EIF and Italy’s Cdp commit 40 mln euros to Sofinnova-Telethon news biotech fund
EIF and Italy’s Cdp commit 40 mln euros to Sofinnova-Telethon news biotech fundAttualità
Graziano Seghezzi European Investment Fund and Italy’s Government investment veichle Cassa Depositi e Prestiti  committed 40 million euros to a new venture capital fund focus on Italian biotech startups lauched by Sofinnova Partners with Italian biomedical chairty Telethon as advisor. The 40 million euros will come from a 200 million euros platform, named ITATech, focused on technological transfer in medtech projects […]
F2i sgr to raise hard cap of its third fund to 3.6 billion euros
F2i sgr to raise hard cap of its third fund to 3.6 billion eurosAttualità
“We’ll call soon a general meeting in order to raise our Third fund’s hard cap to 3.6 billion euros from previous 3,3 billions. We will be ready to announced a final closing of our fundraising on that target next April”,  private infrastructure operator F2i sgr‘s ceo Renato Ravanelli told MF Milano Finanza. Mr. Ravanelli also […]
Italy’s private equity weekly roundup. News from Cigierre, Armonia sgr, Quaestio Capital, Imprima, a new Spac, Fenera and Finint
Italy’s private equity weekly roundup. News from Cigierre, Armonia sgr, Quaestio Capital, Imprima, a new Spac, Fenera and FinintAttualità
Also this week Italian private equity investors had a remarkable activity in terms of deals, the launch of new initiatives, and shopping therapy of portfolio companies. Buyout giant BCPartners is assessing an exit for Cigierre, the Italian group that owns restuarant chains Old Wild West, Cantina Mariachi, Arabian Kebab, Wiener Haus, Shi’s, Kukkuma Cafè, America […]
Imprima, textile printing specialist, shops in the US and buys City Prints and Premier Fabrics
Imprima, textile printing specialist, shops in the US and buys City Prints and Premier FabricsAttualità
Imprima spa,  the Italian parent company of an international group active in textile printing, announced yesterday the acquisition of the US companies City Prints and Premier Fabrics, active in the same textile printing sector (see here the press release). Imprima has been built one year ago by Italian private equity operator Wise sgr through its Wisequity IV Fund in order […]
Armonia sgr with Gsa mulls buying Babcock International’s Italian assets
Armonia sgr with Gsa mulls buying Babcock International’s Italian assetsAttualità
Gruppo Servizi Associati (Gsa), a company active in the firefighting services sector and controlled by  Armònia Italy fund, managed by Armònia sgr (see here a previous post by BeBeez), is mulling to buy Babcock International‘s Italian assets (former Avincis) consisting in helicopter rescue and firefighting service, Armonia sgr’s ceo Alessandro Grimaldi told  Reuters. Gsa reached 70 million euros in revenues in 2017, […]
High-speed Italo trains won’t list on the Italian Stock Exchange as Ntv’s shareholders accept a 2 bn euros offer by GIP
High-speed Italo trains won’t list on the Italian Stock Exchange as Ntv’s shareholders accept a 2 bn euros offer by GIPAttualità
Italo – Nuovo Trasporto Viaggiatori (Ntv)‘s shareholders decided yesterday to accept ast-hour offer received  by Global Infrastructure Partners III fund to buy 100% of the company  just days before listing at the Italian Stock Exchange (see here a previous post by BeBeez), Ntv said yesterday evening in a press release. GIP’s offer was delivered to Ntv’s Board of Directors on Monday […]
Diesel’s founder, Renzo Rosso, buys a stake on U-Booker, the web platform for models
Diesel’s founder, Renzo Rosso, buys a stake on U-Booker, the web platform for modelsAttualità
Italian casualwear and jeans maker Diesel‘s founder, Renzo Rosso, through its investment company Rosso Red Circle Investments, acquired a stake in U-Booker, a startup born one year ago which has been developing a web platform able to mach supply and demand of fashion models around the world,  Il Corriere della Sera wrote. Mr. Rosso joints as in U-Booker’s capital the […]