As BeBeez previously reported, Ardian acquired the majority of Vista Vision, a network of ophtalmic clinics, on the ground of an enterprise value of 150 million euros from the chairman Mario Salmeri (33.5%) and the ceo Stefano Zanchi (33.5%) that will reinvest for a minority with Credem Private Equity, which purchased a 31.2% of the asset in 2020 (see here a previous post by BeBeez). Mediobanca (M&A), PedersoliGattai, Russo De Rosa Associati (legal), LEK (business due diligence), KPMG (financial due dilgence), Gitti&Partners (tax due diligence), Assist Digital (AI & Digital due diligence), Serma Group (IT & Cyber), and Gruppo 2A (F2A) advised for the transaction. Vista Vision has sales of 54 million euros with an ebitda of 6.7 million and net debts of 12.7 million. Salmeri and Zanchi said that the company aims to grow through domestic and international acquisitions. Marco Molteni is a managing director of Ardian. Daniele Molinaro is the ceo of Credem Private Equity.
Sources said to BeBeez and press items reported that The Equity Club, a firm that Roberto Ferraresi and Filippo Penatti head and with which Mediobanca’s Wealth Management unit signed a partnership, is in advanced talks for buying a relevant minority of Rainbow, an Italian entertainment and media firm, for 100 million euros (see here a previous post by BeBeez). The target’s enterprise value amounts to 200 million. Igino Straffi heads Rainbow that would invest such proceeds in M&A growth. The Equity Club and Rainbow are two firms that BeBeez Private Data, the private capital database of BeBeez and FSI, monitors. Find out here how to subscribe for one month or one year.
Argos Surface Technologies, a vehicle for the treatment of industrial surfaces, that Gradiente launched in 2020, acquired SIVE (Società Italiana Verniciatura Elettroforesi), an Italian competitor, from Surfim (see here a previous post by BeBeez). SIVE has sales of 5.6 million euros, an ebitda of 0.63 million and a net financial debt of 0.574 million. Andrea Siano is the chairman of Gruppo Argos ST which has sales in the region of 60 million euros. Gradiente and Argos Surface Technologies are two firms that BeBeez Private Data, the private capital database of BeBeez and FSI, monitors. Find out here how to subscribe for one month or one year
Omnia Technologies (fka DT Holding), a platform company that Investindustrial created, acquired Tecnomaco, an Italian producer of machinery for the pharmaceutical packaging sector, from the founder and ceo Carlo Federici (see here a previous post by BeBeez). Intesa Sanpaolo assisted the buyer that now will generate sales of above 700 million euros. Tecnomaco has sales of 18.2 million, an ebitda of 4.6 million and net cash of 5.7 million.
Unigrains Iberia, part of French Unigrains, acquired a minority of Ñaming, a Spanish producer of ready meals whose majority belongs to Taste of Italy 2 – DeA Capital Alternative Funds (see here a previous post by BeBeez). Ñaming will focus on its organic growth and has sales of 40 million euros. Jorge Miranda is the company’s ceo and has a minority of the business.
Bianalisi, an Italian diagnostic company that belongs to Charme Capital Partners, Columna Capital and Giuliano Caslini, acquired above 4 million euros sales Italian competitor Medilab, the owner of Mediclinica brand (see here a previous post by BeBeez). Bianalisi retained Studio Orrick, Deloitte and Studio Advant-NCTM. Mediclinica received assistance from Altios International, CastaldiPartners and Clas International. Giuseppe Cotroneo is the head of m&a of Bianalisi while Barbara Benelli is the cfo of Medilab.
Sources said to BeBeez that Cantiere delle Marche (CdM), an Italian producer of yachts, sold a 30% stake to CLP2, a vehicle of the Loro Piana Family (37.5%) and midmarket investor Carisma (62.5% – Giovanni Cagnoli chairman) (see here a previous post by BeBeez). The buyers acquired a 5.34% of the business from Austrian FIL Bros Family Office (previously 71.16% owner) and a 24.66% from the founders Ennio Cecchini and Vasco Buonpensiere (28.84%). CdM has sales of 13.6 million euros, an ebitda of 1.2 million and net cash of 8.7 million.
Named Group, an Italian producer of cosmetics and food integrators that belongs to White Bridge Investments, acquired Inco, an Italian third-parties producer of cosmetics, from Silvano Sassatelli (27%), Angela Sassatelli (25%), Monica Sassatelli (24%), and Roberta Sassatelli (24%) (see here a previous post by BeBeez). Alessio Romitelli is the ceo of Named Group plans to invest 3 million euros for increasing the production capability of Inco. The buyer has sales in the region of 170 million with an ebitda margin of little less than 20%.
Fondo Sviluppo PMI 2, part of FVS – Veneto Sviluppo, acquired a minority of Lucaprint Group, an Italian graphic and publishing company (see here a previous post by BeBeez). Alberto Luca and Alessandro Luca, the target’s founders, retained Lambertini & Associati and Adacta. Fvs received assistance from Advant Nctm and Bdo. Lucaprint has sales of 20 million euros, an ebitda of 2.9 million and a net financial debt of 3.4 million.
SIS-Società Italiana Sementi, an Italian producer of seeds that belongs to Milan-listed BF, signed a binding agreement for acquiring 27.2 million euros worth 69.5% of Brazil’s competitor Kaiima Sementes (see here a previous post by BeBeez). SIS purchased 21% of the target from Spitze Holding and Aspen Capital Participacgdes (previously 51.5% owners). Positive Investimentos e Partecipações and other minority shareholders sold 48,5% of Kaiima. After this transaction Spitze will have 27.2% and Aspen 3.3% of the target which has sales of 5.1 million euros and an ebitda of 1.6 million. SIS has revenues of 98.5 million, an above 5.2 million ebitda and a net financial debt in the region of 26 million. BF received assistance from Grimaldi Alliance, Esiodo, Drummond Advisors, and L&C Consulting & Partners. The buyer will pay 23.5 million at the closing and already poured 3.7 million as escrow warranty in a five-years deposit account. SIS will finance the acquisition of Kaiima with its own resource and part of the 25 million investment that attracted from ENE-Eni Natural Energies in February for a minority stake.
La Bottega, an Italian producer of cosmetics with high-end brands for luxury hotels that belongs to The Three Hills and the founder Tommaso Pacini, acquired Palatino Hospitality, a Hong Kong’s OS&E (Operating Supplies and Equipment) company that Bastien Le Coz, Gabriella Zavatti and Olivier Wu founded in 2015 (see here a previous post by BeBeez). Intesa Sanpaolo, Crédit Agricole Italia, Banca Nazionale del Lavoro, BPER Banca, Banca MPS, Deutsche Bank, and UniCredit financed the transaction. PwC and Legance assisted La Bottega. McDermott Will & Emery advised Palatino Hospitality. After such a transaction, the buyer will generate sales of 250 million US Dollars.
Ambienta’s Cap Vert Group, a portfolio company for the pruning sector, acquired N2B Arrosage, a French firm that manages irrigation works for urban green areas (see here a previous post by BeBeez). Eric Girot is the ceo of Cap Vert while Gwenaëlle Le Ho Daguzan is a partner of Ambienta and said that Cap Vert aims to pursue further acquisitions.
Sagard MidCap invested in Venpa, an Italian aerial platform company that owns GV3 (see here a previous post by BeBeez). Venpa previously belonged to the Pege and Piovan Families and QCapital which acquired a 42.5% in 2021. The families will now keep a 30% of the business, while the closing may take place by November 2024. Emanuela Pege will keep her ceo role. QCapital and Venpa retained Mediobanca, PedersoliGattai and BDO. Sagard received assistance from Fineurop Soditic, Laurence de Rosamel, Advant-NCTM, KPMG, Kearney, Marsh, and Tauw. Venpa has sales of 71 million euros and an ebitda of 25 million. The company aims to grow through acquisitions.
Ceresio Investors acquired Lagom Family Advisors, a Swiss multi-family office that Alida Carcano and Severino Pugliesi created (see here a previous post by BeBeez). The buyers retained Fiduciaria Mega while Studio Legale Lucheschi Mascheroni assisted the vendors. Pugliesi will keep his ceo role.
