Chequers Capital attracted a financing facility of 105 million euros from Crédit Agricole Italia, BNL BNP Paribas, Banca Ifis, and Banca Sella and will invest such resources in the acquisition of Gourmet Italian Food (GIF) from Alcedo (57.9%) and other minority owners (see here a previous post by BeBeez). Such proceeds will also help Chequers to carry on M&A add ons. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Alcedo, Chequers Capital 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
Fortore Energia, a company that belongs to Antonio Salandra, attracted a 50.7 million euros project financing facility from UniCredit with the SACE warranty for the greenfield development of six photovoltaic plants with a power of 47 MW (see here a previous post by BeBeez). Giovanni La Piscopia is the ceo of the borrower which has net sales of 4.2 million, an ebitda of 0.324 million, net cash of 6 million, and equity of 180 million. Ferdinando Natali is Unicredit’s Regional Manager for the South of Italy.
Milan-listed cables producer Irce received an eight-years 10 million euros financing facility from Banco BPM with the warranty of Sace (see here a previous post by BeBeez). The company will invest such resources in the construction of an industrial plant in China. Marco Notari is the head of Banco BPM corporate department for the Centre-North of Italy. Marco Mercurio is SACE’s Regional Director for the Centre-North of Italy.
Sources said to BeBeez that Mediocredito Centrale (MCC) and Finlombarda are working on Basket Bond Agrifood, a 75 million euros programme for minibonds of Lombardy sector firms (see here a previous post by BeBeez). Such a synthetic instrument will not require the intermediation of a special purpose vehicle and Fondo Centrale di Garanzia will provide a 4% warranty of the overall amount subscribed. Lorenzo Coletta the head of Mini and Basket Bonds of MCC said to BeBeez that this kind of structure is becoming popular.
MGM, an Italian producer of outdoor special shoes, retained Banca Profilo, ADVANT Nctm and Recap Consulting for the issuance of a five million euros minibond that Anthilia Capital Partners subscribed (see here a previous post by BeBeez). MGM belongs to the Foglio Family (42.07%), Germana Congiu and Clessidra Capital Credit (15.95% since 2022). MGM has sales of above 50 million. Barbara Ellero is Anthilia Capital Partners head of Private Capital. Marco Foglio is the ceo of MGM.