Italy
Vertis backs LinkPass with €1m
Southern Italian investor Vertis has injected €1m into professional networking app LinkPass.
TLcom backs Beintoo with $2m
London-based VC TLcom Capital has injected $2m into Beintoo, an Italian provider of loyalty programmes for apps and websites.
AXA PE buys 70% stake in Bruni Glass
AXA Private Equity has acquired a 70% stake in Italian glass containers producer Bruni Glass.
Clessidra makes offer for Telecom Italia
Italian GP Clessidra has made a non-binding offer for the entire business of television company Telecom Italia Media, according to reports in the local press.
AXA PE buys Limacorporate stake
AXA Private Equity and banking group Intesa Sanpaolo have acquired a 66% stake in orthopaedic devices producer Limacorporate.
2012 sees fewer state-backed funds
Fewer government-backed funds have been launched in 2012 than in previous crisis years, suggesting that either the market is picking up, or that even governments' aid efforts are failing.
Clessidra eyes Telecom Italia Media
Private equity firm Clessidra and several media companies are circling Italian television network Telecom Italia Media, according to reports in the local press.
Berrier Capital backs Ploonge
Italian private equity firm Berrier Capital has acquired a 25% stake in social dining site Ploonge, according to reports in the Italian press.
Southern Europe unquote” September 2012
Italian private equity houses Sator and Palladio finally retreated from insurer Fondiaria-Sai, relinquishing the troubled behemoth to the hands of the salotto buono, the figurative drawing room in which the nation’s elite clutch of industrial, financial...
Southern Europe unquote” July/August 2012
It was “nothing but a loan with very favourable conditions,” according to the Spanish economy minister. Not a “rescue” and certainly not a “bailout”.
Seat Pagine Gialle in €1.3bn debt-for-equity swap
Seat Pagine Gialle, the Italian directories firm backed by CVC Capital Partners, Permira and Investitori Associati, has announced the conversion of a tranche of bonds to equity.
PE firms lose Fondiaria to Italian inner circle
PE firms lose Fondiaria
Vertis leads €1.25m round for De Revolutione
Italian investor Vertis has led a €1.25m funding round for Naples-based social platform De Revolutione.
Italian association introduces graduates to the industry
Italian private equity and venture capital association AIFI is to hold a conference in October to introduce young people to the industry.
21 Investimenti backs Assicom
Italian investor 21 Investimenti has acquired B2B credit collection services firm Assicom.
Star Capital SGR holds first closing
Italian investor Star Capital SGR has held a first closing on more than €70m for Star III, a fund aiming to back Italian SMEs.
Alto Partners backs MBI of Virosac
Alto Partners has backed the management buy-in of environmentally-friendly household products company Virosac.
Sator and Palladio appeal rejected by courts
Italian private equity houses Palladio and Sator have had their appeal against the proposed merger of Unipol and Fondiaria-SAI rejected by the national courts.
Fondo Italiano backs Megadyne
Fondo Italiano di Investimento has invested €20m in Italian belts and pulleys manufacturer Gruppo Megadyne in exchange for a minority stake.
21 Centrale Partners creates outdoor accommodation group
21 Centrale Partners has created an outdoor accommodation group by merging its portfolio company Vacances Directes with newly acquired business Village Center.
Fondo Italiano backs Mape
Fondo Italiano di Investimento has completed its twenty-fifth investment with a €10m injection into Italian automotive parts manufacturer Mape.
Fondo Italiano provides capital to Hat Holding
Fondo Italiano di Investimento has committed capital to Italian investment company Hat Holding, allowing the firm to shift its focus from club deals to investments from a closed-end fund.
€1.7bn bid for Rottapharm stalls
The bid launched by Clessidra Capital Partners and Avista Capital Partners for Italian drugmaker Rottapharm has ground to a halt due to share governance issues and fundraising difficulties.
The State at play: Italian government jumpstarts flat market
The State at play