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Ardian Infrastructure, BlackRock’s Global Infrastructure Partmers (GIP), Vodafone, and KKR are mulling for launching an offer on the minorities of Milan-listed Inwit, Vantage Towers and GD Towers (see here a previous post by BeBeez). Ardian and Credit Agricole Assurances have 32% of Inwit and are holding talks with banks and Abu Dhabi’s Mubadala that may purchase a minority of the asset. Inwit’s 29% is public traded equity for a total market capitalization of 6.46 billion euros. The delisting could be worth in the region of 1.8 billion. Diego Galli is the ceo of Inwit. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Inwit and its main shareholders. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Avenue Capital Group is leading the auction for acquiring 10% of the Lega Calcio Serie A media company as it tabled a 320 million euros bid on the ground of an enterprise value of 3.2 billion (see here a previous post by BeBeez). Even though Carlyle and Nextalia offered 650 million for an above 16.5% stake (EV of 3.8 billion), Avenue’s bid has the structure of an equity investment lacking the safeguards regarding future cash flows that the competitors require. JP Morgan is advising Lega Calcio Serie A and reportedly received offers for the media company also from Apollo, CVC, Ares, Sixth Street, Bain Capital, Oaktree, Blackstone, General Atlantic, Avenue Capital, Partners Group, Bright Path, Clessidra, and FSI.. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors 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
Medisolve, a portfolio company of HIG Capital, refinanced its debt with Barings and Deutsche Bank and attracted further facilities of above 70 million euros for M&A and international expansion through a bond in private placement a super senior revolving multicurrency line (see here a previous post by BeBeez). Medisolve recently acquired Austrian Mides Healthcare Technology and Italy’s Origlia. In August 2026, the company’s board approved a total transaction of up to 245 million (two senior secured bonds of up to 220 million and a super-senior revolving facility of up to 25 million – see here the board meeting notes available for the subscribers to BeBeez News Premium and BeBeez Private Data). The first unitranche bond issue may amount to 175 -180 million with maturity on 15 September 2033 according to Bank of Italy’s database. In addition to this, there is a Capex bond up to 45 million, reducible to 40 million should the unitranche be of 180 million. This issuance of this second bond may also be in several tranches within 42 months of the unitranche. The company will carry on a a private placement with professional and qualified investors for both unlisted bonds with a 100% price of the nominal value and a rate equal to Euribor with a zero floor plus an initial margin of up to 5% and a semi-annual coupon payable in arrears and the option to capitalise part of the interest via a PIK mechanism. In the event of capitalisation, the margin increases by 0.125% per year for every 1% of interest capitalised. Medisolve retained Mediobanca, Latham & Watkins, Ropes & Gray, Fortlane Partners, EY-Parthenon, EY, and Maisto e Associati. Hogan Lovells Cadwalader advised the lenders and the bondholders. GLAS acted as Escrow Agent, Issuing and Calculation Agent, Security Agent, representative of the bondholders, and Facility Agent. Nicola Antognetti is the cfo of Medisolve while Angelo Maresca is the ceo. Norbert Minarik is the founder of Mides, a former portfolio company of German Allistro. Alessandro Origlia is the ceo of Origlia. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors HIG 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
On 6 October, Tuesday, Mumbai – listed Endurance Technologies, a company whose main shareholder is the Jain Family, acquired Fondalpress from the Doglione Family for 12.34 million euros (see here a previous post by BeBeez). The target has cash of 10.1 million. Pirola Pennuto Zei & Associati assisted Endurance. Gianni & Origoni and Pavesio Studio Legale advised Fondalpress.
Ostello Bello hired Rothschild for handling a 100 million euros worth sale (see here a previous post by BeBeez). Carlo Alberto Dalla Chiesa, Pietro Vecchi and Nicola Specchio founded Ostello Bello in 2010. Giorgio Fiocchi is the cfo. The asset could be of interest to Invel Real Estate and YellowSquare.
Vela Equity Partners, a search fund that Guido Emanuele Fucci launched, acquired Ecologica Piemontese from the Bono Family that reinvested in the deal (see here a previous post by BeBeez). Vela financed the deal with a capital increase that its investor subscribed and a senior facility that Banco BPM provided. Fucci will be the ceo of Ecologica Piemontese while Francesco Bono and Edoardo Bono will keep their operative roles. Essentia Advisory, Gatti Pavesi Bianchi Ludovici and Eptalex – Garzia Gasperi Iannaccone & Partners advised Vela. ADVANT Nctm and Epyon Vivida assisted Banco BPM. Guido Emanuele Fucci is a managing partner of Vela Equity Partners. 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
On 15 October, Thursday, Ambienta, a private capital firm that Nino Tronchetti Provera founded, said it acquired the majority of Energreen and its subsidiaries from ceo Daniele Fraron and 21 Invest, a private equity that Alessandro Benetton created (see here a previous post by BeBeez). Sources said to BeBeez that 21 Invest had 80.18% of the target whose 19.82% belonged to the ceo and Ivo Fraron. Previous press reports said that the deal is worth 300 million euros without explaining whether such amount refers to the equity or enterprise value. Ambienta retained Mediobanca, BCG, EY, Pedersoli Gattai, Facchini Rossi Michelutti, and Ramboll. The fund will implement a buy & build strategy for expanding in USA and Europe under the leadership of Fraron and the management. Mauro Roversi is a founding partner and chief investment officer private equity of Ambienta, Massimiliano Lecchi is a partner. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Ambienta, 21 invest 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.
CareHub, a portfolio company of Silver Economy Fund – Quadrivio Group and The Equity Club (TEC a club deal that Mediobanca launched) attracted a 14 million euros investment from Capital Dynamics that subscribed to a capital increase (see here a previous post by BeBeez). Gianluca Santoro, Alessandro Bartucci and Valentina Rossi head the target that will invest such resources in M&A deals. Roberto Ferraresi and Filippo Penatti are TEC’s managing director. Dario Di Iorio is an investment director of Quadrivio which retained Chiomenti while Capital Dynamics appointed Bird & Bird. Walter Ricciotti is the ceo of Quadrivio. Andrew Bernstein is a senior managing director and head of private equity of Capital Dynamics for which Lorenzo Cirio acts as principal of the Direct Investments team. 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
Bluegem Capital Partners signed a binding agreement for acquiring Rispo Frozen Foods from Europe Capital Partners that purchased 55% of the asset in 2018 with the support of CS & Associati, its exclusive advisor for the Italian market(see here a previous post by BeBeez). Bluegem retained Clearwater, BPER, Ropes & Gray, EY, BCG, Chiomenti, AlixPartners, Gybe Consulting, Bilma, and Marlborough Partners. Europe Capital Partners and the other vendors received assistance from Houlihan Lokey, Gatti Pavesi Bianchi Ludovici, Spada Partners, OC&C Strategy Consultants, Pirola Pennuto Zei & Associati, and ERM. Bluegem aims to implement a pan European buy & build strategy for Rispo and hired Paolo Perego as the company’s chairman. Ibrahim Najafi is Bluegem Chief Transformation Officer while Emilio Di Spiezio Sardo is the ceo and Marco Capello and Marco Anatriello are the firm’s managing partners. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Bluegem Capital, Europe Capital Partners and their investments. Renato Mazzolini and Vincent Goy, both alumni of LBO France, founded Europe Capital Partners in 1998 and appointed Park Street Capital as placement agent. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Guala Closures, a portfolio company of Investindustrial that ceo Andrea Lodetti heads, reached an agreement for acquiring US G3 Enterprises’ corks production unit from the Gallo Family (see here a previous post by BeBeez). The agreement also includes a commercial partnership under which G3 Enterprises will continue to distribute the fastenings that Guala manufactures. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Investindustrial 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
Calma, the investment holding of Marco Pisa and Cristina Quarleri, acquired Terme di Riolo Bagni from the Pasotti Family (see here a previous post by BeBeez). Marco Pisa is the ceo of Calma while Andrea Spalla heads Terme di Riolo.
Cereal Docks, a company of the Fanin Family, acquired 75% of PRD-Pasini Riso e Derivati from the Renato Pasini and his family (see here a previous post by BeBeez). BLF Studio Legale and Studio Gazzani STP assisted PRD. Cereal Docks retained TZ&A Associati. Mauro Fanin is the chairman of Cereal Docks while Luca Franzosi is the energy manager.
Sources said to BeBeez that Platform6, a French portfolio of SLAM (Sport, Luxury, Art and Music) – TRAIL, acquired Without Production, a firm that Gabriella Mazzei created in 1999 (see here a previous post by BeBeez). The vendor reinvested in Platform6 of which François Marcadé, Alexandre Mestrot and Nicolas Gazzola are managers. Xavier Marin founded TRAIL in 2014.
Bracchi, a portfolio company of Argos Fund, Anima Alternative and Clessidra Private Debt, acquired Festa Trasporti & Logistica (see here a previous post by BeBeez). Argos and Festa Logistics retained GC Advisory, EY-Parthenon, Giovannelli e Associati, WST Law & Tax Firm, Grant Thornton, Fivers, EY, and Mactavish. Umberto Ferretti is the ceo of Festa. Sandra Lagumina and Lucio Ranaudo are Argos managing partners.
Baladin, a craft brewery that Teo Musso founded, fetched 16.4 million euros out of a minority sale to an undisclosed Dutch investor (see here a previous post by BeBeez). The company previously belonged to Musso (70%), Oscar Farinetti (16%) and its managers (14%) and will invest such proceeds in its organic growth ahed of reaching a 45 million worth turnover by 2029. In 2024, raised 5.2 million through an equity crowdfunding campaign on Mamacrowd.
Clessidra Private Equity acquired 70% of Citres from the Lorena Compri, Davide Compri and their Family with the support of Banco BPM and BNL BNP Paribas who retained Legance (see here a previous post by BeBeez). Clessidra received assistance from ADVANT Nctm, Studio Spada, KPMG, Efeso, Ramboll, and Marsh. Compri appointed Giovanni Barbini, Filippo Magrini, Andrea Fassina Corporate Advisory, and Abaco Commercialisti Associati. Andrea Ottaviano is the ceo of Clessidra Private Equity.
Star Step Performance Coatings Group (SSPCG), a portfolio company of Star Step Capital Partners (SSCP), acquired DAAS & Chemicals from coo Carlo Della Toffola and Stefano Antoniazzi that will keep their operative roles (see here a previous post by BeBeez). The buyer retained Robert Blinstrubas and BDO. DAAS received assistance from Pozzi & Partners and Studio Ronchi. Viktor Sekmakas, Roger Young and Edoardo Maggini are the founders of SSCP.
Everest, a portfolio company of VAM Investments, acquired Ciemme Impianti, Corna Impianti and Project Group (see here a previous post by BeBeez). The vendors Ivan Calvi (Ciemme), Giovanni Corna, Marino Corna (Corna Impianti), and Matteo Monti (Project) will reinvest in the buyer and keep their operative roles. Alessandro Zunino is the ceo of Everest which received assistance from DWF, KPMG, Legance, A&F, and ERM. Ciemme hired Equita Mid Cap Advisory, Eversheds Sutherland, Russo De Rosa Associati, and Studio Andrea Barone. Corna Impianti retained 3emme and McDermott Will & Schulte while Project Group appointed PPI & Partners, RPI2 and AGZS. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors VAM 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
Armònia acquired HPF from Gradiente, Nord Holding and the Lualdi Family (see here a previous post by BeBeez). BNP Paribas BNL Equity and others will co-invest and Muzinich financed the transaction and provided resources for future acquisitions. Armònia retained Ethica Group, Cappelli Riolo Calderaro Crisostomo Del Din & Partners, EY, Avicenne, EYP, Pirola Pennuto Zei & Partners, Greenberg Traurig, and Greenwich. The vendors appointed Fineurop Soditic and Studio Legale SAT – Spinazzi Azzarita Troi Genito Scimemi. Marco Pirisi is the ceo of HPF. Pietro Busnardo is the ceo of Gradiente while Lorena Lorenzon is a partner. Maurizio Fanetti is a partner of Armònia and Alessandro Grimaldi is the ceo. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Armònia, Gradiente 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
Sources said to BeBeez that Nextalia is mulling to acquire 55% of Plastic Legno from the Sunino Family through a capital increase (see here a previous post by BeBeez). The fund will also purchase the target’s subsidiary Resaplast. Paolo Sunino will keep his role as ceo. The sources explained that the Sunino Family will keep the group companies operating in the non-food sectors. Francesco Canzionieri is the founder of Nextalia. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Nextalia 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 funeral house HOFI, a portfolio company of Antin Infrastructure Partners, Augens Capital, Columbia Threadneedle and other coinvestors, acquired 60% of Dueci from Areanova and rebranded it as Fido Custode (see here a previous post by BeBeez). Marco Delbono and Paolo Andrianopoli will keep their executive roles in the target. Marco Mantica is the chairman of HOFI which retained LCA Studio Legale and Studio Sampietro. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Augens, Antine Infrastructure 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
Grafica Veneta, a publisher of the Franceschi Family, acquired UK’s CPI Books and CPI Antony Rowe from French CPI that since 2019 belongs to Richard Hughes (see here a previous post by BeBeez). Watson Farley & Williams assisted Grafica Veneta while the vendors retained Pinsent Masons. Fabio Franceschi is the chairman of Grafica Veneta, Giorgio Bertan is the ceo, Mauro Fontanari is the head of sales, and Stefania Turrin is the cfo.
The Toffano and Pagnan families merged under Teca their investment activities in real estate, tourism and private equity (see here a previous post by BeBeez). Andrea Toffano is Teca’s head of industrial sector while Luca Toffano handles the real estate sector.
Chiara Posadino acquired the historic Florentine delicatessen Pegna dal 1860 from San Giusto (see here a previous post by BeBeez). Martino Liva, a partner of Alpeggiani Avvocati Associati, Mauro Arachelian, a partner of CT&P, Lorenzo Rocca, and Ario Lockey assisted the vendor for which Nicolò Querci acts as ceo. Annalisa Callarelli of Studio SCLA and Marco Michelini of AIMG advised Posadino. Anna Irma Farinaro of Studio Notarile La Porta acted as public notary.
Hoverture, part of Symphonie Partners, acquired synbrAIn with the support of Gianni & Origoni’s partners Rodrigo Boccioletti and Federico Dettori (see here a previous post by BeBeez). Luigi Tinti of VRCT acted as public notary.
Berti Group, a company that belongs to Denis Berti and Michele Berti, acquired Vicentini Carni for an undisclosed value (see here a previous post by BeBeez). The Vicentin Family sold the target.
AutoScout24 and AutoTrader.ca rebranded as Autonex, a portfolio company of Hellman & Friedman (see here a previous post by BeBeez). Peter Brooks-Johnson is the ceo of Autonex.
Sosteneo Clean Energy Infrastructure Fund II SCA SICAV-RAIF, a vehicle of Generali Investments, attracted above 150 million euros in commitments and capital for co-investments (see here a previous post by BeBeez). The fund raised more than 450 million ahead of a one billion target set in 2025. Chris Deves is a Sosteneo’s partner and head of Investor Relations.
