Zerbinati, an Italian food company, attracted the interest of illimity Credit & Corporate Turnaround Fund (ICCTF), part of Milan-listed illimity, which is supporting Giorgio Enrico Zerbinati for a majority buyout ahead of a relaunch of the business (see here a previous post by BeBeez). Zerbinati has sales of 42.4 million, an ebitda of minus 3.5 million, net losses of 8.2 million, net financial debts of 24.5 million, and equity of 0.168 million.
Cortilia, the Italian foodtech scaleup, aims to launch a 4 million euros capital increase, ceo Andrea Colombo said (see here a previous post by BeBeez). Between 2019 and 2023, the company posted losses worth a total of 36.5 million. The current ebitda is of minus 11.8 million while the equity is worth 10.9 million.
Flavio Valeri paid 0.491 million euros for aacquirinf 15% of QuattroR, a turnaround fund, from Andrea Morante (see here a previous post by BeBeez). Valeri is also the chairman of Lazard Italia and of Gardant. QuattroR also belongs to ceo Francesco Conte (59%), senior partner Stefano Cassina (16%), Carlo Michero (4%), Francesco Capurro (3%), and Guido Lorenzi (2%). Valeri also invested 0.104 million for acquiring B class shares of QuattroR from Marco Guglielminetti.
UK investor in securitizations and NPEs Christofferson Robb & Company (CRC) appointed Biagio Giacalone as the new ceo for the firm’s Italian activities (see here a previous post by BeBeez). Giacalone previously worked for Intesa SanPaolo as the head of Active Credit Portfolio Steering unit.
Cristina Posa is a new equity partner of RSM Italy Corporate Finance, a subsidiary RSM International, a network for Assurance, Tax and Consulting (see here a previous post by BeBeez). Posa will join the Forensic Investigations & Intelligence theam that Marianna Vintiadis heads.
