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Harmonic Innovation Group B-Corp (HIG B-Corp) received a financing facility of 592 million euros (equity and convertible debt) in support of the company’s 2026-2030 (see here a previous post by BeBeez). Harmonic Innovation Group is a developer of digital platforms that attracted the resources of Spain’s Rubicon International, Swiss IMCI+International, Entopan (19.59% owner of the borrower) Santo Versace (6.48%), Darwin Technologies (5.64%), Red-Fish Kapital (5.15%), and 2EFFE Holding (4.21%) of Antonio Ferraro and Angelo Ferraro. Entopan belongs to Roberto Caroleo, Brunella Chiodo, Francesco Cicione, Giuseppina Cirmi, Gennaro Di Cello, Luca Meldolesi (16.45% each), and Francesco Catanese (1.32%). The even shareholders of Darwin Technologies are Daniel Indelicato, Claudio Sichili, Salvatore Sichili, Emanuele Spampinato (ceo of Harmonic Innovation Group), and Dario Zappalà. The investors and lenders subscribed to a 30 million capital increase (15 million from Rubicon and IMCI and 15 from the shareholders). Rubicon Finance Network and IMCI+ International will provide 562.5 million as convertible loans on the ground of an enterprise value of above one billion. Entopan retained Deloitte. Pasqualino Scaramuzzino is the chairman of Harmonic Innovation Group. Modesto N. Peña y Gorrin is the founder and ceo of IMCI+ International. Ignacio Garcia is the founder and ceo of Rubicon International.
Italian baked food producer Valsa Group, a portfolio company of Aksìa, issued a 175 million euros bond that Pemberton Asset Management subscribed with the advisory of Hogan Lovells (see here a previous post by BeBeez). Lazard, Giliberti Triscornia e Associati, Russo De Rosa Associati, and Loan Agency Services assisted the company which will invest such resources in refinancing the liabilities maturing in 2032 of its subsidiary Valpizza while it will also have 65 million available for its M&A plans. Marco Setti is the ceo of Valsa. Marco Rayneri is a founding partner of Aksìa. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Pemberton Asset Management and its investments. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Italian utility Acque Veronesi attracted a six-year 60 million euros financing in support of its 390.5 million worth 2024-2029 business plan aiming at improving water quality while reducing losses and upgrading the sewerage systems (see here a previous post by BeBeez). BonelliErede assisted the lenders Crédit Agricole Italia (30 million out of the funds of the European Investment Bank and Sace warranty), ICCREA Banca and BCC Veneta (30 million). CRCCD advised Acque Veronesi for which Roberto Mantovanelli acts as chairman
Yachtline 1618, an Italian producer of high-end furniture for yacht and luxury houses that belongs to Fiorenzo Bandecchi and Enrico Ciacchini, attracted a 35 million euros financing facility from Intesa Sanpaolo’s Banca dei Territori, and unit that Stefano Barrese heads (see here a previous post by BeBeez). Yachtline 1618 will invest such proceeds in its core business and international expansion. Tito Nocentini, is Intesa Sanpaolo’s director for Tuscany and Umbria.
Italian car dealer Biauto issued the first tranche of a Milan-listed 7-year 5 million euros sustainability-linked bond with the possibility of reopening within 12 months of the issue date, to support the development of the business plan and the consolidation of its business (see here a previous post by BeBeez). Sella Investment Banking assisted the company and subscribed 2.5 million of the bond that also attracted the investment Banco di Desio e della Brianza (1.5 million) and Banca di Asti (1 million). The issuance has a 12 month of pre- depreciation and a repayment plan with fixed principal instalments. Biauto retained Bdo Law and will invest such resources in the acquisition of Autocrocetta. Gianni & Origoni advised the investors. Cerved Rating Agency released a second party opinion (SPO) about Biauto’s KPI consistency with the guidelines of ICMA (International Capital Market Association). Biauto will pay a lower interest rate (step down) upon the achievement of Sustainability Performance Targets (SPTs) and KPI ESG.
Sustainable Securities Fund (SSF), a vehicle that Alternative Capital Partners (ACP) manages, provided BIA Power Italia with equity and debt facilities for the development of an Italian Bess portfolio (see here a previous post by BeBeez). Evarist Granata, a managing director of ACP, will join the board of Bia for which Vickram Mirchandani acts as director.
