Download here the 2025 BeBeez Private Debt Report available for the subscribers to BeBeez News Premium and BeBeez Private Data
BeBeez Headlines News is also on Spotify!
Sign up here for the newsletter of BeBeez Headlines News and get in your Inbox a daily podcast that summarizes BeBeez News.
Click here for previous podcasts
Save the date!
We look forward to meeting you on 1 December, Tuesday, at Milan’s Palazzo Mezzanotte, for the BeBeez Private Capital Summit 2026
Where Italy Meets Alternative Capital.
A super early-bird 40% discount is available (deal expiring on 31 August, Monday)
Professionals working for private capital funds, institutional investors, financial avisors, business lawyers, entrepreneurs, and managers
will highlight the Italian market evolution.
The event will articulate in two complementary parts:
☀️ The State of Private Markets 2026
🌙 Private Capital Gala
Click here for information about sponsorship and speaking opportunities or write to info@edibeez.it.
Gold Sponsors: Cherry Bank, Spada Partners;
Silver Sponsors: Banca Valsabbina, EOS IM, Scouting – Capital & Family Advisors;
Bronze Sponsors: FG2 Capital, Duke&Kay
Special Sponsor: BeBeez Private Equity Backed Managers Awards; Di Luccia & Partners
Download the BeBeez Magazine special issue of December 2025 for the reports about BeBeez Private Capital Summit 2025
At the end of October 2026, will expire the debt service moratorium that lenders agreed for troubled Italian closured produre Tapì, a company that Stirling Square acquired in 2023 for an above 300 million euros Enterprise Value (see here a previous post by BeBeez). The fund financed the transaction with a senior revolving loan of 150 million that Crédit Agricole Italia, UniCredit, Banco BPM, and Natixis provided and a mezzanine facility and a 35 million PIK bond with a spread of 11.5% on top of 6M Euribor that Paris-listed Tikehau Capital subscribed. See here the notes of Tapì April board meeting available for the subscribers to BeBeez News Premium and BeBeez Private Data. Tikehau Capital purchased part of the company’s banking liabilities for launching a Debt-to-Equity swap and replacing Stirling Square as controlling shareholder. However, Tapì attracted the interest of Guala Closures (Investindustrial), Corticeira Amorim, Cobepa’s Crealis (the owner of Enoplastic). Roberto Casini is the ceo of Tapì which retained Houlihan Lokey and Chiomenti. Molinari e Alvarez & Marsal, si trova di fronte a un dilemma: se cioè scegliere la via finanziaria avvallando il piano sostenuto da Tikehau hired Lazard and Hogan Lovells. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Stirling Square, Investindustrial and their 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
Celli Group, a company that since 2019 belongs to Ardian (70%) and the eponymous family (30%), completed capital strengthening and financial restructuring which, in addition to converting the majority of existing debt into equity-linked financial instruments, also involves 19.5 million euros of new super-senior financing that Muzinich, BNP Paribas European SME Debt Fund, BNP Paribas, Natixis, Mediobanca, Banca Ifis, and Crédit Agricole CIB provided (see here a previous post by BeBeez). Ardian poured 14 million in the business. The notes of the company’s board meeting of 15 July, Wednesday, are available for the subscribers to BeBeez News Premium and BeBeez Private Data. Celli retained Lazard, PedersoliGattai, Giovannelli e Associati, and Ropes & Gray. The lenders received assistance from DC Advisory and Linklaters. Piero Aicardi di Aicardi & Partners and New Deal Advisors acted as independent advisors. Ardian acquired its stake in Celli from Consilium Private Equity Fund. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Ardian 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
RedBird Capital Partners, a firm that Gerry Cardinale heads, carried on a 50 million euros recapitalization for iconic Italian football club AC Milan ahead of a further equity injection (see here a previous post by BeBeez). The club losses amount to around 24 million and equity stands at around 176 million. RedBird acquired AC Milan from Elliott Management in August 2022 on the ground of an enterprise value of 1.2 billion while Yankee Global Enterprises, the owner of iconic baseball team New York Yankees, purchased a minority. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors RedBird 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
