The global consultancy firm analysed about a thousand portfolio companies on the ground of BeBeez data and other providers
On 3 March, Monday, Sergio Iardella, senior partner and Bain & Company head of Italy Private Equity, said thatGlobal Private Equity Report 2025 analysed one thousand Italian companies that belong to financial sponsors. In 2023, these resilient firms outperformed the competitors and generated a median ebitda 24 million euros. In 2019-2023 such companies had an annual mean growth of 9% for the sales and 13% for the ebitda (see here the press release).
Bain & Co quoted BeBeez data for its analysis (BeBeez 2024 Private Equity Report is available for the subscribers to BeBeez News Premium and BeBeez Private Data). In 2015-2024 private equity funds closed circa 1600 deals with Italian targets and divested 200 of them through secondary buyouts, sold a further 200 to trade buyers and launched 10 IPOs. Funds have still 1200 assets in their portfolios and 200 of them are vary small caps. Bain & Co focused its report on one thousand relevant investments that are still in the portfolios of private equity and generated relevant income and profitability.

In 2023, 33% of infrastructure investments of private equity posted an above 50 million ebitda, while the figure for 14% of such assets companies ranged between 30 and 50 million. The exclusion of these investments from such an analysis would drop the average ebitda of the portfolio comapanies to 20 million.

Iardella added: “In 2025, we expext a moderate uptick of the number of deals while the Italian industrial districts and their excellence remain an attractive market for the many potential generational change deals. Investors may close transactions with 20 – 30 companies with an ebitda of above 30 million. Furthermore, sponsors operating in Italy will face transformational changes in line with global trends. Funds will carry on an active management of the portfolio companies through cost optimization and technological changes”.

BeBeez Private Data, the private capital database of BeBeez and FSI, monitors several private equity funds and their Italian portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager