Southern Europe unquote
DeA Capital's Idea CCR II buys stake in Calvi Group
As part of the transaction, Idea CCR II, together with Illimity Bank, provides €13.5m in financing
BC Partners exits OVS in €74.9m deal
Following the deal, Tamburi becomes the majority shareholder in the company with a 22.7% stake
MCH sells minority stake in Talgo in €69m deal
MCH first backed Talgo in March 2006 alongside US investment bank Lehman Brothers
ArchiMed to acquire Bomi in €70m take-private deal
GP intends to finance the acquisition via its Med Platform I fund, which held a €530m first close in 2018
FSI holds final close for mid-market fund on €1.4bn
FSI Mid-Market Growth Equity Fund acquires primarily minority stakes in Italy-based companies
Carlyle's Comdata carves out PayCare from PE-backed Nexi
Deal follows the sale of Oasi, purchased by FSI's Cedacri from Nexi for €151m in January
Gradiente holds €135m final close for second fund
Fund is larger than its predecessor, Gradiente I, which held a final close in 2012 on €76m
Crest Capital acquires Penta Group
GP deploys capital from its Crest I Fund, which held a final close in October 2018 on €100m
Alantra holds €150m interim close for second debt fund
Alantra Debt Fund II increases its target size to €175m and its hard-cap to €200m
Fondo Agroalimentare invests in Orienta-backed Bassini
In addition, Fratelli Bassini acquires frozen baked goods specialist Glaxi Pane
Aksìa launches €200m fifth fund
Aksia Capital V is larger than its predecessor, a €110m vehicle closed in April 2016
Aksìa-backed Covisian bolts on Grupo GSS
Following this deal, Covisian expects to reach revenues of €300m and employ a staff of 14,000 people
Suma to launch second fund in H2
Vehicle’s predecessor Summa Growth Capital Fund I held a final close on €50m in 2015
Project A Ventures leads $7.9m series-A for Casavo
Previous backers Picus Capital and 360 Capital Partners also take part in the funding round
Investindustrial launches €3bn fund
Fund follows the same strategy as its predecessor, which closed on €2bn in 2016
360 Capital leads €7m series-A for Signaturit
Previous backers, including Bonsai Partners and Banco Sabadell, also take part in the round
Naxicap-backed BVA bolts on Doxa
BVA expects to become one of the main market research groups in Europe and reach revenues of €200m
Siparex Investimenti 3 to be launched in 2019
Fund is managed by Insec Equity Partners, which is based in Milan and led by Barbini and Gianola
ProA Capital holds €475m final close for third buyout fund
ProA Iberian Buyout Fund III targets mid-sized companies with potential for internationalisation
Alto Partners acquires Bia
Third investment made by Alto Capital IV, which held a €210m final close in 2018
Acon Investments backs Germaine de Capuccini
GPs plan to boost the company’s product innovation and expand its growth organically and via add-ons
QuattroR backs Trussardi
QuattroR invests via its €711m fund, which targets companies in temporary financial distress
Italian journalists' fund seeks VC opportunities
The National Institute for Italian Journalists' Social Security (INPGI) has launched a tender notice seeking closed-ended venture capital and growth capital funds to invest in.
Strong Italian dealflow boosts southern European activity
Italy reached an all-time peak in terms of buyout dealflow and aggregate value in 2018, boosting the region's figures as a whole