- The recovery of recent years has left only the soundest companies standing, thus increasing the efficiency of the Italian economy. The Italian companies that have survived the crisis are efficient from the standpoint of operating leverage and ready to release value: development capital is the driver of this process.
- Private equity is a guarantee of selective professional management of equity investment and a form of support for the real economy.
- The Italian private equity market style offers ample room for growth compared to the European average.
- SMEs are the backbone of the Italian economy (Italy is the world leader in 24 market niches).
- The lifestyle segment is one of the few in which Italy is credible at the international level.
- Even during a period of crisis, Italy outperformed in the lifestyle segment: the FTSE index was higher than those of other countries.
- The five listed companies in this segment (Salvatore Ferragamo, Moncler, Brunello Cuccinelli, Italia Independent and Yoox) raised €1.5 billion on the market, with an overbooking of €21 billion.
- Companies with significant growth potential and solid fundamentals (sales growth and sound operating profitability).
- Sustainable, clear development plans, with the possibility of international development.
- Presence of key assets at the company (e.g., trademarks, patents and production capacity).
- Strong product brand identity and/or extensive product/process know-how.
- Growing business with clear competitive advantage or established businesses in well served market niches, where companies are among the main players.
- Majority and minority transactions.
- Expansion capital.
- Replacement capital (purchase of shares/units).
- Soft leveraged buy-out (with moderate leverage levels).