Where we invest
The Italian mid-market opportunity
Italy is the second largest manufacturing economy in Europe, with a diversified industrial base characterized by a large presence of small and medium-size enterprises.
Mid-market companies represent the bulk of the Italian corporate landscape and offer a number of attractive investment features:
Presence of several businesses which are leaders in their product niche and with growth potential, in Italy and abroad
Widespread presence of family-owned businesses which are involved in succession plans or need to introduce external management in order to deliver growth
Domestic focused sectors presenting high fragmentation or opportunity to benefit from penetration upside
Undercapitalisation and limited recourse to capital markets