Italy
TPG Growth invests in lyric library Musixmatch
The sponsor closed its latest growth fund in August 2021 at USD 3.6bn, and has seen fast deployment
GP Profile: MCP steps up DACH and international focus ahead of next fundraise
ESG and continued expansion of its international LP base also on the agenda, managing partner Inna Gehrt tells Unquote
BC Partners to join Bain as co-investor in Fedrigoni
Valued at around EUR 3bn, the Italian paper and label manufacturer will also receive co-investment from Canson Capital
Trilantic to buy Passione Unghie in SBO from Orienta
Incumbent GP and founders retain minority stake; deal includes unitranche led by Eurazeo and HIG
Ambienta plans asset class expansion following EUR 1.55bn Fund IV close
Environmental investor set for first deals with new fund in 2023 as it assesses a foray into new asset classes and geographies, founder and managing partner Nino Tronchetti Provera tells Unquote
Algebris holds EUR 200m first close for debut Green Transition Fund
Fund has a EUR 400m target and is headed by three former executives from Italian utility company A2A
Apax Partners hires head of Italy to bolster local presence
Marco Conte joins from Trilantic to support the French GP’s work in its pipeline of Italian SMEs
ICG, Merieux Equity to exit DOC Generici to TPG
Secondary buyout sees San-Francisco-based GP pre-empt auction for Italian generic drugmaker
Cobepa buys majority stake in Salice
Belgian sponsor invests alongside Italian furniture hinges manufacturer’s family shareholders
Bain Capital, Nextalia to acquire Deltatre from Bruin Sports Capital
Italian sports technology provider first sale attempt was hampered by the onset of COVID-19 in early 2020
Oakley, EQT seal Facile.it sale to Silver Lake
Sale to Californian tech investor gives Italian price comparison platform unicorn status
Mindful Capital hires adviser to sell Italian Frozen Food Holding
Vitale will guide the sponsor in an auction expected to launch between September and October
Ardian's Dedalus sale postponed until September
Owners of Italian software group in “wait-and-see mode” as M&A faces challenging environment
Alto preps new vehicle as Fund IV deployment nears completion
Italian investor is preparing for new fund investing in Italian SMEs specialising in consumer, industrial, services and pharma sectors.
360 Capital holds EUR 45m first close on early stage tech fund
Square II will invest in pre-seed and seed rounds with a focus on French B2B software, consumer disruption, deeptech
GP Profile: Kyip Capital on debut fundraising, opportunities in Italian education
After interim close, Milan-based fund seeks up to EUR 165m by early 2023; eyes deals to grow data validation business and university platform
Alto Capital sells CEI Group to White Bridge
Vendor will reinvest with a minority stake in the automotive spare parts manufacturer via the same fund
Sun European acquires Tenax
The sponsor invested through its latest fund, Sun Capital Partners VIII, acquiring an 80% stake.
Alcedo could launch Agrimaster sale in late 2022
Italian GP bought the agricultural machinery producer in 2017 via a EUR 30m SBO from B4 Investimenti
B4 Investimenti on track for new fund launch in late 2023
Italian GP plans to hit the road for Fund III after the end of its current vehicle’s investment period
Alcedo heads for June final close for Fund V
Italian GP has received EUR 230m in commitments to date for Fund V against a EUR 250m hard-cap
Bravo Invest reaps 3x, 4.5x MM apiece in Arbo and MTW exits
With sales of Italian portfolio companies to NB Renaissance and DBAG, respectively, Bravo’s debut fund has now conducted four exits
Permira exits Althea to F2i and DWS
Deal will see the Italian group broken into two, with DWS owning the UK arm and F2i the Italian assets
Bregal Unternehmerkapital acquires Italgel
Specialty gelatine and collagen-based ingredients producer is the GP's second deal in Italy