Italy
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
Apax France-backed AEB buys Danmil
AEB plans to strengthen its offering and expand in the Nordic market
Ambienta-backed Safim bolts on Omni
GP intends to strengthen Safim’s position within the DACH market with the bolt-on
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
Ardian buys stake in SwanCap Partners from UniCredit
SwanCap combines primary investments, direct secondaries and direct co-investments
Investindustrial launches €3bn fund
Fund follows the same strategy as its predecessor, which closed on €2bn in 2016
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
Ambienta hires seven
Sustainability-focused GP has made a number of hires in its Italian and German offices
Alto Partners acquires Bia
Third investment made by Alto Capital IV, which held a €210m final close in 2018
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
Ardian buys Celli from Consilium
Sale ends a six-year holding period for Consilium, which controlled a 70% stake in Celli
Hg-backed Noventic bolts on Ch. Mittendorf and Neotech
Hg retained a minority stake in Noventic after the sale of its portfolio company Qundis
Apollo acquires stake in Bene Assicurazioni
Transaction is part of Apollo's acquisition of NYSE-listed company Aspen Insurance Holdings
Progressio holds €185m interim close for Fund III
Fund invests in Italian SMEs operating in the engineering, fashion, pharma and food sectors
Investindustrial's Benvic bolts on Plantura
Third add-on made by Benvic, following the acquisition of VinyLoop and Alfa PVC in 2018
Ardian-backed F2A bolts on Archimede HR
Company's founder Aldo Pascucci will be appointed as new service development officer of F2A
Hat Orizzonte invests €3m in Advice Group
Second investment made by the GP via its Technology & Innovation fund, targeting €100m
Eos-backed Poplast bolts on FM Plastic
This is the second bolt-on inked by the business, following the acquisition of Sala in October 2017
AVM Gestioni, Centurion Global invest in Italia Independent
GPs invest via a newco named Creative Ventures, which acquired 2,553,191 new shares
Fondazione Enasarco seeks new CIO
Unquote understands that Enasarco is seeking an external candidate to fill in the position
Augens, BMO buy Impresa San Siro
GPs plan to create a pool of companies with a leadership position in the funeral services sector