Italy
DC Advisory opens Milan office, appoints Vigo as Italian CEO
Firm expects to strengthen its international presence and its position within the Italian mid-market
Italian pension fund consortium set to select PE manager
Investment consultant Prometeia Advisor Sim has assisted with the manager search
Oakley Capital backs Italian homeware designer Alessi
GP acquires a stake of around 40% from the founding family, who will retain the majority
Tikehau invests €25m in Milan-listed broker Assiteca
GP deploys capital from Tikehau Growth Equity II, which held a first close on €150m in July 2018
CDP acquires 70% of Invitalia Ventures to manage FNI
Invitalia will be appointed as fund manager of FNI, which is expected to raise around €1bn
Palamon carves out Business School24 from Il Sole
GP already owns a 51% stake in the company and is buying the remaining 49% for €21.5m
NB Renaissance acquires leather producer Rino Mastrotto
Founding Mastrotto family will retain a significant stake and continue to lead the company
CVC buys online universities Pegaso and Mercatorum
GP deploys capital from its CVC Fund VII, which held a final close on its €15.5bn hard-cap in 2017
Ergon buys baked goods specialist Dolciaria Acquaviva
GP invests via its Ergon Capital Partners IV fund, which held a final close in March on €580m
Skylake Capital launches $150m early-stage fund
New venture firm is launched by Marcos Battisti, formerly of C5 Capital and Intel Capital
DeA Capital acquires stake in asset manager Quaestio
DeA Capital Alternative Funds also buys the Quaestio NPL unit, which manages the Atlante funds
BlueGem, Value Italy reduce stake in DigitalGo
Partial exit for the two GPs, which acquired the company in 2009 via MPS Venture II and BlueGem I
Quadrivio buys moulding specialist Rototech
Second deal made by the GP via its Industry 4.0 fund, launched in 2018 with a €300m target
BlueGem buys Italian hair care specialist Pool Service
GP plans to boost the company's growth organically and by pursuing a buy-and-build strategy
Tikehau Capital invests €29m in DoveVivo
Company raises a total of around €72m, including €22.5m of debt financing provided by Illimity Bank
Alcedo acquires ready-meal specialist Eurochef
GP deploys capital from Alcedo IV Fund, which held a final close in May 2016 on €195m
Progressio buys spreads and dried fruits maker Damiano
GP invests from its Progressio Investimenti III fund, which held a final close on €250m in July 2019
Ibla Capital buys bed manufacturer Assio
Company's management team, led by founders Giuliano and Graziano Coden, will stay on with the business
Tamburi buys minority stake in Milan-listed Elica
Following the deal, Tamburi CEO Giovanni Tamburi will become a member of the company's board
Aksìa holds €100m first close for fifth fund
Fund targets businesses with potential for high growth, and expansion and buy-and-build opportunities
Wise closes fifth fund on €260m after two months
Italian investor has held a final close on the vehicle's hard-cap, having launched in June
Progressio closes fund III on €250m hard-cap
Italian mid-market firm Progressio held an interim close on €185m back in February
Clessidra sells Cavalli to Dubai-based firm
Sale ends a four-year holding period for Italian GP Clessidra, which owns a majority stake
Italy: exit routes open up as foreign capital pours in
Exit routes for Italian-owned companies was a key theme at Unquote's Milan forum in early July