Sparkle, a former subsidiary of Milan-listed TIM, now officially belongs to MEF – Italian Ministry of Economy and Finance (70%) and Retelit (30%), a portfolio company of Asterion Industrial Partners and Marguerite (see here a previous post by BeBeez). UBS advised MEF while Vitale assisted TIM for selling Spakle on the ground of an enterprise value of 700 million euros. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Asterion, Marguerite 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
Comau, a robotics company that belongs to One Equity Partners, acquired Automha, a provider of warehouse automation solutions (see here a previous post by BeBeez). Franco Togni (ceo), Gianni Togni (vice president) and Roberta Togni (group general counsel) will keep their roles and join Comau’s board of directors. Automha has sales of 63.1 million euros, an ebitda of 2.9 million and net cash of 10.9 million. Ante Kusurin is a partner of One Equity. Comau’s financials are available for the subscribers to BeBeez News Premium and BeBeez Private Data
Sources said to BeBeez that Clessidra Private Equity acquired70% of Microtec, an Italian provider of scanning solutions for wood and food, from Austrian Gss Italmobiliare while ISA-Istituto Atesino di Sviluppo, Botzen Invest Euregio Finance, 035 Investimenti, BNP Paribas BNL Equity Investments, Federico Giudiceandrea, and Narval Investimenti purchased a minority (see here a previous post by BeBeez). BNP Paribas BNL and Banco BPM financed the transaction. Frank Jöst (ceo) and Arianna Giudiceandrea (cso) will keep their role. Clessidra retained Fineurop Soditic (M&A e debt advisor), Advant NCTM (legal), EY (financial and operations), Goetz Partners (business), KPMG (tax and structuring), ERM (ESG), Marsh (insurance), and Groupe Electa (funds flow). MP Corporate Finance (M&A advisor), Binder Grösswang (legal), Di Stefano Auer Partner (legal), and EY (tax) advised the vendors. Microtec has sales of 71.2 million euros, an ebitda of 14.5 million, net profits of 9.7 million, and equity of 37 million. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Clessidra and its 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
Swiss healthcare and sustainability investor Gyrus Capital acquired the majority of Anything Can Be Changed (ACBC), an Italian circular science B Corp (see here a previous post by BeBeez). Gio Giacobbe, Edoardo Iannuzzi and the managers sold the asset and reinvested in the company. Gyrus Capital retained A&O Shearman, Kearney, New Deal Advisors, Chiaravalli Reali & Associati, dss+, and Insubriass. ACBC hired Ethica Group and IPG Law Firm. Gyrus aims to support the target for M&A deals. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Gyrus Capital and its 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
PureLabs, a cluster of diagnostic laboratories that Nino Lo Iacono founded, acquired Centro Medico Aurora from Ezio Ganio and Chiara Ganio (see here a previous post by BeBeez). Minerva Corporate Finance acted as financial advisor. Centro Medico Aurora retained Weigmann while Dentons assisted PureLabs. The target has sales of 7.2 million euros, an ebitda in the region of 1 million and net cash of 0.861 million.
Troubled Milan-listed Bialetti Industrie, the Italian producer of iconic moka express coffee machines, sold a 78.5% to NUO Capital for 53 million euros ahead of a delisting (see here a previous post by BeBeez). Bialetti Industrie previously belonged to Bialetti Investimenti (45.2%) and Bialetti Holding (13.8%) two vehicled of ceo Roberto Ranzoni. NUO retained Chiomenti, Gitti & Partners, EY, and Vitale&Co. The vendors hired Zulli Tabanelli e Associati, Lazard, BonelliErede, and Linklaters. Illimity and AMCO received assistance from Orsingher Ortu Avvocati Associati and Giovanardi Studio Legale.
FiberCop, a company that Milan-listed TIM sold to KKR, aims to integrate with Open Fiber, a competitor of CDP (60%) and Macquarie (40%) (see here a previous post by BeBeez). The project, which is still at an exploratory stage and could give new impetus to the creation of a single national network. Alberto Signori, a partner of KKR Infrastructure, reportedly explained that the Italian government is interested in this merger for saving on investment costs.
Florsistemi and Florinfo, two portfolio company of London permanent capital firm Uplift Limited, will merge and rebrand as Gruppo Flor (see here a previous post by BeBeez).
Milan-listed Generalfinance called off the acquisition of 96% of Workinvoice (see here a previous post by BeBeez).
Assist Digital, a provider of CRM solutions that sold a 60% to Ardian in 2023, acquired Be Simple, a cloud integrator company from Gabriele Sannicandro, Massimiliano Meroni and Gabriele Biella that will keep their management roles (see here a previous post by BeBeez). BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Ardian and its 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
Officine Maccaferri, an Italian engineering company that belongs to Ambienta since 2024, signed a joint venture with PSS Global and created Prime Synthetic Solutions a provider of sustainable solutions for offshore and onshore energy (see here a previous post by BeBeez).
Alto Partners signed a binding agreement for selling a 70% of Millefili, an Italian producer of fine yarns for knitwear, to Armonia, a fund that Alessandro Grimaldi heads with Sigieri Diaz Della Vittoria Pallavicini, Francesco Chiappetta and Fabrizio Di Amato (see here a previous post by BeBeez). Ashurst assisted Banca Monte dei Paschi di Siena, Banca Ifis and BPER Banca which financed the transaction. Alto Partners invested in Millefili in 2018. Sources said to BeBeez that Armonia attracted 240 million euros ahead of a fundraising target of 300 million. Daniele Selleri (ceo) and the managers will keep their roles in Millefili. Armonia retained EY, OC&C, GOP, Alonzo Committeri & Partners, Ramboll, and Greenberg Traurig. Fineurop Soditic, LCA and Studio Serantoni assisted the vendors.
