Italy
Paine’s Suba Seeds buys Brotherton
Deal marks the second bolt-on acquisition in the US market for PE-backed Suba Seeds
Clessidra relaunches fundraising activity for third fund
GP sets the vehicle’s renewed target at €800m, below the original €1bn target
Investindustrial sells jewellery manufacturer Stroili
Sellers include minority stakeholders 21 Investimenti, Wise, Ergon and NB Renaissance
Consilium buys majority stake in GMM
Deal marks the second investment of 2016 for the GP’s third vehicle, Consilium Private Equity Fund III
Ardian buys 60% stake in Dedalus
Deal marks the sixth investment in the Italian mid-cap market for Ardian
NB, Apax take over Engineering Ingegneria Informatica
Following the transaction, the GPs have de-listed the company after 16 years on the stock exchange
EdRip injects €15m into Mondial Pet
As part of the deal, EdRip acquired a minority stake in excess of 40%
Bayside Capital holds first close on €260m for Idea CCR I
Restructuring and turnaround fund will focus on Italian mid-size companies
21 Investimenti buys Italian sneaker maker Philippe Model
Deal marks third acquisition for the GPs third vehicle, 21 Investimenti III
GHO buys Nicox and Visufarma
Newco will hold a combined portfolio of 60 products worldwide
Fondo Italiano exits winding machines producer Marsilli
Italian state-backed GP has sold its stake in the business after a three-year holding period
Alto Partners’ Dolciaria Val d’Enza bolts on Artebianca
Deal marks the seventh transaction for the GP’s third vehicle, Alto Capital III
Consilium buys heavy machinery producer Faccin
French private equity firm Access Capital Partners co-invested in the business alongside Consilium
Clessidra hires CEO & vice-chair after Bottinelli departure
Following the acquisition by Italmobiliare, Clessidra has appointed a new CEO and a vice-chair
Alto Partners buys La Suissa
Deal marks the sixth investment for Italian SMEs-focused vehicle Alto Capital III
Panakés and Invitalia lead €4m series-A for Echolight
Deal marks the fifth investment for Invitalia Ventures and the first for Panakés
Tim Ventures leads €600,000 seed round for Cloudesire
Deal marks the largest investment round so far for the Italian startup-focused venture capital firm
Investcorp buys Corneliani for $100m
Deal marks the fourth investment in the luxury clothing segment for Investcorp
Summit’s DentalPro bolts on Giovanni Bona for €80m
Pemberton supported the acquisition with a €70m bond facility
Kartesia takes over Desmet Ballestra in lender-led deal
New owner will look to stabilise the group's activity and ensure continuity
Ambienta fully acquires Ravelli
Deal sees the founding family exit the business after a two-year auction process
New rules for Italian debt create opening for alternatives
Italy opens up its credit market to European alternative investment funds
Newronika raises €1.7m from Innogest et al.
Venture capital backers include Italian firms Atlante Ventures and F3F
Agic buys Gimatic for more than €100m
Deal marks the second European transaction for the Sino-German vehicle