Italy
IGI to assess strategic options for Nuovaplast
Manufacturer of PET preforms Nuovaplast attracted unsolicited approaches by European industry players
De Cecco attracts interest from ProA Capital, denies talks
Private equity firm is keen on acquiring a minority interest in the pasta maker, sources say
Panakès Partners holds EUR 150m first close for second fund
Vehicle's target has been extended to EUR 180m and the fund will focus on medtech and biotech deals
Ermenegildo Zegna merges with Investindustrial-backed Spac
Merged entity will have an anticipated initial enterprise value of USD 3.2bn
Aliante Partners secures preferred equity with Pomona
Deal includes a liquidity option for LPs and a second preferred equity line for add-on acquisitions
Apollo makes first deal from Impact strategy
Apollo will launch a take-private bid for the recycled cardboard producer on completion of the deal
Cinven buys Arcaplanet from Permira in €1bn-plus deal
Pet care retailer reportedly fetched more than €1bn
LBO France hires Ethica for Vetroelite exit
Auction for the Italian specialist containers manufacturer is expected to kick off in September
PAI buys Pasubio from CVC
CVC bought Pasubio in 2017 through its CVC Capital Partners VI fund
BIP on look-out for targets following CVC investment
CVC acquired the Italian management consulting and business integration service earlier this month
Clessidra holds €270m first close for fourth fund
Clessidra Capital Partners 4 was launched in November 2020 and has a €500m target
Equita targets €140m for Italian SME fund
Equita Smart Capital – ELTIF is open to both institutional investors and select retail clients
Investindustrial sells Sergio Rossi to Chinese fashion group Fosun
Sale ends a six-year holding period for the GP, which acquired the company from Kering via Investindustrial V
Riello's Impresa Italia II holds €73m first close
Impresa Italia II targets Italian mid-market companies and specialises in providing senior and junior loans
Investindustrial backs Targa Telematics
GP invests in the company via Investindustrial VII, which held a final close on €3.75bn in November 2019
KPS buys industrial machinery forge Siderforgerossi
GP invests in the company via KPS Special Situations Mid-Cap Fund, which closed on $1bn in October 2019
Alto Partners backs Diatech
GP invests in the company via Alto Capital IV, which held a final close on its €210m hard-cap in April 2018
Equinox buys Migal
Equinox invests in the business via its Equinox III fund, which closed on €360m in July 2020
Gyrus carves out PwC Italia's consulting business
Gyrus intends to expand the company's team and further broaden its product offering in Italy and internationally
B4 Investimenti eyes next fund launch in 2023
B4 plans to start fundraising once it has fully deployed its B4 H II - EuVECA fund
CVC buys BIP from Apax
GP invests in the company via CVC Capital Partners Fund VIII, which closed on €21.3bn in July 2020
LBO France buys majority stake in Polis Fondi
GP generally invests in Italy via its small-cap strategy, targeting deals valued at less than €100m
Eureka Technology Transfer raises €51m, increases target to €70m
Fund invests in seed and series-A rounds, targeting companies operating in the "deep-tech" industry
Progressio buys ATK Sports
This is the eighth deal made by the GP via its Progressio Investimenti III fund, which closed on €250m in 2019