Italy
CDP Venture Capital invests €21m in Primo Space Fund
Fund has an €80m target and invests in seed, series-A and series-B rounds in the space technology sector
Riello Investimenti backs First Advisory
GP invests via its Italian Strategy Fund, a €150m vehicle that held a €50m first close in June 2019
OpCapita's Sebeto sells Ham Holy Burger
With this divestment, Sebeto intends to focus on its core pizza and pasta business
MJ Hudson Alma appoints Nigro as equity partner
Roberto Nigro will be based in Milan and focus on venture capital deals and transactions
Main Capital launches restructuring fund for Covid-19 crisis
Fund is dedicated to UTP exposures and is composed of a credit section and a finance unit
Ardian-backed Celli buys T&J Installations
Celli plans to consolidate its market position in the UK and further expand internationally
Italy embarks on the "deep tech" revolution
"Deep tech" startups specialise in transformative technologies, such as nanotechnology, industrial biotech, and advanced materials
Coronavirus outbreak leaves Italian PE industry in limbo
With Italy being the worst-affected European country, deals and fundraising are so far confined to a timeless limbo
United Ventures leads €3m series-A for Fiscozen
United Ventures deploys capital from its €120m UV2 fund, which targets disruptive technology startups
PHI Industrial launches €50m third fund
Fund will target European companies requiring management changes and a restructuring strategy
Advent-backed Rubix acquires Barlotti, Walter Gondrom
Unquote understands the acquisitions were not backed by fresh equity from the firm
Bain, NBRP-backed Engineering bolts on FDL Servizi
FDL Servizi founder and CEO Fausto Romelli retains a minority stake
2020 Outlook: Southern Europe finishes 2010s on record high
Deal volume was the highest on record in 2019 with 174 buyouts, though aggregate value decreased to €25bn from €30bn
Aksia-backed Primo invests in L Catterton's CareDent
Combined group will operate a network of 155 dental clinics and generate revenues of around €100m
Oaktree Capital backs Mail Boxes Etc
GP acquires a stake of up to 40% in the company via a capital increase of up to €120m
Mandarin's Coffee Holding bolts on Yespresso
Deal is part of the buy-and-build strategy pursued by the GP to create a coffee production platform
Italian family offices join forces to invest in VC
Cube3 is intended to help Italian investors gain exposure to international investments strategies
Apollo takes betting business Gamenet private
Apollo increases its stake after initially buying 48.67% of Gamenet from Trilantic in October 2019
Vertis to launch €120m fifth VC scaleup fund
Fund will target companies with revenues of at least €5m, operating in a wide range of innovative sectors
Argos Wityu buys Sicura from Rekeep for €54.5m
GP intends to support Sicura by boosting its growth both organically and via strategic acquisitions
Arcadia buys pharma packaging specialist Favillini
GP invests via its Arcadia Small Cap II fund, which held a final close on €80m in May 2019
Eurizon launches private markets arm
New organisation, which has been operating since December 2019, has €3.4bn in AUM
Carlyle sells Golden Goose to Permira
Sale ends a three-year holding period for the GP, which bought the company via CEP IV and AGP V
NB Renaissance Partners III close to hitting €1bn target
Fund acquires majority stakes in Italian mid-market companies operating in a wide range of sectors