Italy
FSI’s Cedacri carves out Oasi from PE-backed Nexi for €151m
Cedacri will finance the acquisition with a debt package provided by a pool of 14 banks
Finint holds €51.6m first close for debt fund
PMI Italia II has a €150m target and invests in Italian companies with revenues of up to €500m
H-Farm makes 6x on Depop exit
Sale generates a collection of €2.6m and a capital gain of €2.5m for H-Farm
Siparex backs Saip
GP deploys capital from Siparex Investimenti 2 and Siparex MidCap 3 to finance the deal
TA Associates backs List
TA Associates managing directors and vice-president will join List's board
3i Group buys MFM Capital
3i acquires the company for up to €16m, of which €8.7m was deployed on signing the deal
Investindustrial acquires Jacuzzi Brands
Nottingham Spirk co-invests alongside Investindustrial by acquiring a minority stake in the company
Siparex acquires minority stake in Plurima
GP draws capital for the deal from its two funds, Siparex Investimenti 2 and Siparex MidCap 3
Investindustrial buys Italcanditi
Company's founders, the Goffi family, will retain 30% and partner with the GP in the management
Basalt Infrastructure Partners backs Caronte & Tourist
GP acquires a 30% stake in the company, investing via its Basalt Infrastructure Partners II fund
Xenon acquires PanaPesca
Earlier reports suggested the deal could value the seafood and fish producer at around €90m
P101 leads €2m round for Projects Co-living
P101 invests from its Programma 102 fund, which was launched in May 2018 with a €120m target
Principia sells Comecer to trade
ATS also acquires a majority stake from the Zanelli family for a total purchase price of €113m
Route Capital Partners buys Barikell
GP backs the company alongside Italian private investors Gianfranco Padovani and Vittorio Cereghini
FII acquires Fonderie di Montorso
GP will support the company's expansion and create a pool of businesses specialising in iron casting
LBO France’s Gioconda buys Bluclad
Founders Marco Eruli and Leandro Luconi retain a significant minority stake in the business
Motive Partners backs Finantix
Following the deal, the company's founders and management team will continue to lead the business
Bain's Italmatch bolts on BWA Water Additives
Acquisition is financed by a combination of Italmatch debt and a fresh equity injection
NB Renaissance Partners buys Hydro from Mandarin
GP buys the firm from Mandarin Capital Partners, Atlante Private Equity and minority shareholders
Ambienta buys Image S
GP acquires the company via Next Imaging, its recently established buy-and-build platform
CIP Merchant Capital backs 7Star
Company plans to use the fresh capital to open new veterinary clinics in northern Italy
Vertis, StarTIP lead €7.8m round for Buzzoole
Previous backers R301 Capital and Impulse VC also took part in the funding round
NB Renaissance-backed Comelz bolts on Develer
Company will use the investment to open a new business unit focused on research and development
ING Ventures leads €1.3m series-A for Axyon AI
Investment also sees participation from Italian bank UniCredit and several angel investors