The Carlyle Group has acquired 100% of Golden Goose Deluxe Brand from a pool of investors led by Ergon Capital Partners.
Established in 2000 and headquartered in Venice, Italy, Golden Goose Deluxe Brand is a fast-growing high-end lifestyle fashion company, with a strong position in the luxury sneaker market globally. Thanks to its distinctive product design and appeal, in the last few years the Company has delivered a consistent track record of continuous high growth, generating more than €100 million revenues in 2016, with international markets accounting for almost 60% of such revenues.
Ardian has acquired approximately 60% of Dedalus Holding, owner of Dedalus, the highly regarded global clinical health software provider. The founder Giorgio Moretti has retained a 40% stake and will continue to lead the Company.
Over the years, thanks to a targeted acquisition strategy, which has resulted in 40 companies being acquired, and important investments in Research & Development, Dedalus has become an international company and an established leader in its field. Following the merger with NoemaLife, of which Dedalus recently acquired more than 83%, the company will become the leading player in clinical health software in Italy and one of the biggest in Europe, with a global reach across 25 countries. The Group expects to close 2016 with a turnover of approximately €170 million
The shareholders of Fidat have sold their interest in the Company.
Established in Turin in 1948, Fidat manufactures and distributes wires, fluxes and rods for welding, brazing and soldering.
BC Partners has acquired Cigierre – Compagnia Generale Ristorazione SpA – Italy’s leading restaurant chain, from the founder and CEO Marco Di Giusto, as well as from L Capital and Paladin Capital Partners.
Founded in 1995 in Udine, Italy, Cigierre operates more than 180 casual dining restaurants across Italy, both directly operated and in franchising. The Company offers food from a variety of international cuisines at affordable prices through different formats, including Old Wild West, Wiener Haus, Arabian Kebab, Kukkuma and Shi’S. The flagship format, Old Wild West, is a steakhouse concept renowned for its rich offer of hamburgers and Argentinian and Irish grilled meats. Cigierre has grown at an impressive pace over the past four years, opening 70 new restaurants and delivering revenue and EBITDA growth of c. 40% per year, with best-in-class unit economics. The Company is committed to a strong expansion strategy that envisages 25 new openings per year.
Tei Energy and Ala 97 sold Volta Renewables to Sonnedix Group.
Volta Renewables is the owner of two solar plants based in Tarquinia (Viterbo) and Minervino (Bari) with a total capacity of 3MWp.
Flos, the international Italian lighting brand, has acquired Ares, one of the leading Italian companies in the outdoor architectural lighting sector. This follows on from Italian private equity firm Investindustrial buying a majority stake in Flos in September 2014.
Established in 1994 in Bernareggio (Monza and Brianza) by Ambrogio Strano, Ares has been committed to reflecting the evolution of the outdoor lighting sector, offering lighting products manufactured with materials including aluminium, stainless steel and glass. It recognised early on the potential of LED light sources, with a view to offering fixtures featuring high efficiency, reduced energy consumption and a focus on environmental protection.
Oikia 3, a company owned by Rinaldo Invernizzi, has completed the acquisition of a 95% stake in Barovier&Toso from Officina dell’Arte (investment vehicle held by AVM Private Equity and DVRCAPITAL) and Vetrai28 (controlled by the Barovier family). After almost five years since its initial investment, Officina dell’Arte hands over 80% of the shares of the Company, while Vetrai28 and Mr. Iacopo Barovier remain invested, although with a reduced participation. Iacopo Barovier has been confirmed as President and Chief Executive Officer, hence safeguarding the Company’s historic traditions and ensuring management continuity.
Barovier&Toso, historic Murano glass manufacturer established in 1295, is one of the 10 oldest companies in the world. The Company manufactures lighting systems in artistic glasswork and is one of the most prestigious brands in its sector.
Ergon Capital Partners III has acquired the majority of Golden Goose Deluxe Brand from a group of financial investors comprising DGPA and Riello Investimenti, alongside the Company’s founders Alessandro Gallo and Francesca Rinaldo. The Company will continue to be managed by Mrs. Roberta Benaglia as CEO in cooperation with the two founders, who will remain key investors in the Company, as co-heads of the style and creative department. The transaction entails also a minority participation by Zignago Holding as co-investor alongside Ergon, the founders and management.
Established in 2000 with headquarters in Venice, Italy, Golden Goose Deluxe Brand is a fast-growing high-end lifestyle fashion company, with a strong position in the global luxury sneaker market. Since 2010, the Company has more than tripled its revenues reaching €48 million in 2014 and expects to exceed €70 million in sales in 2015.
Private Equity Partners, Permira’s Paolo Colonna and a group of private investors have acquired Gervasoni, an Italian furniture designer and manufacturer, from its family owners. The acquisition will see the creation of Milan-based holding company Italian Design Brands (IDB), which will be the platform for a buy-and-build strategy. Gervasoni’s owners, Giovanni and Michele Gervasoni, retain a minority stake in IDB as part of the deal and managerial responsibilities within the Holding Company.
Founded in 1882 and headquartered in Udine, Italy, Gervasoni designs and produces furniture for the residential and hospitality sectors. It operates under the Gervasoni, Very Wood and Letti&Co brands.
CON.NEXO’ Group is a market leading company in consulting, services, and solutions within the Information & Communication Technology (ICT) field.
Tengram Capital Partners has acquired the majority of Luciano Barbera from the founding family.
Luciano Barbera is a leading ultra-luxury apparel brand and world-renowned arbiter of classic Italian style. Products are sold through specialty stores and high-end department stores across the USA, Russia, Europe and elsewhere around the world. Mr. Luciano Barbera, the iconic founder once described as “the most elegant man in the world” continues to serve as the brand’s Chairman Emeritus today.
Established in 1992, Antico Forno a Legna produces fresh and frozen pizzas baked in a wood-fired oven. Products are sold globally with around 95% of revenues generated outside of Italy.
Pietro S.r.l. (formerly Boccassini Pietro S.r.l.) sold the business unit for the production of standard and special custom made taps, dies and thread milling cutters to Boccassini S.r.l. (formerly Blue Tide S.r.l).
CEG Facility provides facility management services such as energy management & optimization, maintenance, cleaning, gardening, etc.
L Capital Europe and L Capital Asia acquired a 30% stake in Vicini, owner of the Giuseppe Zanotti Design and Vicini brands.
The Company manufactures and distributes high-end fashion shoes globally through mono and multi-brand stores. Popular among celebrities and fashionistas, Giuseppe Zanotti Design has positioned itself as one of the top brands in the global luxury shoe market. Transcending its origins as a women-focused brand, the Company recently launched a men’s division specialising in both casual and formal shoes.
Hutton Collins Partners has invested €50 million in Dedalus through a subordinated loan and a minority equity interest. The deal with Hutton Collins will involve the purchase of stakes from outgoing equity investors, as well as financial support for an international expansion plan.
Established in 1990 in Florence, Dedalus is a global leader in the healthcare IT sector. The Company is active in 12 countries worldwide and has strengthened its position in recent years, creating an Italian healthcare ICT hub, bringing together over 30 companies in Italy and the rest of the world.
Headquartered in Milan, the Lamaro Group is a real estate property developer operating in all sectors from residential to hospitality, commercial and agricultural.
Established in 1992, Antico Forno a Legna produces fresh and frozen pizzas baked in a wood-fired oven. Products are sold globally with around 95% of revenues generated outside of Italy.
Synergo sold a majority stake in CastFutura to Star Capital.
Born out of the 2006 merger of Electronics Futura and Cast, and headquartered in Terno d’Isola (Bergamo, Italy), CastFutura produces components for the domestic gas cooker and heating sectors.
Founded in 1990 by Piero Foglio and Stefano Aleotti and headquartered in Reggio Emilia, Italy, Cellularline is the European market leader in the design, manufacturing and distribution of accessories for connectivity devices.
In 2013, L Capital (the private equity fund sponsored by the LVMH Group) acquired a controlling stake in the Company, alongside DVRCAPITAL and the founding families.
L Capital, the private equity fund sponsored by the LVMH Group, has acquired a controlling stake in Cellularline, alongside DVRCAPITAL and the founding families.
Founded in 1990 by Piero Foglio and Stefano Aleotti and headquartered in Reggio Emilia, Italy, Cellularline is the European market leader in the design, manufacturing and distribution of accessories for connectivity devices.
Dasit Group acquired a controlling stake in Carlo Erba Reagenti in the context of a bankruptcy procedure.
Carlo Erba Reagenti is a historical brand in the Italian chemical sector and a leading manufacturer of laboratory reagents in South Europe.
Founded in 1991, with offices in Milan and Rome, DS Group is an IT consulting firm that provides innovative solutions for business communication and collaboration. DS Group designs mobile application solutions to support different business functions, from sales force to technical assistance & maintenance, marketing and sales management.
Founded in 1933, Tintoria Zerbi specializes in the dyeing and finishing of knit fabrics.
The shareholders of Ghidini Lighting sold the business to Everlight.
Ghidini Lighting is a producer of outdoor lighting equipment used in urban, commercial and residential applications.
Berinox is one of the leading independent stainless steel fitting manufacturers in Europe, offering a large range of pressed and welded connection fittings.
Albatravel is the Italian leader and one of the major European players in the B2B online booking market (distributed only to travel agents). The Group’s core business is the hotel reservation segment with an offer of over 160,000 hotels in 185 countries.
Grande Migliore is a retail chain offering a wide range of household goods.
Ghidini Lighting has disposed of its real estate properties in China.
The Company produces outdoor lighting equipment used in urban, commercial and residential applications.
Alto Partners has acquired a majority stake in Virosac, alongside DVRCAPITAL acting as a minority co-investor. Together, Alto Partners and DVRCAPITAL hold an 80% stake in the Company.
Founded in 1973, Virosac produces innovative and environmentally friendly household products, in particular waste and food bags. Since the late 90s, the Company has obtained important certifications that attest the use of biodegradable and compostable materials. The products are designed to reduce the waste of raw materials, using recycled materials and minimizing secondary packaging, characteristics that allowed the Company to obtain the “Legambiente” brand from the association of environmental interest which is acknowledged by the Ministry of the Environment.
Italgrani USA operates durum wheat mills in North America. The company handles durum wheat, spring wheat, barley and other commodities. Its products and services include flour milling, and commodity storage and services.
Castaldi Lighting was founded in 2011 out of the merger between Ing. Castaldi Illuminazione and Norlight, two well-established companies in the lighting industry, positioned in the outdoor segment (Castaldi brand) and indoor segment (Norlight brand), with a particular focus on office buildings, retail, public areas and on specialty applications (e.g. pharma industry, hospitals, etc.).
DS Group contributed the Tabula Clinica business into Dedalus.
Tabula Clinica is a software used by hospitals and health care professionals for creating and archiving patient medical records electronically.
The Feltrinelli Group acquired a 49% stake in Antica Focacceria San Francesco in order to begin a partnership based on food quality.
Antica Focacceria San Francesco is a restaurnat chain specialized in Sicilian cuisine with locations in Milan, Rome, Palermo and Bergamo
Technomind sold Italsoft to CSP.
Italsoft is an Italian company operating in the ICT sector.
Established in 1966, the Manutan Group specializes in distance selling of non-strategic products for its clients.
RGM sold a majority stake in Heila Cranes.
Heila Cranes manufactures heavy-duty cranes designed and manufactured specifically for marine applications, both shipboard and offshore.
Ghidini Lighting produces outdoor lighting equipment used in urban, commercial and residential applications.
Mandarin Capital Partners, through its portfolio company Euticals, has acquired Archimica from TowerBrook Capital Partners.
Archimica manufactures Active Pharmaceutical Ingredients (“APIs”) and late stage intermediates for the pharmaceutical industry.
Opera has acquired a majority stake in Emu Group.
Emu designs and manufactures outdoor furniture. Some of the most famous international designers such as Arik Levy, Christophe Pillet, Paola Navone and Patricia Urquiola have worked with Emu on the creation of its collections.
Star Capital sold a majority stake in De Fonseca to Consilium.
Every year De Fonseca produces and sell worldwide around 13 million pieces of footwear created to offer comfort and practicality in every occasion, at home and outdoors.
Errenergia acquired a hydroelectric power station.
Errenergia produces power from small scale plants. Its activities include energy production from renewable sources, including hydroelectrical, photovoltaic, and combined heating.
A foreign private investor acquired ERC Highlight from the Court of Milan – Fallimento Rimero.
ERC is a leading product developer and manufacturer in the lighting control gear market and in the industrial transformers market. The product range includes magnetic chokes, electronic and magnetic ballasts for fluorescent lamps, emergency systems, ballasts and ignitors for HID lamps, power supplies for LED systems, and transformers for industrial automation.
Pantecnica is specialized in systems for the isolation and damping of vibrations, as well as in solutions for sealing fluids. The Company serves a wide range of industries including rail transport (tram, metro and trains), military, naval and aerospace.
DS Group sold the DS COM business unit to Reteco.
Founded in 1991, with offices in Milan and Rome, DS Group is an IT consulting firm that provides innovative solutions for business communication and collaboration. DS Group designs mobile application solutions to support different business functions, from sales force to technical assistance & maintenance, marketing and sales management.
Byte Software House, is a provider of payroll, personnel administration, time management and human resources products and services.
The Carrefour Group sold 61 Italian stores to Megagest.
Carrefour is a French multinational retailer and one of the largest hypermarket chains in the world with operations in more than 30 countries in Europe, the Americas, Asia and Africa.
Founded in 1942 in Milan, Schmid is a leading converter company in the footwear industry. The Company’s client portfolio includes brands such as Balenciaga, Chanel and Bottega Veneta.
Pantecnica is specialized in systems for the isolation and damping of vibrations, as well as in solutions for sealing fluids. The Company serves a wide range of industries including rail transport (tram, metro and trains), military, naval and aerospace.
AVM Private Equity and DVRCAPITAL, through an investment vehicle (Offina dell’Arte), have acquired 80% of the share capital of Barovier&Toso.
Barovier&Toso, historic Murano glass manufacturer established in 1295, is one of the 10 oldest companies in the world. The Company manufactures lighting systems in artistic glasswork and is one of the most prestigious brands in its sector.
Opera has acquired Minotti Cucine.
Founded in 1949, Minotti Cucine designs, manufactures and distributes globally high-end kitchens with a minimalistic design.
Founded in 1933, Tintoria Zerbi specializes in the dyeing and finishing of knit fabrics.
Berinox is one of the leading independent stainless steel fitting manufacturers in Europe, offering a large range of pressed and welded connection fittings.
AZ Gomma Ricambi produces rubber and plastic articles for the packaging, bottling, paper transformation and pharmaceutical industries. Product portfolio includes pick-heads, suckers, vibration-damping supports and joints seals.
Opera has acquired an 80% stake in GFM Industria (Ter et Bantine and Hache brands).
GFM Industrial is a designer and manufacturer of men and women apparel under its own brands (Ter et Bantine and Hache) and for third parties.
Based in Nashville, USA, Tuniverse is active in the selection of emerging artists and in the sale of songs, albums, videoclips and concerts through the www.tuniverse.tv website.
Cape Natixis has acquired a majority stake in Meccanica Veneta.
Established in 1977 in Rubano, Padova, Meccanica Veneta designs and produces special precision components used in various industrial applications.
Robuschi acquired 100% of Gieffe Systems.
Gieffe Systems manufactures liquid ring technologies for drying, degassing, evaporation and countless other vacuum applications worldwide. The company designs high-performance gas and fluid handling solutions for the chemicals, pharmaceuticals, food and beverage, general manufacturing, and life sciences and laboratories markets, among others
Teamsystem acquired a 70% stake in Nuovamacut.
Nuovamacut is a leading company in the field of technologies supporting business processes, from product design & development to production and data management. The Company is also Dassault SolidWorks’ main partner in Italy.