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Clessidra Capital Partners

Balsamic vinegar and olive oil
Clessidra exits Acetum via trade sale

GP has fully exited the Italian vinegar producer after a two-year ownership period

  • Exits
  • 12 September 2017
Oil refineries and commodity chemicals
Clessidra sells Bitolea to Stirling Square's Viscolube

Deal sees the GP exit the Italian chemicals producer after a five-year ownership period

  • Exits
  • 27 July 2017
PE opportunities in the hands of hedge funds
Clessidra promotes Ghizzoni as new deputy chair

Matteo Canonaco will take Ghizzoni’s seat on Clessidra’s board as a new independent director

  • People
  • 29 March 2017
New office opened
Bruno leaves Clessidra after eight years

Departure follows the recent depearture of the GP's former chairperson, Francesco Trapani

  • People
  • 22 February 2017
Mediterranean banks
PE-backed ICBPI nets DB Card Acquiring for €30m

Deal marks the fourth acquisition after the business' PE-backed MBO in June 2015

  • Portfolio management
  • 10 February 2017
Italian bank Monte Dei Paschi
PE-backed ICBPI bolts on MPS's merchant payments business for €520m

Deal marks the third acquisition for ICBPI during its private equity ownership

  • Portfolio management
  • 07 February 2017
Jewellery makers and retailers
Clessidra partially exits Buccellati in €230m EV trade sale

Following a turbulent year, the GP scores its fourth exit of 2016 by divesting its 85% stake

  • Exits
  • 28 December 2016
European fund raise
Clessidra holds €607.3m final close for third fund

GP has held a final close short of its initial €800m target, following a challenging fundraise

  • GPs
  • 06 December 2016
KIS manufactures plastic boxes and containers
BC-backed Keter buys ABM Italia from Clessidra at c€400m EV

Clessidra reaped a 3x money return following a 17-month holding period

  • Portfolio management
  • 06 December 2016
New office opened
Italmobiliare nears full Clessidra ownership

GP appoints Pesenti as chair and Fera as CEO as part of the acquisition

  • GPs
  • 14 September 2016
Fund close for Italian fund
Clessidra relaunches fundraising activity for third fund

GP sets the vehicle’s renewed target at €800m, below the original €1bn target

  • Funds
  • 18 July 2016
New hires and promotions
Clessidra hires CEO & vice-chair after Bottinelli departure

Following the acquisition by Italmobiliare, Clessidra has appointed a new CEO and a vice-chair

  • People
  • 29 June 2016
Sports betting companies and online gambling portals
CVC buys Sisal for €1bn

Shareholders Permira, Apax and Clessidra sell the business after a 10-year holding period

  • Buyouts
  • 01 June 2016
New appointment
Italmobiliare buys Clessidra for €20m

Italian holding company Italmobiliare has wholly acquired the GP

  • GPs
  • 10 May 2016
Biotechnology and pharmaceuticals
Clessidra, Mandarin et al. sell Euticals to Amri for $358m

Deal sees the GP syndicate acquire a 19.75% stake in US-listed buyer Amri

  • Exits
  • 06 May 2016
Credit cards and other banking services
PE-backed Mercury buys Intesa Sanpaolo’s payment platforms for €1bn

GPs’ syndicate includes buyout houses Advent, Bain Capital and Clessidra

  • Buyouts
  • 03 May 2016
New hires and promotions
Italmobiliare offers to buy majority stake in Clessidra for €16m

The binding offer is for the entire stake in the Italian private equity house

  • GPs
  • 27 April 2016
Top exec has left the building
Belardi and Papetti leave Clessidra

Step-down follows the death of key-man Sposito and uncertainty about the firm's ownership structure

  • People
  • 11 April 2016
Top exec has left the building
Clessidra chair Trapani abandons majority stake purchase talks

Italian PE firm Clessidra faces uncertainty after the death of founder Claudio Sposito

  • People
  • 23 March 2016
Clessidra appoints new CEO and chair after death of founder Sposito

Claudio Sposito, founder and CEO of the Italian GP, passed away after a short illness aged 60

  • People
  • 15 January 2016
2015 was a mixed bag for southern Europe and has bestowed an air of caution among its private equity practitioners looking ahead
Southern Europe eyes new year with caution after mixed 2015

unquote" looks back on PE activity witnessed in southern Europe in 2015 to predict trends for 2016

  • Investments
  • 03 December 2015
The deal for Istituto Centrale delle Banche Popolari Italiane (ICBPI) comes just months after Italy introduced banking reforms designed to encourage M&A activity
Deal in Focus: PE kickstarts Italian banking consolidation with ICBPI deal

Acquisition comes months after Renzi's government passes banking reforms

  • Buyouts
  • 30 June 2015
Advent, Bain and Clessidra acquire ICBPI for €2.15bn

Vendors reinvest for 8% stake in Italian banking services provider

  • Buyouts
  • 22 June 2015
Clessidra, Advent and Bain to acquire ICBPI in €2bn+ deal

Vendor confirms deal for banking service provider will be signed

  • Buyouts
  • 19 June 2015
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