that signed a partnership with Belgium’s Groupe Bruxelles Lambert (GBL) (see here a previous post by BeBeez). The closing could take place in 4Q26. Abu Dhabi Investment Authority (ADIA), CPP Investment Board Private Holdings, PSP Europe, StepStone, AlpInvest, MGG Strategic SICAF SIF, and CapSol will co-invest with CVC and GBL. The bidders retaines Goldman Sachs, Jefferies, JP Morgan, Mediobanca, Deutsche Bank, Morgan Stanley, PedersoliGattai, Latham & Watkins, and White & Case. Carmen André is a director of Rossini, the vehicle through which CVC invested in Recordati. Michal Chalaczkiewicz is an Investment Partner of GBL. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors CVC 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
Milan-listed Amplifon concluded an accelerated bookbuilding sale of 45.3 million shares of new issuance at 10 euros and fetched 453 million euros for financing the acquisition of the hearing unit of Copenhagen-listed GN Store Nord A/S (GN) on the ground of a 2.6 billion base debt free enterprise value (see here a previous post by BeBeez). The company attracted the resources of its shareholder Ampliter (100 million) and Tamburi Investment Partners (TIP) which poured 30 million. Amplifon will also carry on the buy through a shares swap and banking debt. To ensure the stability of the share price, GN agreed to a staggered lock-up period of up to 15 months on the shares it will receive. Enrico Vita is the ceo of Amplifon. Gianni Tamburi heads of TIP. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Tamburi Investment 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
Chinese Midea Group aims to raise to 100% its stake in Italian medical devices company Esaote upon the authorization of the Italian antitrust authority (see here a previous post by BeBeez). Midea will acquire the stakes in Esaote of Jiangsu Yuyue Technology Development, Shanghai Sharewin Equity Investment Fund Management and Yunfeng Capital which purchased the asset in 2018 from Ares Life Sciences (Ernesto Bertarelli), NB Renaissance, Equinox, MP Venture, and other investors.
Italian logistics Bracchi, a company that since 2023 belongs to Argos Wityu, acquired German competitor Rostock Trans (see here a previous post by BeBeez). Lars Hennek, the target’s ceo, will reinvest in the deal and keep a management role. Umberto Ferretti is the ceo of Bracchi. Sandra Lagumina and Lucio Ranaudo are managing partners of Argos. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Argos Fund 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
Marquee Brands, a portfolio company of Neuberger Berman, signed an agreement for acquiring the majority of Italian fashion firm Roberto Cavalli from Dubai’s conglomerate DAMAC that purchased the asset in 2019 (see here a previous post by BeBeez). The closing could take place in 2Q26. RBC Capital Markets and Greenberg Traurig advised Marquee Brands. BDA Partners assisted DAMAC Properties that will retain a significant stake in Roberto Cavalli and keep developing the real estate and hospitality business of the brand. Marquee Brands said that Milan’s The Level Group (TLG) will act as strategic operating partner for the fashion firm. Damac acquired Roberto Cavalli for 160 million euros from Clessidra which purchased the company in 2015 with L-GAM and Chow Tai Fook Enterprises on the ground of an enterprise value of 380-390 million or 16X the 2014 ebitda that amounted to 23 million with a 210 million turnover. Rotana Hussain Sajwani is the founder of DAMAC Group. Zachary Sigel, a managing director of Neuberger, is the co-founder of Marquee Brands. Andrea Ciccoli and Cristian Musardo are the founders of TLG. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Neuberger Berman 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
RYZE (fka Yard Reaas), a portfolio company of AnaCap since April 2024, said it acquired TCS | Technical & Construction Solutions from TF2AGI (previous 44.2% owner), ceo Daniele Tiburzi (29.4%), Gian Luca Zingoni (19.8%), and Silvia Franciosi (6.6%) (see here a previous post by BeBeez). TCS will be part of the buyer’s investment unit that Claudia Soravia heads while Tiburzi will lead the town planning business. RYZE retained TARGET Law and BDO Advisory Services. TCS received assistance from Materia. Emanuele Bellani (ceo), Paolo Datti (deputy chairman-head of M&A) and Paolo Perrella (cfo) are the partners of RYZE. RYZE also signed a strategic partnership with Tikehau Capital that will act as financing partner in support of the firm’s M&A growth in Italy and Europe (see here a previous post by BeBeez). Houlihan Lokey acted as debt advisor of RYZE. Alberto Sainaghi is a partner of AnaCap. Martino Mauroner is Tikehau Capital deputy head of private debt. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors AnaCap 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
Comau, a portfolio company of One Equity Partners since 2024, signed a binding agreement for the acquisition of Brazil’s Invent Smart Intralogistics Solutions (see here a previous post by BeBeez). The target’s ceo Leonardo Araki and managers will keep their roles. Pietro Gorlier is the ceo of Comau BeBeez Private Data, the private capital database of BeBeez and FSI, monitors One 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
Windex Investment Club, a platform that Rolando Benedick and Domenico Sibilio founded, acquired OMEPS from Vincenzo Munzio (previous 55% owner) and Annamaria Liguori (45%) (see here a previous post by BeBeez). Clessidra Capital Credit financed the buyer with a subordinated loan and received assistance from Alma LED while lenders Banca IFIS and UniCredit retained Deal Sync and Chiomenti. Giovannelli e Associati, OC&C, Deloitte, Maisto e Associati, and Greenwich advised Windex who appointed the former coo Alessandro Guarino as ceo and Sibilio as chairman.
Gruppo Servizi Associati (GSA), a portfolio company of Eurizon Capital Real Asset (Intesa Sanpaolo) since 2021, acquired 70% of ATS – Around The Show from Fabio Marsili that reinvested for a 30% (see here a previous post by BeBeez). Armònia sold 67.5% of GSA to Eurizon, 18.4% to the target’s founder Alessandro Pedone. The vendor reinvested for a 12.3% of the asset for which Antonio Musacchio acts as ceo. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Eurizon Capital Real Asset, Pemberton Asset Management 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
Meduspace B-Corp, a platform company of Koinos Capital, signed a binding agreement for acquiring CP Cloud and LT3 (see here a previous post by BeBeez). After such deals, the buyer will generate an aggregate turnover of 54 million euros. Roberto De Carlo (partner), Francesco Fumagalli (founding partner), Nicola Fossati (investment manager), and Carlo Carusillo (investment analyst) are part of Koinos Capital which retained EY, Simmons & Simmons and S. Di Sabatino. Sebastiano Di Guardo is the ceo of Meduspace. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Koinos 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
Mercurio Industrial Group, a club deal platform with resources of 40 million euros that Stefano Fontolan and Simone Bressan founded, acquired Cla from Luciano Cata that will reinvest in the buyer (see here a previous post by BeBeez). Mercurio attracted the resources of Gianfranco Manco, Alessandro Rocchetto, Strada Partners – LV8.
Axitea, a company that Argos Fund (fka Argos Wityu) purchased in 2025 from Stirling Square Capital, acquired ECI Elettronica from Antonio Fortin (former 55% owner) and Filippo Daniele (45%) (see here a previous post by BeBeez). Marco Bavazzano is the buyer’s ceo. Stefano Bonfiglio and Gregorio Napoleone are the founders of Stirling. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Argos Fund 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
US The Team, the agency that assists Fede Valverde, IIya Zabarnyi, Manuel Akanji, Teun Koopmeiners e Ronald Koeman, Zucchero – Sugar, acquired from Gabriele Giuffrida a 49% of GG11 which advice Guglielmo Vicario, Radu Drăgușin, Hamed Traorè, Jeff Ekhator, Maduka Okoye, Cher Ndour, Albert Gudmundsson, Christopher Bonsu Baah, Stefano Pioli, and Davide Nicola (see here a previous post by BeBeez). Valero Giuffrida is a director of GG11 which retained PwC and BDL. The Team, a company of which Providence Equity Partners has 60%, received assistance from Bird & Bird. Luca Ferrari, a partner of Withers, said to BeBeez Magazine that this strategy aims to bring together the management of a vast portfolio of footballers under a single platform.
