Italian mid-market Pe operator Aksìa reached a 65 mln euro first closing of Aksìa Capital IV

Aksìa Group sgr has reached a first closing of 65 million euros for its new private equity fund, Aksìa Capital IV targeting 125 millions in total committements (download here  the press release). Elm Capital is acting as the exclusive placement agent for the Fund.

Nicola Emanuele, Marco Rayneri and Stefano Guidotti founded Aksia in 1997 and have been investing in the Italian lower-middle market since then. Aksia’s previous fund, Aksia Capital III, invested in 9 portfolio companies and has already delivered two exits with the sale of Robuschi at a cash on cash multiple of 4.1x and the disposal of
Plastiape at a cash on cash multiple of 3.1x.