BeBeez will be the media partner for Integrae sim‘s Financial Galà that will take place on 18 November, Monday, at Milano Luiss Hub for makers and students in via Massimo d’Azeglio 3. The event will allow the executives of SMEs listed on Euronext Growth Milan to network with the investors ecosystem. Click here for further information and signing up
Iconic Italian fashion house Dolce&Gabbana (D&G) reportedly attracted the interest of GIC, Qatar Investiment Authority (QIA) and PIF that aim acquire a minority of the firm (see here a previous post by BeBeez). Alfonso Dolce, the ceo of D&G, said that the company doesn’t rule out to sell a minority. D&G main shareholders are Domenico Dolce (40%), Stefano Gabbana (40%) and Generosa (11.11% – a vehicle that belongs to Alfonso Dolce and Dorotea Dolce).
NYSE-listed Babcock & Wilcox Enterprises fetched 40 million US Dollars out of the sale of SPIG, an Italian industrial engineering company, and GMAB, a Swedish provider of industrial flue gas treatment systems, to Auctus Capital Partners, a German private equity (see here a previous post by BeBeez). The buyer purchased 98.25% of SPIG, while the company’s ceo Alberto Galantini and cfo Costante Alverà will own 1.75% of the business. Anthilia Capital Partners, Green Arrow Capital and Ver Capital financed the transaction and received assistance from ADVANT Nctm. Babcock & Wilcox Enterprises retained Dentons and Vinge. Auctus Capital Partners hired PedersoliGattai and EY. Russo De Rosa Associati advised Galantini and Alverà. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Auctus Capital Partners and its portfolio companies. Find out here how to subscribe for one month or one year
Milan-listed NB Aurora Sicaf RAIF, a vehicle that Renaissance AIFM manages, sold a 30% of Italian luxury kitchens maker Veneta Cucine to Carlo Giacomo Archiutti who already had 51% of the asset (see here a previous post by BeBeez). The transaction is worth in the region of 53 million euros. Veneta Cucine has sales in the region of 375 million and a 10% ebitda margin.
Italian Creation Group, a luxury furniture pole that Giovanni Perissinotto created, sold to BeNice Holding the luxury kitchens maker Valcucine and accepted the offer of Nemo Group for purchasing Fontana Arte and Driade (see here a previous post by BeBeez). Nemo Group also acquired a stake in Italian Creation Group which has sales of 40.5 million euros, an ebitda of minus one million, net losses of 5 million, a net financial debt of 16.4 million, and equity of 11 million. BeNice Holding has 44.63% of Italian Creation Group
French insurtech +Simple, a portfolio company of KKR in which also invested Eurazeo, Speedinvest and Tikehau Capital, acquired Milan-based broker Mediorischi from co-ceos Carlo Umberto Occhipinti (53%) and Fabrizio Villa (47%) (see here a previous post by BeBeez). Fides Corporate Finance, Plusiders Studio Legale e Tributario, EY, and Studio Legale Candian assisted +Simple. Mediorischi has a turnover of above 4.7 million euros, an ebitda of minus 0.266 million and net cash in the region of 1.4 million. Simone Cioffari, is the country manager and ceo of +Simple Italia.
FARO Alternative Investments received the support of Italian club deal platform Orienta Capital Partners for acquiring Sunseeker International, a British producer of luxury yachts (see here a previous post by BeBeez). Chinese conglomerate Dalian Wanda Group sold the asset.
Sphere, a French packaging company that belongs to Hivest Capital Partners, acquired Italian competitor Romagnasac, the owner of Virosac and Rapid, from the Italian club deal platform Orienta Capital Partners (see here a previous post by BeBeez). Romagnasac has sales in the region of 65 million euros with an ebitda in the region of 9 million. Luigi Ferrando will remain in charge as ceo of the target that aims to carry on M&A deals. The vendors retained CP Advisors and Gitti & Partners. Sphere received assistance from Bernoni Grant Thornton, KPMG, Nunziante Magrone, and Di Tanno e Associati Studio Tributario. John Persenda, is the chairman and ceo of Sphere which has sales of above 800 million.
JC Flowers & co reached an agreement for acquiring the majority of CB Consulbrokers from Euro Building Management (53.1%), Antonio Perretti (21.9%), Maurizio Fiore (6%), Alfredo Amato (1.6%), and Egidio Comodo (2.3%) (see here a previous post by BeBeez). The closing should take place in 1H25. EY and Molinari assisted J.C. Flowers & Co. Phoenix Capital and BonelliErede advised Consulbrokers which has a turnover of 4.8 million euros with a 0.326 million ebitda
Nice Footwear, an Italian shoe-maker of which Palladio Holding owns a 61.45% since 2023 after a delisting, acquired Italian competitors Corrado Maretto and Dyva which have aggregate revenues of 50 million euros (see here a previous post by BeBeez). Banca Popolare di Sondrio financed the transaction and received assistance from Legance Avvocati Associati. Nice Footwear retained Advant Nctm and Thera Capital. Corrado Maretto hired Amtf Avvocati while Dyva appointed Artusi Sacerdoty. Dario Restuccia acted as public notary.
Altea IN, part of Chequers Capital’s IT and strategic management consultancy firm Altea Federation, acquired French competitor Helyad (see here a previous post by BeBeez). Andrea Ruscica is the chairman and ceo of the buyer. Chequers Capital and Altea Federation are two companies 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
Search Fund Club (SFClub), a club deal vehicle for investing in European search funds that Enrico Arietti and Riccardo Triolo founded in 2020, already supported 51 firms and invested in 20 SMEs based in 9 different countries (see here a previous post by BeBeez). By the next 24 months, SFClub aims to close 50 mic-market deals through SF Club 1 and SF Club 2, Arietti said to BeBeez.
Italian club deal platform Ur-Invest acquired 69.8% of Boianoflon an Italian manufacturer of semi-finished products in thermoplastic materials, from Immobiliare Lombardini that will keep a 30.2% of the target, while Fernando Lombardini, Daniela Lombardini and Marcela Lombardini will maintain their management roles (see here a previous post by BeBeez). Alessandro Pellis will act as ceo. Francesco Della Valentina and Valerio Casari will join the board of Boianoflon. Banco BPM financed the transaction. Pirola Pennuto Zei & Associati, BDO Advisory Services and GEA-Consulenti di Direzione advised the buyers. NEOS Group and ABI-Studio Professionisti Associati assisted Immobiliare Lombardini. Boianoflon has sales of 7.1 million euros, an ebitda of 1.1 million and net cash in the region of one million.
Decorluxe, a packaging platform company that Ethica Global Investments created in 2023, acquired Romanian competitor Decorlux Projects (see here a previous post by BeBeez). The buyers retained Gatti Pavesi Bianchi Ludovici and Studio Grossi Salvi & Partners. Sources said to BeBeez that Decorlux Project has sales in the region of 0.4 million euros. The target received assistance from Giancarlo Restori. Claudio Mottini is the ceo of the buyers.
Ferrari Family Investments acquired a minority of US-based publishing and event company Cavallino (see here a previous post by BeBeez). The parties did not disclose any detail of the transaction. Enzo Mattioli Ferrari will be the chairman of Cavallino for which Luigi Orlandini will keep his ceo role.
Tages Helios Net Zero, part of Tages Capital, acquired four Lombardy-based biogas plants with a total power of 4MW that will produce biomethane by 2026 (see here a previous post by BeBeez). Umberto Quadrino is the cio of Tages Capital.
