Italy
Private equity and football: A poor match
The recently reported interest by Italian private equity house Clessidra for Serie A heavyweight AS Roma will come as a surprise to many – especially those that question whether the private equity model is really suited to football club investments....
Valbart sale brings first exit for 21 Investimenti II
21 Investimenti, the Franco-Italian mid-market later stage investor, has sold Italian oil and gas engineering firm Valbart to listed US business Flowserve.
Clessidra et al. looking to buy AS Roma
Italian private equity firm Clessidra has placed a bid to acquire part of the AS Roma football club, according to media reports.
AXA Private Equity acquires Rollon Group
AXA Private Equity has taken a 51.8% stake in Italian linear motion manufacturer Rollon Group, for an undisclosed amount.
HgCapital acquires TeamSystem for €565m
HgCapital has bought Italian software company TeamSystem from Bain Capital, at an enterprise value of €565m.
Permira-backed Birds Eye Iglo acquires Findus Italy
Permira-backed Birds Eye Iglo has agreed to acquire the frozen food producer Findus Italy from Unilever.
Argos Soditic buys Termoindustriale
ArgosSoditic has acquired a 70% stake in Italian industrial engineering specialist Termoindustriale.
PE investors in race for Bain's TeamSystem SpA
Bain Capital's sale of Italian software company, TeamSystem SpA has attracted a number of private equity investors, according to media reports.
Ambienta invests €30m in Spig
Ambienta has invested €30m in Spig S.p.A., a producer of industrial cooling systems.
Montezemolo, Rothschild and Amadeus back Octo Telematics
Montezemolo & Partners has led an investment in MetaSystem Group spin out, Octo Telematics. Amadeus Capital Partners and Rothschild Growth Capital also invested in the round.
Southern Europe: Investing in family value
Investindustrial's Carlo Umberto Bonomi speaks to Francinia Protti-Alvarez about the private equity market in Spain and Italy. He says the market is extremely promising, despite having faced difficulties in recent years.
Scottish Widows adds Narcisa Sehovic to its PE team
Scottish Widows Investment Partnership (SWIP) has hired Narcisa Sehovic as private equity investment manager for the Benelux, Central and Eastern Europe and Italian regions.
Wise divests Mar-Ter; generates 2.8x returns
Italian mid-market investor Wise Sgr, has divested its stake in logistics operator Mar-Ter Spedizioni, to Italian public investment firm, Mid Industry Capital Spa.
Ambienta acquires 60% stake in Ecotek
Specialist environmental investor Ambienta has acquired a 60% stake in alternative fuel producer Ecotek. The balance is retained by the Ravelli family.
Pavoncelli departs Lazard to set up PE outfit
Riccardo Pavoncelli is to launch a private equity investment company for private wealth investors, following his departure from Lazard at the end of March, according to media reports.
Acton closes internet growth-equity fund at €150m
Acton Capital Partners has announced the final closure of its Heureka Growth Fund.
JP Morgan wins IFC's PE administration mandate
The International Finance Corporation's Assets Management Company (AMC) has appointed JP Morgan to provide private equity accounting and fund administration services.
Madison Dearborn soldiers on to close Fund VI
The Chicago-based buyout house takes well over two years to close latest fund at around 40% of its original target
Southern Europe unquote" May 2010
Figures from the recently published unquote” Private Equity Barometer, produced in collaboration with Candover, indicate that there was good news in the form of an increase in the aggregated value total, though the modest 2.6% rise from €10.3bn to...
Private equity to bid for Findus Italy
Market sources indicate BC Partners and PAI Partners are set to look at Unilever’s frozen food division, Findus Italy.
Q&A: Italian private equity renaissance?
From 2003 to 2008, Italian private equity activity grew continuously. However, since 2009 this has no longer been the case. Francinia Protti-Alvarez speaks to Raffaele de Courten, founding partner at AltoPartners, about the state of affairs and the trends...
Yacht investments - private equity is back in the regatta
Private equity backers sunk a lot of money into yacht builder deals during the peak of the buyout boom, taking control of the biggest brands in the industry within just a few years. In many cases, the outcome has been disastrous. Now, a private equity...
Portfolio management: Unlocking value potential
In a challenging exit market, private equity firms now need to focus more than ever on the operational value drivers of their portfolio companies. Market due diligence may hold the key. Mareen Goebel reports.
Montezemolo & Partners acquires 60% of Octo Telematics
Montezemolo & Partners PEH has acquired 60% of Octo Telematics from Meta System Group.