Italy
Armònia holds first closing on €200m for maiden fund
Italy-based private equity firm holds first closing for vehicle targeting €700m
Invitalia leads €1.5 series-A for Zehus
Invitalia has invested via its Italia Venture I fund alongside tyre producer Vittoria Industries
Progressio, Idea Capital reap €130m in Italchimici trade sale
Private equity backers have reaped 3x money after one-year holding period
Wise buys Corob from Nordic Capital
Deal marks the first transaction for Wise’s most recent vehicle, Wisequity IV
CVC buys Sisal for €1bn
Shareholders Permira, Apax and Clessidra sell the business after a 10-year holding period
Generational turnover makes PE in Italy more pressing than ever
Succession challenges and internationalisation opportunities are drastically altering the Italian dealmaking environment
Tech startups power Italian recovery
Over the past few years, tech startups have accounted for an increasingly larger proportion of the Italian private equity landscape
Quadrivio reaps £12.8m in Directa Plus IPO
Venture capital fund exits the business after a seven-year holding period
PE-backed Argenta buys Somed for €30.4m
Private equity backers Motion Equity and KKR provided funding to support the transaction
Vei's Rina acquires Phoenix-backed Edif for £118.5m
Sale of the technical inspection business is the third exit for Phoenix's 2010 fund
Tensive raises €500,000 from Invitalia and Unicredit
State-backed VC firm Invitalia tapped its Italia Venture I fund for investment
Ambienta sells Spig to US-listed B&W
Deal leads to the withdrawal of the company’s intention to float, published in April 2016
Quadrivio scores 15x on Lo Scoiattolo exit
Deal marks the sixth exit for the Quadrivio Q2 vehicle, which has reached a 0.94x DPI multiple
Aksìa promotes Cottino to chair
Prior to the role, Cottino worked as a member of the advisory board at Aksìa
Quadrivio and Aksìa score 1.3x on Emmeci trade sale
Private equity houses Quadrivio and Aksìa have sold the company after a nine-year holding period
Quadrivio's Directa Plus to float on AIM
Company backer Quadrivio will exit the business after a seven-year holding period
Vertis buys Preziosi Food
Italian holding company Hat also invests in the snacks business
Quadrivio and Intesa Sanpaolo merge VC activities
New venture capital firm foresees the launch of a new vehicle with a €120m target
Invitalia raises €5m from Fondazione di Sardegna
Venture capital vehicle Italia Ventures I is now eyeing a final close on €100m
DeA Capital buys ice-cream maker Indian
Deal marks the second transaction for DeA’s private equity vehicle, Idea Taste of Italy
Investindustrial launches take-private bid for RCS
Investindustrial will own a 45% stake, with existing shareholders holding onto 55%
Keensight merges Tecres and Aap Biomaterials
As part of the deal, French GP bought Aap for €36.6m and invested in the new holding company
Fondo Italiano acquires 30% of Ligabue from Alcedo
Alcedo exited its 40% stake to the GP and founding Ligabue family, which acquired the remaining 10%
Principia buys 49% stake in Rigenerand for €8.7m
Deal marks the fourth transaction for the Principia III-Health venture capital vehicle