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.
SAVE TWO DATES!
On 27 May, Wednesday, Stefania Peveraro, BeBeez Editor in Chief, will moderate a roundtable with Giacomo Iannelli, partner BIP Corporate Finance & Strategy that will host the event in Milan’s Piazza San Babila 5, Alessandro Grimaldi, ceo of Armònia and Raffaele Legnani, managing partner of HIG Capital. The speakers will discuss about the strategic role of private equity firms and their advisors in the value creation process. Sign up here.
On 15 June, Monday, at 10 AM, the BeBeez Cafe panellists will discuss about Real Esteate, Hospitality and Infrastructure Assets Yields at Hotel Four Seasons Milan. Book your Place.
On 28 May, Thursday, Stefania Peveraro, the Editor in Chief of BeBeez, said that Milan-listed B2B data player Metriks AI, a company that Tiziano Cetarini heads, signed a binding commitment for pouring 0.150 million euros in a larger capital increase that EdiBeez, the publisher of BeBeez, will soon launch (see here a previous post by BeBeez). Metriks AI will become a shareholder of EdiBeez on the ground of a pre-money value in the region of 2.08 million and join the founding members and investors that believed in this project, many of whom are BeBeez and BeBeez International readers before becoming shareholders. This strategic partnership will allow BeBeez Private Data to become an AI-native platform. BeBeez looks forward to meeting you on 1 December, Tuesday, at The State of Private Markets 2026, and the BeBeez Private Capital Gala in Milan’s Palazzo Mezzanotte.
CDP Equity is mulling for an increase to up to 29.9% of its little above 19% stake in Milan-listed paytech Nexi without taking it private (see here a previous post by BeBeez). Bernardo Mingrone is the targets’s ceo. CDP Equity decided for the subscription to derivative contracts with an underlying interest of up to 8% of Nexi and is waiting for the necessary authorisations from the Competition Authority and Golden Power. CDP Equity retained Mediobanca, J.P.Morgan, Pwc Italia, and Hogan Lovells. Nexi is of reported take private interest to CVC that aims to launch a public offer on the ground of an enterprise value of 9 billion euros. However, the fund is willing to sell the target’s Digital Banking unit to to Cdp. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Cdp Equity, Nexi 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 nuclear energy firm newcleo, a scaleup that Stefano Buono founded in 2021 for developing fourth-generation nuclear reactors that use nuclear waste as fuel, said it retained Guggenheim Securities and Davis Polk & Wardwell for listing on Nasdaq after having signed a definitive business combination agreement with the spac NewHold Investment Corp III (see here a previous post by BeBeez). Further deal advisors are Goldman Sachs (lead placement agent), BTIG (placement agent and capital markets) and Loeb & Loeb (legal counsel of NewHold). The closing may take place in 2H26 after the approval of NewHold investors and the necessary regulatory go-aheads. Italy’s newcleo will list on the ground of a pre-money equity value in the region of 2.4 billion US Dollars and expects to attract gross proceeds of 429 million that include 220 million of PIPE (private investment in public equity) and up to 209 million in cash from the Spac unless the SPAC’s shareholders make repayments and the contracts are not fully subscribed. The net resources that newcleo expects to raise amount to 374 million that will invest in its organic growth (investor presentation). The pro-forma market capitalization of newcleo could be of 2.903 billion with a pro-forma enterprise value of 2.374 billion that include 22 million debt and cash of 551 million. After the business combination newcleo’s current shareholders will keep 84.4% of the firm with a 100% rollover of their equity stake, PIPE investors will have 7.6%, NewHold subscribers 7%, and its founders 1.1%. Kevin Charlton is the ceo of the NewHold. The 220 million PIPE attracted the oversubscription from undisclosed investors. The list of newcleo’s current shareholders includes Exor Ventures (Agnelli-Elkann Family), Azimut, Walter Tosto, CERN Pension Fund, and Milan-listed Danieli. Buono founded the company in 2021 and since then raised a total of 780 million from venture capital investors. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors newcleo 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 football team SSC Napoli attracted a 2.2 billion euros offer from Underdog Global Partners (UGP) and Chicago’s Ariel Investments that sweetened their previous 2 billion bid (see here a previous post by BeBeez). Aurelio De Laurentiis, the target’s owner, reportedly said that talks are at a preliminary stage. Matt Rizzetta is the ceo of North Sixth Group, a media and entertainment holding and the founder of UGP which already owns Napoli Basket, Campobasso Calcio (Italy’s third division team); Donna Roma (women football) and FC Supra du Québec (Canadian Premier League). Further general partners of UGP are Joseph Greco (co-founder), Dan Doyle and Angelo Pasto. Jason Wright is a managing partner of Ariel Investments which has assets under management worth 14 billion US Dollars di asset and already owns 16% of iconic Premier League team Manchester United.
Arca Space Capital, a private equity that Arca Fondi (BPER Banca) launched in partnership with Space Capital Advisors, said it acquired from Renato Bottasso and Gianpiero Boretto a controlling stake in Italian food company Rogelfrut for implementing a buy & build strategy (see here a previous post by BeBeez). The vendors reinvested for a total 15% of the target. Orrick advised BPER Banca, Banca Sella and Cherry Bank which financed the transaction. Arca Space Capital retained BPER Corporate & Investment Banking, Ropes & Gray, L&B Partners, BIP, ERM, and Russo De Rosa Associati (RDRA). Rogelfrut received assistance from Meti Corporate Finance, MDT Studio Legale and Andersen. Boston Consulting Group alumnus Luca Testa and Aldo Uva will head Rogelfrut. Carlo Pagliani and Alfredo Ambrosio are two partners of Space Capital Advisors. Ugo Loeser is the ceo of Arca Fondi. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Arca Space 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
No Dig Alliance (NDA), a provider of trenchless services for sewage and water networks in Northern Europe that belongs to Ambienta since 2025, acquired Swedish JS Drilling Solutions from ceo Christian Leijon and the managers (see here a previous post by BeBeez). Milena Torciano is a partner of Ambienta. Mattias Höglund is the ceo of NDA. 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
Lynx, an Italian provider of digital systems for large caps and Governments that belongs to the Moretti Family and minority investor Carlyle, said it acquired 66.2% of Alfa Sistemi from Ferruccio Meroi (chairman) and Federica Meroi (ceo) that will keep their roles (see here a previous post by BeBeez). DLA Piper and KPMG advised Lynx while ADVANT Nctm assisted Alfa Sistemi. Matteo Moretti is the ceo of Lynx. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Carlyle 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 Banca Ifis sold illimity’s non-core asset ArecNeprix, a servicer for NPEs, to Prelios for 30 million euros (see here a previous post by BeBeez). Riccardo Serrini heads the buyer which belongs to Andrea Pignataro’s ION since 2024. Ifis retained CC&Soci and BonelliErede. Raffaele Zingone is the co-coo of Banca Ifis and ceo of illimity Bank, a firm that Corrado Passera founded. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors illimity bank. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Algebris Investments and a pool of institutional co-investors acquired a minority of Alfa Group from ceo Dario Lauricella (former 54.54% owner) and other minority shareholders through the subscription to a capital increase (see here a previous post by BeBeez). BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Algebris 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
LabAnalysis Environmental Science, part of LabAnalysis (a company of the Maggi Family), acquired Natura from Cesare Ferone (former 70% owner), Carlo Ferone and Maria Lucia Ferone who retained Iniziativa and Gabriele Molinari (see here a previous post by BeBeez). Minerva Corporate Finance and Gdc Corporate & Tax assisted the buyer. Stefano Maggi, the executive Vice President of LabAnalysis Group, said to BeBeez that, the company will pursue further consolidation.
Alberto Leonardis’ Gruppo SAE closed the acquisition of Italian newspaper La Stampa from GEDI Gruppo Editoriale, a company of Exor (Agnelli-Elkann Family) (see here a previous post by BeBeez). Ernst & Young, BDO, KPMG, PwC, Gitti & Partners, and Praxi acted as deal advisors. SAE acquired the asset through the newco SAE Piemonte of which it has 51% while Toto Holding owns 49%.
La Prensa Etichette Italia acquired Scriba from the Rigolli Family (see here a previous post by BeBeez). La Prensa belongs to Unigrains Italia (38.96%), BNP Paribas BNL Equity Investments (17.1%), Civesio Printing (1.42%), Alexa Invest (1.37%), Elena Delfino (16.42%), Emanuele Delfino (chairman – 16.42%), the Volta Family (5,7%), and AS (2.61%). The buyer retained McDermott Will & Schulte, Grant Thornton Financial Advisory Services and Bernoni Grant Thornton. Carlo Rigolli is the ceo of Scriba which received assistance from Pavia e Ansaldo and Millelire Corporate Finance. Vittorio Ogliengo is the chairman of BNP Paribas BNL Equity Investments. Francesco Orazi is the coo of Unigrains Italia.
EDGE Group, a firm that Manfredo Sciarretta heads and since 2025 belongs to London’s AnaCap Financial Partners, said it acquired Italian competitor DS Insurance Broker from the ceo Enrico Maria Del Santo and his family (see here a previous post by BeBeez). 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
Italian publisher Feltrinelli acquired from Luca Formenton a 30% of Il Saggiatore, a competitor that Alberto Mondadori founded (see here a previous post by BeBeez). Carlo Feltrinelli is the buyer’s chairman and Alessandra Carra acts as ceo.
