How we operate

FSI invests in the best Italian companies to:

SUPPORT GROWTH

PROMOTE INTERNATIONALIZATION

ENHANCE SECTOR CONSOLIDATION

STABILIZE SHAREHOLDING BASE AND MANAGE SUCCESSION PLANS

PROVIDE ACCESS TO CAPITAL MARKETS

Investment strategy

The FSI investment formula offers entrepreneurs and corporates the opportunity to achieve their growth potential and create value for their stakeholders

STRUCTURE

In partnership with entrepreneurs and institutions
Capital structure flexibility and moderate recourse to leverage

VALUE CREATION

Portfolio companies growth
Succession management and support
in transformational projects

TARGET

Leading Italian mid-market
corporates or companies
with the potential
to become leaders

APPROACH

Disciplined approach
Local presence
Focus on proprietary transactions

INVESTMENT HORIZON AND EXIT

Investment horizon consistent with company’s development and growth plans
Appropriate investment liquidation strategy

TARGET: MID-MARKET LEADERS WITH GROWTH POTENTIAL

FSI targets companies that are leaders, or have the potential to become leaders, with a defendable market position and unexploited development or transformational potential.

VALUE CREATION STRATEGY: GROWTH

FSI actively contributes to corporates expansion plans through organic growth, add-on acquisitions or sector consolidation, in order to benefit from larger scale and extract synergies.

INVESTMENT STRUCTURE: INVESTMENTS IN PARTNERSHIP WITH ENTREPRENEURS WITH LOW RECOURSE TO LEVERAGE

FSI is the partner of choice of Italian entrepreneurs with the ambition of pursuing expansion or transformational plans for their companies through the partnership with an investor.
FSI mainly pursues minority investments with active governance rights and a medium-long term horizon, collaborating with entrepreneurs in the achievement of the growth plans of the company. Majority investments are possible.
FSI makes a limited recourse to leverage and promotes capital structures providing the invested companies with the proper financial flexibility to pursue their development plans.

INVESTMENT APPROACH: DISCIPLINE AND FOCUS ON PROPRIETARY TRANSACTIONS

FSI has a disciplined approach. The management company mainly generates investment opportunities from a proprietary pipeline and tends to avoid the traditional auction market.

EXIT: PATIENT CAPITAL AND APPROPRIATE LIQUIDATION STRATEGY

FSI acts on a medium-long term period and carefully considers the investment liquidation strategies, based on the specific situation of the company and the financial markets. IPO is an envisaged liquidation event.