Italy
Riello launches €80m agri-food venture fund
Linfa Ventures will be dedicated to late-stage and growth capital investments across the agri-food sector
PM & Partners buys Cosmelux
Private equity firm Capital Dynamics participated in the transaction alongside PM & Partners
Alcedo backs cybersecurity specialist NetHive
This is the 10th investment inked by the GP via Alcedo IV, which closed on €195m in May 2016
Itago buys Teknoice
Second deal inked by Itago IV, following its acquisition of a majority stake in SR-Mecatronic
Oaktree provides €275m in financing to Inter Milan
Following the deal, Suning and LionRock pledge their stakes in the company as collateral
Itago exits Altanova to Esco
With this exit, NEIP III reaps a return of 4.5x on its initial investment
Alcedo exits Swisscare to Nahrin
Sale ends a five-year holding period for Alcedo, which acquired a 55% stake in Swisscare from its founders
IGI buys OME Group
GP invests in the company via IGI Investimenti Sei, which held a €170m final close in July 2020
Wise Equity invests in Selle Royal
GP backs the company via its fund Wisequity V, which closed on its €260m hard-cap in July 2019
Oxy Capital backs GPack
Deal includes the restructuring of around €60m in debt and the injection of fresh funds, as well as managerial support
Alpha appoints Zanotelli as director in Italy
In his new role, Livio Zanotelli will focus on identifying new investment opportunities across Italy
Neuberger exits Service Med to MedicAir
GP sells its 75% stake in the medical company, controlled via Atlante Private Equity Fund
Neo Investment exits restaurant chain Obicà
Sale ends a nine-year holding period for Neo Investments, which acquired a 52% stake in Obicà from the company's founders
Azimut buys 30% stake in VC house P101
With this partnership, Azimut and P101 intend to develop a European platform to fuel the growth of innovative companies
KPS buys aluminium specialist Metra
GP invests in the business via KPS Special Situations Mid-Cap Fund, which closed on $1bn in October 2019
NB Aurora buys 30% stake in Veneta Cucine
Investor plans to boost Veneta Cucine's growth, consolidate its market position and further bolster its expansion
Xenon closes small-cap fund on €85m
Xenon Small Cap Fund is dedicated to investments in Italian companies generating EBITDA of up to €3m
Seco floats in €397m IPO
Sellers include FII, which owns a stake in Seco via its Fitec fund, and the company's founders
Hg sells EidosMedia to Capza
Sale ends a six-year holding period for Hg, which acquired a majority stake in Eidosmedia firms Wise and Aksia
Bain sells Fedrigoni's security business to Epiris's Portals
Sale comprises Fedrigoni's facilities specialised in the production of security paper for banknotes and documents
Metrika buys machinery business Robor
This is the second deal made by Metrika I fund, which targets Italian companies generating revenues of €20-100m
Alto-backed CEI buys Lema
Combined group expects to reach revenues of €85m in 2021, with a 20% EBITDA margin
Clessidra's Botter bolts on Mondodelvino
Combined group expects to reach revenues of €350m in 2020 and further expand its market share
F&P4Biz buys fuel tanks specialist Farma
F&P4Biz intends to boost Farma's international expansion, while pursuing a buy-and-build strategy