ALL PRIVATE EQUITY DEALS OF 2021 - JANUARY 2021 - BEBEEZ
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January 2021 All private equity deals of 2021 January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 1
After a slow first part of the year, M&A activity by private equity investors in Italy resumed at full speed in the second half of 2020, so much so that the number of deals for the whole 2019 was eventually surpassed by momentum. But the way of working has changed, with much more focus than before on working on one's own equity portfolio. BeBeez Private Data, the BeBeez private capital database, has calculated that 360 private equity deals were announced or closed last year. The number is surprising, given that in 2019 as a whole there were 317 deals and that 2020 had to discount the Covid-19 effect. But there is an explanation for the fact that the Covid effect seems to have been fully absorbed. To ensure that the M&A activity could continue, buyers and sellers got used to dealing in different ways, aware of the fact that in reality none of them can really imagine today what the results of the companies being acquired will be tomorrow, because the impact of the Covid crisis was and remains only estimable, but no one has any real elements of certainty. It is for this reason that more and more M&A agreements are concluded with a base price to which a further component, known as an earn-out, is added if the company achieves certain budget objectives in the following year, or by providing that the entrepreneur reinvests in the company, perhaps in the form of a vendor loan, preferably structured as a bond, which can be more easily negotiated than junior financing lines. Boom in add-ons. The number of deals mapped by BeBeez Private Data includes investments by private equity investors in the broadest sense, i.e. not just funds and their subsidiaries, but also investment holding companies and club deals by private investors. And it also includes 30 divestments to industrial entities, to entrepreneurs or on the market, in the case of companies that have subsequently been listed. January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 2
Unsurprisingly, the second half of the year was much more active than the first half, when only 132 deals were announced or closed, half of which were add-ons, i.e. acquisitions by companies already in the portfolio of private equity investors. This trend was also confirmed in the second half of the year, when, however, direct investments also resumed in a more important way, and so in total since the beginning of the year there have been 133 direct investments by private equity funds (they were 149 in 2019) against 125 add-ons on Italian companies (only 63 in 2019), in addition to another 13 add-ons conducted on foreign targets (against 15 in 2019) by Italian companies in which the funds hold stakes. Restructuring deals involving funds entering the capital of companies also increased, although the number is still limited compared to the number of deals in progress, which are much higher. In line with last year, the number of deals carried out by club deals, deals on energy production plants and divestments were also up. The number of business combination transactions with Spacs fell: only one during the year compared to 6 in 2019. The statistics already include some mega-deals that have been announced although not yet concluded. Such as the FiberCop broadband deal between TIM and KKR Infrastructure and the deals involving Cdp Equity and the various private equity funds that are shareholders in Nexi, Sia and Nets in the electronic payments sector, as well as the deal on Borsa Italiana, with Cdp Equity once again playing a leading role. Other billion-dollar deals have yet to be signed: Open Fiber, Lega Calcio Serie A and Autostrade per l'Italia. Overall, however, it is clear that, after a first part of the year dampened by the effects of the first lockdown, M&A activity has resumed at full speed. Not that doubts about the prospects of the various businesses have really dissipated, in light of the stop- and-go of production and the possibility of consumption. What has changed is the attitude of investors and entrepreneurs. On the one hand, people have become accustomed to the new scenario and are more willing to accept longer payback periods and higher risks, and on the other hand, they are more willing to accept prices that are less rich and linked to the actual results that companies will bring home in the future. January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 3
Private equity transactions in Italy in 2020 Notes: Figures in mln euros; * = revenue 2019; ** = turnover; Direct investments by investment funds and holding companies *** = revenue 2020 Revenue % Who sold Article by Company Sector Date EV Investors s 2018 capital or diluted BeBeez Acetaia Fondo Food 0,9 22/01/2020 8,00% Montebello 3,1 Piccolo-Cantile family BemyCompany Capital BeBeez Maurizio and Ottaviano Allegrini 30/10/2020 Maj-Gen nd Metrika sgr Chemistry 25,9 Allegrini BeBeez Media and Alpha Test nd White Bridge Investments Entertainment 15,3 31/07/2020 Maj-Gen Aksìa Capital BeBeez Arag Metalworker 19,5 12/11/2020 Maj-Gen nd Montorsi family Capvis BeBeez Gradiente II and La Finanziaria Arcansas 07/09/2020 60,00% nd Scriattol family Manufacturing 21,7 Trentina BeBeez Ardea srl Energy & Utilities 2,1 31/01/2020 49,00% nd Aegean Icon Infrastructure BeBeez Arrigoni Manufacturing 29,5 03/08/2020 70,00% nd Paolo and Luisa Arrigoni, Armonia sgr BeBeez Enrico Donati, Francesca nd Progressio Investments III Assist Digital Software & ICT 100* 29/11/2020 30,00% Gabrielli, Franco Fradian BeBeez Atena srl Agriculture nd 17/03/2020 100,00% nd nd Buccelletti, Idea Agro fund BeBeez GWM Renewable Energy Athena Investments II, SDP RAIF,Copenhagen Fidim (Rovati family) (ex GrennTech) Energy & Utilities nd 14/12/2020 100,00% 50 Stock Exchange BeBeez Aussafer Due Metalmechanics 30* 14/12/2020 nd nd Claudio and Luisa Citoussi 21 Invest BeBeez B&C srl Retail 0,8 20/05/2020 min. nd Net4Capital (Barberino's) R204 Partners BeBeez Alcedo sgr (70%), Riccardo and Bertoncello Food 18 02/07/2020 100,00% nd Bertoncello family Francesco Bertoncello (22%), Stefano Stanghellin (8%) BeBeez Bioman Other services 45* 07/12/2020 min. nd Angelo Mandato Friulia BeBeez Pharmaceutical Roberto Del Maso, Cecilia NB Aurora and club deal BluVet and medical nd 31/12/2020 Maj-Gen nd Accampi, Guido Massera organised by F&P4BIZ BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 4
Revenue % Who sold Article by Company Sector Date EV Investors s 2018 capital or diluted BeBeez Internet and e- Callmewine 04/12/2020 60,00% nd Paolo Zanetti Italmobiliare commerce 6,4* BeBeez Campobasso calcio Halley Holding, Nicola (SSD Città di Media & nd Circelli, Associazione Noi North Six Group Campobasso) entertainment nd 31/12/2020 nd siamo il Campobasso BeBeez Fashion, Luxury & Luigi Servidati and Fabio Cantiere del Pardo 04/12/2020 60,00% nd Wise Equity Design 41,1* Planamente BeBeez Pharmaceutical Casa della Salute nd 92,50% Marco Fertonani Italmobiliare and medical 16/11/2020 nd BeBeez Internet and e- Casa.it 18/09/2020 100,00% nd Oakley Capital EQT commerce 25,3* BeBeez Itas holding, Lo.ga-fin, nd management and Isa Castello sgr Financial services 13,5 17/06/2020 82,00% reinvest Oaktree BeBeez CCC Holdins club deal of private 16/09/2020 min. nd Italian Energy Efficiency Fund II Europe Financial services nd investors BeBeez 20th Century Fox, Sony Antares Private Equity, Antonio Pictures Entertainment, Belloni, Argenta Holding Viacom Paramount, Media & (Francesco Trapani), Chiarva Chili spa 28,5 21/01/2020 min. nd Warner Bros entertainment family, Passera family, Ferruccio Entertainment, Giorgio Ferrara, Negentropy sicav, Torino Tacchia, Stefano Parisi, 1895 Investimenti spa manager BeBeez Clas Food 40* 16/12/2020 80,00% nd Renato Bersano Equinox and Alessandro Bettini BeBeez CMC Machinery Metalworker 61* 19/11/2020 70,00% nd Ponti family KKR Global Impact fund BeBeez Archeide Discounted COEFI (ora Receveibles Opportunities Clessidra sgr Clessidra factoring) 25/11/2020 100,00% nd Financial services 59** Fund sarl and Intermedia BeBeez Fashion, luxury Colnago spa 21,3 06/05/2020 Maj-Gen nd Chimera Finance and design Ernesto Colnago BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 5
Revenue % Who sold Article by Company Sector Date EV Investors s 2018 capital or diluted BeBeez Compagnia Shipping, transport Ferroviaria Italiana 46,4 22/04/2020 92,50% nd Ania F2i fund and logistics spa Giacomo Di Patrizi BeBeez Fashion, Luxury & Axelia, Stefano Coppe and Angelo Contract 14/07/2020 88,00% nd Réponse Design 18 Marchetto BeBeez Telecommunicatio Convergenze nd Redfish Longterm Capital ns 13,7 28/07/2020 12,50% Sage Management BeBeez Cremonesi srl Energy & Utilities 1,5 28/04/2020 100,00% 10 Cremonesi family Italian Energy Efficiency Fund BeBeez Centurion global fund Cristallina 33 20/07/2020 16,32% nd sicav (part of club deal Banca Ifis Food Orienta Partners) BeBeez 15% (sle Health Holding Company Dedalus Holding 164,2 06/05/2020 nd Ardian LBO Fund IV Software and ICT to 75%) (Giorgio Moretti) BeBeez Vittorio, Francesco and Della Toffola 02/09/2020 73,50% nd Investindustrial Metalmechanics 59* Luciano Della Toffola BeBeez Pharmaceutical LBO France, Banca Ifis and the Demas srl 117,1 21/05/2020 Maj-Gen nd and medical Foglietti family Giovanni Ambrosetti Group BeBeez Demenego Retail 20,7 23/09/2020 80,00% nd Demenego family Vam Investments BeBeez Vincenzo Fiengo and DGS 14/09/2020 Maj-Gen nd HIG Europe Software and ICT 75,7* Salvatore Frosina BeBeez Divisione Oil&Marine Manuli nd Manuli Hydraulics Ibla Industries II Hydraulics 21/09/2020 100,00% BeBeez DMO Pet Care srl Celeghin family and Peninsula Capital and Demos 1 nd (Isola dei Tesori) Retail 135,3* 15/12/2020 75,00% managers (Azimut Libera Impresa sgr) BeBeez William Maggio and Valerio DoveVivo Internet and e- 11/09/2020 min. nd capital increase Fonseca, Tikehau Capital, ISA, commerce 28,5* Seac Fin and other investors BeBeez Energy and EasyCharge nd 21/07/2020 30,00% nd Rachele Maria Lorusso Brian and Partners utilities BeBeez Pharmaceutical eFarma Group srl 5,2 27/01/2020 Finbeauty and medical min. 20 Francesco Zaccariello BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 6
Revenue % Who sold Article by Company Sector Date EV Investors s 2018 capital or diluted BeBeez Xrip mechanics, Crip Energica Motor Technnology, Maison Automotive 2,3 21/04/2020 1,50% nd Negma Group Company spa ER&CIE, Aim market Italy BeBeez Engineering Apax Partners (exits) and Ingegneria Software and ICT 1138,1 06/02/2020 Maj-Gen NB Renaissance Bain Capital, NB Renaissance and Informatica spa 1550 (reinvests) Paolo Pandozy BeBeez Engineering Ingegneria Software and ICT 1138,1 06/02/2020 2,80% Apax Partners NB Aurora Informatica spa 1550 BeBeez EPI Other services 25* 29/11/2020 Maj-Gen nd Lorenzo Forte Quadrivio Indusrtry 4.0 fund BeBeez ETC 30/08/2020 64,50% nd Atlantia Align Capital Partners BeBeez Eurogroup Electronics 404* 07/07/2020 30,00% nd Iori family Tikehau Capital BeBeez Dodero and Donelli Cronos Capital Partners and Everton Food 04/12/2020 60,00% 25,7* nd families private investors BeBeez Expert System srl Software and ICT 28,7 05/05/2020 2,70% 123,9 Aim Italy market Indaco Ventures and Invesco BeBeez Wrm, Oak Tree Ltd. and Fiber 4.0 29/10/2020 100,00% 49,7 Asterion Industrial Infra Fund I Financial services nd Pilot BeBeez Telecommunicatio FiberCop 30/08/2020 37,50% TIM KKR Infrastructure ns nd nd BeBeez Fimotec Tlc 33* 14/07/2020 Maj-Gen nd IGI Private Equity Wise Equity BeBeez Massimiliano Merlo, Giuseppe Frasca and First Advisory srl Financial services 14,8 01/04/2020 Riello Investment Partners sgr Lorenzo Fanti and clubb 51,00% nd deal Ninja2 BeBeez Anna Facchino, FlavourArt srl 8,1 21/01/2020 25,00% Capex Chemistry nd Massimiliano Mancini BeBeez Vam Investments, Italmobiliare, Fondo Italiano (65%), Giuntini, Florence Group 10/11/2020 100,00% newco Fashion, Luxury & Capezzuoli, Maltinti families Design nd (35%) BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 7
Revenue % Who sold Article by Company Sector Date EV Investors s 2018 capital or diluted BeBeez Industrial products Luigi Vaccaro and Rita Friulair Alcedo sgr and services 37,6* 15/12/2020 80,00% nd Micheli BeBeez Media & Gamenet spa 646 Apollo Global Mgmt (rises to xx) entertainment 14/02/2020 29,60% 784 MTA market BeBeez Services to Gamma Ufficio Star Capital companies 8,9* 27/07/2020 100,00% nd Massimo Elampini BeBeez Garnell sgr Financial services nd 18/09/2020 100,00% nd La Scala family Quinta Capital BeBeez Fashion, Luxury & Giuliano and Giordano GCDS 13/11/2020 Maj-Gen nd Quadrivio Made in Italy Design 15,9* Calza BeBeez Cheyne European Strategic Value General Smontaggi Construction 23,6* 29/09/2020 min. nd - Fund BeBeez Idea Agro and club deal organised GIAS Food 46* 11/12/2020 51,00% nd Tenuta family by Cleon Capital BeBeez Giochi Preziosi spa Manufacturing 547* 07/02/2020 2,00% 686 Enrico Preziosi Centurion Global Sicav BeBeez Fashion, luxury, Carlyle and manager Golden Goose 185 Permira design 17/06/2020 Maj-Gen 1280 (reinvested for minority) BeBeez Grafiche Favillini Manufacturing 12,7 17/02/2020 Arcadia sgr srl 60,00% nd Favillini family BeBeez Gruppo Millbo- Food Alessandro Boggiani Ergon Capital Bionaturals 20,9* 17/12/2020 Maj-Gen 100 BeBeez Pippo Montella and Franco Gruppo Sebeto spa Retail 61 30/03/2020 20,00% nd Manna OpCapital (rises to 100%) BeBeez Hippocrates Davide Tavaniello and Retail Antin Infrastructure Partners Holding 200* 17/11/2020 80,00% 600 Rodolfo Guarino BeBeez Pharmaceutical Alessandro and Stefano IAFSTORE 25,1* 21/07/2020 nd nd L-Catterton and medical Coradi BeBeez illycaffé Food 520,2* 23/11/2020 20,00% 1000 Illy Caffè Group Rhone Capital BeBeez Industrie De Nora Chemistry 500* 20/11/2020 33,00% 1200 Blackstone Snam BeBeez Ingino spa Food 34,1 12/05/2020 min. 16,9 Ingino family Idea Agro BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 8
Revenue % Who sold Article by Company Sector Date EV Investors s 2018 capital or diluted BeBeez Dario Ferrari (DAFE Intercos GIC Chemistry 713* 08/12/2020 9%% 1500 Holding) BeBeez Ardian Infrastructure, Canson Inwit tlc 395 25/06/2020 14,80% 12250 Tim Capital Partners, Azimut PE 1 BeBeez Irplast spa Plastics 118,8 20/03/2020 100,00% 100 manager Cheyne Capital BeBeez Istituto Alberghiero Archiepiscopal Curia of Other services 1,8 08/06/2020 min. Talent Fund (AVM Gestioni) De Filippi srl nd Milan BeBeez ITH spa (holding di Tamburi Inv. Partners (5.64%), Sesa) Software and ICT 1540 11/06/2020 6,60% nd HSE (founders) Marco and Leonardo Bassilichi BeBeez Jakal (Vesta Sauro Gabbrielli Bravo Capital Corporation) Chemistry 16,6* 18/12/2020 70,00% nd BeBeez Guido Brera, Rocco Bove, Kairos Partners sgr 19/10/2020 30,00% Julius Baer Financial services nd nd Massimo Trabattoni BeBeez La Sanfermese Food 46,4* 20/10/2020 Maj-Gen nd Pelladone family Orange Capital Development BeBeez Shipping, transport MarterNeri 23/11/2020 100,00% 70 Palladio Holding F2i and logistics 52,2* BeBeez Massimo Zanetti 27/11/2020 27,55% Market MZB Holding Beverage Food 914,5* nd BeBeez Fondo Italiano Consolidamento e MaticMind Carmine Saladino Software & ICT 300* 03/08/2020 min. nd Crescita BeBeez MaticMind Software & ICT 300* 15/10/2020 min. nd Carmine Saladino, FITEC RedFish LongTerm Capital BeBeez MBE Worldwide up to Retail 918* Oaktree (Mailboxes) 20/02/2020 40% 300 Fiorelli family BeBeez Michele Nerucci, Gianni Mengoni&Nassini Fashion, Luxury & Mengoni and Bravo Capital (M&N Holding) Design 17,9* 17/12/2020 100,00% nd Massimiliano Andrean BeBeez Mercure Holding (Nuova Argo Shipping and Yarpa Finanziaria) logistics nd 31/07/2020 min. nd Ardian Infrastructure BeBeez Embassy Freight (Savino Merida Italia 26/11/2020 45,50% Bemycompany Capital Partners Manufacturing 8,5* nd Del Bene group) BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 9
Revenue % Who sold Article by Company Sector Date EV Investors s 2018 capital or diluted BeBeez Claudio Gabellini and Namirial spa 46,6 10/04/2020 70,00% Software & ICT 150 Enrico Giacomelli Ambienta BeBeez Nappi 1911 Food 38,5 17/11/2020 Maj-Gen nd Nappi family Aksìa Capital V BeBeez Shipping, transport Nexive Services srl 17 26/02/2020 80,00% and logistics nd PosteNL Mutares BeBeez Nuova Fapam Chemistry 18,5* 22/10/2020 100,00% nd Parnazzini family Mandarin Capital III BeBeez Officina Alto Partners sgr and the Farmaceutica Investindustrial (Procemsa) Donati family Italiana Chemistry 18,5* 17/12/2020 100,00% nd BeBeez Officina Profumo Farmaceutica di Diana Stefani, Eugenio 26,6 08/01/2020 20,00% Santa Maria Alphandery Novella spa Chemistry 190 Italmobiliare BeBeez Officina Profumo Farmaceutica di Diana Stefani, Eugenio 26,6 08/09/2020 60,00% Santa Maria Alphandery Novella spa Chemistry 190 Italmobiliare (rises to 80%) BeBeez Pharmaceutical Ospedale Koelliker 45,8* 07/12/2020 min. Missionari della Consolata and medical nd Ersel Investments BeBeez Pasticceria Bindi Food 107,4 29/01/2020 100,00% spa nd Bindi family BC Partners BeBeez Permasteelisa spa Manufacturing 1104,7 04/05/2020 100,00% nd Lixil Group Corp Atlas Holdings BeBeez Pieralisi Maip Metalmechanics 73 22/06/2020 51,00% nd Pieralisi family Idea CCR II BeBeez PM Plastic 24/08/2020 Maj-Gen Moscheni family German participation Materials Manufacturing 96,8 nd BeBeez Filippo Bradaschia, Omar PrimaLuce CGN Services Electronics 1,7* 21/12/2020 20,00% nd Cauz, Paolo Cattapan BeBeez Profiltubi Metalmechanics 99,2* 21/07/2020 Maj-Gen nd Alfieri family Auctus Capital Partners BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 10
Revenue % Who sold Article by Company Sector Date EV Investors s 2018 capital or diluted BeBeez CMB, Gemmo, Coopservice, Cirfood, BPER, Servizi Italia and Vauban Infrastructure Partners Consorzio Cooperative Progeni Other services 46,8* 27/11/2020 75,00% nd Costruzioni BeBeez Project Informatica Software and IT 130* 09/07/2020 Majority nd Alberto Ghisleni Hig Europe BeBeez Fashion, Luxury & Rosantica 18/09/2020 60,00% Michela Panero Quadrivio Made in Italy Fund Design 1* nd BeBeez Roscio Food 29,1* 12/11/2020 80,00% 50 Roscio family Taste of Italy 2 BeBeez Saie Other services 6,2* 27/11/2020 min. nd Ballerini family Medit Partners BeBeez Self Group Metalmechanics 4,5* 25/06/2020 min. nd concordato Friulia BeBeez Gianfranco Padovani, Demos 1 (Azimut Libera Impresa Sicer 70,2* 65,00% Giuliano Ferrari, B.Group sgr) Chemistry 17/11/2020 nd (exits from the capital) BeBeez Sicura spa Other services 42* 12/02/2020 89,50% 54,5 Rekeep and manager Args Wityu BeBeez Sicurezza e Vam Investments and Adon 16/10/2020 100,00% Angelo Cacciotti Ambiente Other services 17,6* nd Capital BeBeez Entangled Capital and Capital SM Pack 25/09/2020 100,00% Mezzadri family Manufacturing 16,5* nd Dynamics BeBeez Società Gasdotti Macquarie Infrastructure Ontario Teachers' Pension Plan Italia Oil&Gas 77,4* 31/12/2020 69,41% 750 and Real Assets (MIRA) Board BeBeez Sofima Metalmechanics 1595,5* 12/11/2020 19,07% nd Vacchi family BC Partners BeBeez Energy and New Sorgenia Holding F2i and Asterion Industrial Infra Sorgenia 07/10/2020 100,00% utilities 1700* nd (banks) Fund I BeBeez Surfaces Technological 07/08/2020 Astorg TA Associates Abrasives Chemistry 97,8* Majority nd BeBeez Synergo Capital sgr Financial services 1,7* 19/10/2020 20,00% nd Italian Mezzanine srl Sinergia Holding (rises to 100%) BeBeez Team 1994 srl Dario Oreglia Euler Capital (Area srl) Financial services 12,12* 30/11/2020 nd nd BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 11
Revenue % Who sold Article by Company Sector Date EV Investors s 2018 capital or diluted BeBeez Techedge Software & ICT 206,3* 07/11/2020 3,14% 138 market Titan BidCo (One Equity Partners) BeBeez Telepass Other services 228* 19/10/2020 49,00% 1,056 Atlantia Partners Group BeBeez Fashion, Luxury & Veneto Sviluppo and Paikos Terre di Venezia 07/08/2020 min. Bisol family Design 2,1* nd (Pagnan family) BeBeez TowerTel Tlc 47,4* 31/12/2020 100,00% 500 EiTowers Phoenix Tower International, F2i BeBeez min. Unifrutti 03/11/2020 (preferre De Nadai family Carlyle Agriculture 700 d equity) nd BeBeez US Wind (Toto 02/09/2020 nd Renexia (Toto Holdings) Apollo Global Management Holdings) Energy & Utilities nd 265 BeBeez Valpizza Food 19,9* 30/07/2020 Maj-Gen nd Vanes Biagi Aksìa Capital V, Marco Setti BeBeez Latour Industriers (Investment AB Vega 19/11/2020 10,00% nd Paolo Vitturini Electronics 20* Latour) BeBeez Pharmaceutical Mario Salmeri and Stefano Credem Elite, Credem Venture Vista Vision and medical 15,9* 18/12/2020 30,00% 20,5 Zanchi Capital lI BeBeez Vittoria Manufacturing 60* 14/07/2020 Maj-Gen nd Rudie Campagne Wise Equity BeBeez Pharmaceutical Giordano Dell'Amore Social VivaVoce 22/10/2020 and medical nd nd Venture Foundation BeBeez Vomm Metalmechanics 24* 30/08/2020 65,00% nd Vezzali family Aksìa Capital V BeBeez Internet and Web al Chilo Gianluca Gatti Innovative-RFK ecommerce 1,1* 15/12/2020 20,00% nd BeBeez Willier Triestina Metalmechanics 45,1* 07/08/2020 min. nd Gastaldello family Pamoja Capital BeBeez Total direct investments 133 January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 12
Add-on on Italian companies Article Revenues Who sold Company Sector Date % capital EV Investors by 2018 or diluted BeBeez Waterland Private Equity EffeEffe Pet Food Food 43,8 09/01/2020 100,00% nd Ferrari family (United Petfood) BeBeez Edoardo Loewenthal, private Financial Tikehau Capital (Assiteca), 6sicuro investors, Principia II (Principia services rises to 100% 2,6* 18/02/2020 78,80% 11,7 sgr) BeBeez Aalberts Surface Aalberts Surface Treatment Gradient sgr (Argos Surface Metalworker 17/06/2020 BeBeez Treatment Italy srl 8* 100,00% nd GmbH Technologies) Mandarin Capital Partners Abc Morini srl Manufacturing 9,5 21/05/2020 Maj-Gen Morini family (reinvests) BeBeez nd (Margot) Accademia Italiana Cathay Capital and BFI Other services Arte Moda e Design 4,8 29/06/2020 100,00% nd Vincenzo Giubba France (AD Education) BeBeez Advanced Medical Pharmaceutical Van Herk Ventures (Medis Imaging Giovanni Tonti and Gianni and medical Medical Imaging Systems) Development 1,4* 12/05/2020 100,00% nd Pedrizzetti BeBeez Aeronautics and Penta Capital and other Aero Sekur nd Maj-Gen Richard Mark Butler defence 08/07/2020 nd investors BeBeez Aksìa Capital (House of Alba Tramezzini 23/12/2020 70,00% Cosimo and Claudio Albano Food 6,4* nd Piada) BeBeez Fashion, luxury Fabio Maggini and Barbara Industrial Holding Company Albachiara 2,3* 100,00% and design 13/10/2020 nd Burzi (Holding Moda) BeBeez Fashion, luxury Mandarin Capital and Marco Alce 16/12/2020 100,00% Bruno Pompei, Mirella Dal Rio and design 18,6* nd Vecellio (Margot) BeBeez Aeronautics and Penta Capital and other Arescosmo 5,4* Maj-Gen Richard Mark Butler defence 08/07/2020 nd investors BeBeez partner-managers (reinvest in Gradient sgr (Argos Surface Argos spa Metalworker 17/06/2020 BeBeez 8* 100,00% nd holding company) Technologies) Asset Sirap Italia, Advent International (Faerch Plastics nd 100,00% Polonia e Spagna 09/11/2020 nd Sirap (Italmobiliare) Group) BeBeez Autotrasporti Shipping and Giovanni Gigliotti and Alberto 31/12/2020 100,00% ArchiMed (Bomi Italy) Gigliotti-Bergamin logistics 2,67* nd Bergamin BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 13
Article Revenues Who sold Company Sector Date % capital EV Investors by 2018 or diluted BeBeez Financial Cdp Equity, Intesa Sanpaolo, Borsa Italiana 179 100,00% services 09/10/2020 4,325 London Stock Exchange market (Euronext) BeBeez Quadrivio Made in Italy Bosco Nestore 1,8* Majority Food 23/10/2020 nd Bosco family (Prosit) BeBeez Fashion, luxury Giovanni Mancini, Alessandro Consilium sgr (Manifatture Broma 23/12/2020 100,00% and design 24* nd Brotini and Daniele Mancini Italiane Group) BeBeez Lottomatica Holding Lottomatica Apollo Management Media & 08/12/2020 100,00% (International Game Scommesse (Gamenet) Entertainment 191* nd Technology) BeBeez Lottomatica Holding Apollo Management Lottomatica Videolot Media & 08/12/2020 100,00% 1100 (International Game (Gamenet) Entertainment 545,9 Technology) BeBeez Services to Stirling Square (Itelyum Carbonafta Ecologia companies 3,8 04/03/2020 80,00% nd Buini family Purification) BeBeez Cedir Construction 15* 29/11/2020 100,00% nd Stefano and Alessandra Andalò Mandarin Capital (Italcer) BeBeez Impresa San Siro (Augens Cellini Other services 0,5* 22/05/2020 100,00% nd Cacciola-Martelli family Capital) BeBeez Centro Diagnostico Pharmaceutical Partners Group and PSP Solbiatese and medical 1,9 03/03/2020 100,00% nd Private investors (Cerba Healthcare) BeBeez Cerere Produzione Food 12,5* 03/11/2020 100,00% nd Schiappapietra family Nctx (Agras Pet Food) BeBeez Vam Investments, Fashion, luxury Ciemmeci Fashion 17,4* 100,00% Capezzuoli, Ciampolini and Italmobiliare, Fondo Italiano and design 10/11/2020 nd Maltinti families (Florence Group) BeBeez Cometam Gas Energy nd 07/05/2020 100,00% nd Bonatti spa F2i (2i Rete Gas) BeBeez Comprital Food 21,7* 06/11/2020 100,00% nd Gianni Osti Investindustrial (Italcanditi) BeBeez Concordia Other services 5,4* 26/10/2020 100,00% nd Eurolegno (Lorandi Group) Augens Capital, BMO(HOFI) BeBeez Condotte Investimenti Construction nd 20,00% Pipelines (in extraord. adm.) Infracapital (rises to 100%) Infrastrutturali srl (C2i) 30/10/2020 nd BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 14
Article Revenues Who sold Company Sector Date % capital EV Investors by 2018 or diluted BeBeez Costruzione Emiliana Alto Partners (Spare Partners) Ingranaggi Automotive 60,4 11/05/2020 Majority nd Boni family BeBeez Mandarin Capital Partners Daroma 26,7 14/01/2020 100,00% Food nd Giulio Santin (reinvests) (Coffee Holding) BeBeez Centro Procreazione Pharmaceutical Elisabetta Chelo, Marco Investindustrial VII 31/10/2020 100,00% Assistita Demetra and medical 5,5* nd Miglietta, other investors (GeneraLife) BeBeez Pharmaceutical 10% (rising Demetra Holding Keensight Capital and medical 70* 06/07/2020 to 30%) 600 Faccioli family BeBeez Financial Advent, Bain Capital, Clessidra BFF Banking Group DEPOBank 112,9 services 14/05/2020 91,00% nd (reinvest min. in BFF) (Centerbridge) BeBeez Assietta Private Equity, Paolo Di-Va 11* 100,00% Colonna, ISA (Naturalia Chemistry 24/09/2020 nd Massimo Gattini Tantum) BeBeez Pharmaceutical Trilantic Europe (Doppel Dietopack 10 26/06/2020 90,00% and medical nd Cavazzuti family Pharmaceuticals) BeBeez Divisione Acoutics di 100,00% FSI (Adler Pelzer Group) STS Group 03/11/2020 nd ? BeBeez Ethica Global Investments DM Tecnik Manufacturing 3,2* 75,00% 27/10/2020 nd Roberto Lazarus (TechVision) BeBeez CCC Europe Holdings (Roen Enex Metalworker 8,7 18/02/2020 100,00% nd Sergio Girotto East) BeBeez SK Capital (Ascend Esseti Plast Plastics 6,2 17/02/2020 100,00% nd Giancarlo D'Ottavio Performance Materials) BeBeez Pharmaceutical Marinopoulos Group York Capital, Elements 17,9 30/03/2020 100,00% Famar Italia spa and medical nd (Pillarstone Greece) Capital (Mpilo) BeBeez Pharmaceutical Francesco Palladini and Farcoderma 10,4* 100,00% Armonia sgr, Fidim (BioDue) and medical 05/08/2020 nd Roberto Nisica BeBeez Fdl Servizi Software & ICT 1,3 27/02/2020 Majority nd Fausto Romelli Bain Capital (Engineering) BeBeez Filinvest srl Mandarin Capital Partners 5,2 21/02/2020 (Yespresso) Food 30,00% nd Filippo Di Carlo (Coffee Holding) BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 15
Article Revenues Who sold Company Sector Date % capital EV Investors by 2018 or diluted BeBeez Fashion, luxury Lapo Grassellini, Roberto Club deal (Italian Design Flexalighting srl 4,6 18/02/2020 majority and design nd Mantovani, Simone Francalanci Brands and Paolo Pagani) BeBeez Fondo Italiano d'Investimento Fonderia Scaranello 100,00% Metalworker 8,5 28/04/2020 nd Scaranello family sgr (Fonderia Montorso) BeBeez Futura Robotica Metalworker 8,2 09/06/2020 Maj-Gen nd Fulvio Granelli, other investors Progressio sgr (Gampack) BeBeez Triton Capital (Bormioli GCL Pharma Manufacturing 9 19/03/2020 100,00% 10 Guala Closures Pharma) BeBeez Shipping and Ania-F2i Fund and Terzo Geasar 52,7* 80,00% logistics 26/10/2020 nd Alisarda Fondo F2i (F2i Airports2) BeBeez Pharmaceutical Investindustrial VII Genera 30/07/2020 100,00% Filippo Maria Ubaldi and medical 9,6 nd (GeneraLife) BeBeez Pharmaceutical CVC Capital Partners (DFE Genetic and medical 42 20/07/2020 Maj-Gen 125 Pavese family Pharma) BeBeez Vam Investments, Fashion, luxury Giuntini 76,1 100,00% Italmobiliare, Fondo Italiano and design 10/11/2020 nd Giuntini family (Florence Group) BeBeez Triton Capital (All4Labels GPS Label - Rotomet Manufacturing 19,6* 100,00% 07/08/2020 nd Grotto family, Andrea Cerisara Global Packaging Group) BeBeez Fashion, luxury Paolo Grosso, Matteo Iualé, Grosso 17/12/2020 100,00% Lion Capital (Menghi) and design 5,8* nd Marco Maurizi BeBeez Daniele Gorini,Giovanna Gruppo Caravelli Pharmaceutical 2* 80,00% Cenni,Silvia Naldi,Vanessa Investindustrial (Lifebrain) and medical 23/09/2020 nd Cerisano BeBeez Cristian Taormina,Elena and Giacomo Milano Fidim (Tearose) Retail 1,7 03/08/2020 min. nd Giulia Monti BeBeez Westport Capital (Newcold Gruppo Pacaro 31/12/2020 100,00% Alessio family Shipping 3,1* nd Coöperatief) BeBeez 5% (option Hellman&Friedman Habblle Software & ICT 1,8 11/06/2020 for 55%) nd Gellify (Teamsystem) BeBeez Finlibera Dario Vittorio Mortini, Tikehau Capital (DoveVivo) (Milanostanze) Real estate 3,9 04/06/2020 100,00% nd Pierpaolo Zampini BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 16
Article Revenues Who sold Company Sector Date % capital EV Investors by 2018 or diluted BeBeez Fondo Italiano Tecnologia e Hopenly Software & ICT 0,6* 70,00% 10/11/2020 nd Barbara Vecchi, Roberto Grassi Crescita (Seco) BeBeez Arcadia sgr (Grafiche Idea Grafica Manufacturing 12,7 Majority 10/07/2020 nd Pettinari family Favillini) BeBeez Stirling Square (Itelyum Idroclean Chemistry 14,4 04/03/2020 100,00% nd Zonca family Purification) BeBeez Xenon Private Equity Il Faro Quality Fish Food - 07/05/2020 Majority nd Massimo Raffaell (Panapesca) BeBeez partner-managers (reinvest in Gradiente sgr (Argos Surface Impreglon Italia srl Metalworker 17/06/2020 BeBeez 3,5* 100,00% nd holding company) Technologies) Intereco Other services 12,3 09/07/2020 100,00% nd Tiziano Fontanesi, Mario Botti Stirling Square (Itelyum) BeBeez 140 members,includ. Managing LFPI and Montefiore Interflora Italia 22/12/2020 100,00% Other services 17,7* nd Director Luca Iannarone Investment (MyFlower) BeBeez Davide Bettio, Dario Freddi, Ispirata Software & ICT nd 70,00% FII Tech Growth (Seco) 28/07/2020 nd Marco Oggioni BeBeez JV Systems Sunlight- Olympia Group (Systems 23/12/2020 100,00% (joint-venture startup) BMG Energy Electronics nd Sunlight) and BMG Energy BeBeez Fondo Agroalimentare La Nuova Tradizione Food 2,5* 17/07/2020 Majority nd nd Italiano I (Agrimola) BeBeez Financial Riello Investimenti (First Life&Wealth 0,5* 100,00% services 14/10/2020 nd Renato Lot Advisory) BeBeez Franco D'Agostino, Franco Investindustrial VII Livet Pharmaceutical 30/08/2020 100,00% Ghigonetto, Johann Gunnar (GeneraLife) and medical 2,1* nd Holte, other investors BeBeez Shipping and Paradisi family, Andrea Nardo Logifarma ArchiMed (Bomi) logistics 6* 29/05/2020 100,00% nd and Roberto Pucci BeBeez Neuberger Berman, Fondo Giorgio and Giuseppe Ghezzi, Agroalimentare Italiano I, Logistica 2 05/10/2020 100,00% Remo Joris and Mauro Shipping and Intesa Sanpaolo (Trasporti Zancanella logistics 34,7* nd Romagna) BeBeez Lombardi Manufacturing 16,4* 29/06/2020 66,00% nd Lombardi family Equinox (Radix) BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 17
Article Revenues Who sold Company Sector Date % capital EV Investors by 2018 or diluted BeBeez Pharmaceutical Investindustrial Growth Luc&Bel 8,1* majority and medical 15/09/2020 nd Luca Ferrari (Benvic) BeBeez Energy and Maierà Gas F2i (2i Rete Gas) utilities - 07/05/2020 100,00% nd Bonatti spa BeBeez Taddei family, Mirko Baldi and Invision and Nord Holding Margherita srl 42,1* Food 21/04/2020 majority nd Werner Furre (KADI ag) BeBeez Hellman&Friedman Mbm Italia Software & ICT 5 22/04/2020 61,00% nd Private investors (Teamsystem) BeBeez Pharmaceutical Judith and Matthew Anna Atlnte Private Equity(Service Medi-H-Art and medical 4,5* 01/06/2020 100,00% nd Rossetti Med) BeBeez Pharmaceutical Dws Pan-European Medipass 32,3* 100,00% and medical 08/09/2020 169 KOS Infrastructure III(Inframedica) BeBeez Megic Pizza Food 10*** 23/11/2020 80,00% nd Gerardo Acampora Aksìa Capital (Valpizza) BeBeez Fashion, Vam Investments, Mely’s Maglieria Luxury & 15,4* 100,00% Italmobiliare, Fondo Italiano Design 10/11/2020 nd Sanarelli family (Florence Group) BeBeez founding members and Alpha Private Equity (AMF Mimest Manufacturing 4,3 08/06/2020 100,00% nd managers Snaps) BeBeez Mobert Metalmechanics 14,4* 15/10/2020 100,00% nd Napoleon Trezzi Ambienta sgr (Amutec) BeBeez Digital Magics spa, Reale Sequotia Capital and other Moneymour Fintech nd 14/02/2020 18,40% nd Mutua Assicurazioni vennures (Klarna Bank) BeBeez Energy and F2i, APG and Ardian ( 2i Montelungo Gas srl utilities nd 07/05/2020 100,00% nd Bonatti spa Rete Gas spa) BeBeez N.B. Service Software & ICT 3,8* 07/09/2020 100,00% nd Davide Bocchino Wise Equity (Innovery) BeBeez Auctus Capial (Oleodinamica Metalworker 26/06/2020 Naldoni Biondi 4* 100,00% nd Giuseppe Biondi Marchesini) BeBeez NB Renaissance Partners and Nuova Osba Chemistry 8,5 02/07/2020 100,00% nd Famiglietti family NB Aurora (Rino Mastrotto) BeBeez Obiectivo Services to Massimo Lo Monaco, Pamela 0,7* 100,00% Wise Equity (Innovery) Technology companies 06/08/2020 nd Pace, other investors BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 18
Article Revenues Who sold Company Sector Date % capital EV Investors by 2018 or diluted BeBeez Onoranze Funebri Augens Capital (Impresa San Other services Lombarda (Bertini) 1,5* 25/06/2020 80,00% nd Massimo and Raffaele Bertini Siro) BeBeez Onoranze Funebri Augens Capital (Impresa San Other services Serpi 1,4 20/01/2020 70,00% nd Serpi family Siro) BeBeez Oranfrizer Food 39* 03/11/2020 100,00% nd Alba family Carlyle (Unifrutti) BeBeez Ortofrutticola del 10,6* 100,00% Investindustrial (Italcanditi) Mugello Food 05/08/2020 nd Gaetano De Feo BeBeez Bluegem (Beauty Nova- Panzeri Diffusion 38,9* 100,00% Chemistry 13/10/2020 nd Ivano Panzeri Poolservice Medavita) BeBeez Shipping and Cristian Mavilla, Enrico Peterlini 06/10/2020 100,00% IGI and Siparex (Bracchi) logistics 3,3* nd Mavilla, Nerella Peterlini BeBeez Pibiplast Plastics nd 05/08/2020 100,00% nd Ambienta FSI (Lumson) BeBeez Media & Oaktree (Asacha Media Picomedia Entertainment 14,7* 17/04/2020 75,00% nd Roberto Sessa Group) BeBeez SK Capital (Ascend Poliblend Plastics 74,8 17/02/2020 100,00% nd Giancarlo D'Ottavio Performance Materials) BeBeez Poligof Plastics 118,4* 11/12/2020 100,00% nd 21 Invest and the Gatti family Portobello Capital (Ceo) BeBeez Fermo Vitali, Luigi Cavenati, Mistral Capital (Etichettificio Prisma 21/12/2020 100,00% Manufacturing 3,3* nd Patrizia Premoli LGL) BeBeez partner-managers (reinvest in Xenon Private Equity Progel Ict 9,8* 15/06/2020 100,00% nd holding company) (Impresoft) BeBeez Constantin Wiethaus, Giulio Highland Capital Partners Prooqui Internet and Valiante, Ivan De Liguori, Milo Europe and various ventures ecommerce 2 19/05/2020 100,00% nd Zagari (DoveConviene) BeBeez Ramo azienda odontoiatrico del Pharmaceutical Aksìa Capital IV (Primo nd 100,00% Centro Medico I and medical Centro Medico I Mulini (Serra Group) Mulini 25/11/2020 nd family) BeBeez Fashion, luxury Industrial Holding Company RBS 11,1* 100,00% & Design 03/08/2020 nd Federico Sambinello (Holding Moda) BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 19
Article Revenues Who sold Company Sector Date % capital EV Investors by 2018 or diluted BeBeez Riunione Industrie Portobello Capital (Angulas Alimentari Food 54,6 10/02/2020 Majority nd Coppola family Aguoinaga) BeBeez Roberto Industria Aliante Equity Investments Food 57,1 100,00% Alimentare 29/06/2020 nd Canzian family (Morato Pane) BeBeez Scae Europe Metalworker 6,6 19/06/2020 100,00% nd bankruptcy proceedings Ambienta (Amutec) BeBeez Scatolificio HIG Europe (Cadicagroup) Cartotecnica Giorgi Manufacturing 5,7 23/01/2020 Majority nd Giorgi family BeBeez Nazzaro Serino and Enrico Sevecom 26,6* 100,00% Cinven (Barentz) Food 13/11/2020 nd Pigorini BeBeez Advent International, Bain Sia Financial 05/10/2020 Capital, Clessidra, market services 614,8 100,00% nd Cdp Equity and FSIA (Nexi) BeBeez Transport, Società Progetto IFM Global Infrastructure shipping & Brebemi (Aleatica) logistics 92* 28/10/2020 44,70% 2400 Intesa Sannpaolo BeBeez Soprad Plastics 13,6 12/03/2020 100,00% nd Fiorenzo Roncari Warburg Pincus (Pregis) BeBeez Specchiasol Chemistry 25,4 08/07/2020 100,00% nd Giuseppe Maria Ricchiuto White Bridge Investments BeBeez Simonetta Ercolani, Francesco Media & Oaktree (Asacha Media Stand by me Nespega and Giuliano Entertainment Group) 12,2* 17/04/2020 75,00% nd Tranquilli BeBeez Studio Besana e Arturo Besana and Tiziana Other services 26/06/2020 Ardian (F2A) BeBeez Cantù nd 100,00% nd Cantù T&J Vestor Manufacturing 17,1 06/02/2020 100,00% nd Jelmini family, Torrani family FSI (Missoni) BeBeez TCX Manufacturing 20,6* 02/10/2020 100,00% nd Keyhaven Capital Partners Investcorp (Dainese) BeBeez Services to Icon Infrastructure Tecnoambiente 28,8* 100,00% companies 02/11/2020 nd Bertini family (EcoEridania) BeBeez Pharmaceutical Aksìa Capital IV (COC TubiLux Pharma 34,2* 100,00% and medical 02/10/2020 nd Emidio Fedeli Pharmaceuticals) BeBeez Europe Capital Partners VI Verve Plastics 13,5 09/01/2020 Majority nd Versiglia family (Innduplast) BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 20
Article Revenues Who sold Company Sector Date % capital EV Investors by 2018 or diluted BeBeez Vidiemme Consulting Software & ICT 5,6 13/03/2020 100,00% nd Luca Valsecchi Apax Partners (Bip) BeBeez Pharmaceutical Villa Armonia Nuova (KOS) and medical 4,3 18/03/2020 100,00% nd Finoro Immobiliare srl BeBeez Villa Pedemonte Manufacturing Equinox (Radix) Atelier 23,8* 29/06/2020 66,00% nd Arzani family BeBeez Consumer Cornell Capital (Knowlton Zobele goods 69,4 21/02/2020 100,00% nd DH Private Equity Partners Development) BeBeez Total add-on on Italian companies 125 Add-on on foreign companies Who Reven Article sold Company Country Sector ues Date EV Investors Investors by or 2018 BeBeez diluted BeMyCompany Capital (Aceaia 7 Import&Export Fondo Montebello) US Food nd 04/02/2020 100,00% nd nd BeBeez Media & Amedeo Guffanti, Marco 77agency UK Ardian, other investors (Jakala) entertainment nd 03/03/2020 100,00% nd Corsaro BeBeez business software of Ardian (Daedalus) DXC Technologies US Software 230 21/07/2020 100,00% 525 DXC Techologies BeBeez Brosacor Correduría Financial Spain Tikehau Capital (Assiteca) de Seguro services 7,5*** 07/07/2020 100,00% 2,7 nd BeBeez Salted bakery products Aliante Equity Investments Spain Food 100,00% of Cerealto-Siro nd 29/06/2020 nd Cerealto-Siro (Morato Pane) BeBeez Create Flavours UK Chemistry nd 12/05/2020 100,00% nd Jonathan Jones Nactarome (Ambienta sgr) BeBeez Industrial Papelera Mexico Manufacturing Fedrigoni (Bain Capital) Venus 15* 07/12/2020 100,00% nd nd BeBeez Iso Triton Capital (Bormioli Germany Glass Arzneiverpackungen nd 10/12/2020 100,00% nd Marc Jeanrichard Pharma) BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 21
Who Reven Article sold Company Country Sector ues Date EV Investors Investors by or 2018 BeBeez diluted Fondo Italiano Tecnologia e Make Helsinki Finland Other services nd 03/12/2020 100,00% nd Petteri Kolehmainen Crescita (Healthware Group BeBeez Hellman & Friedman, Advent, Bain Capital, Clessidra Nets Denmark Fintech GIC, Bain Capital e and market (Nexi) 1100* 15/11/2020 100,00% 7800 Advent International BeBeez Renovalia Energy Energy & Cerberus Capital Spain F2i (EF Solare) Group Utilities nd 24/04/2020 100,00% 700 Management BeBeez T&J Installations UK Other services nd 24/03/2020 30,00% nd nd Consilium sgr (Celli) BeBeez T&J Installations UK Other services nd 17/11/2020 70,00% nd nd Consilium sgr (Celli) BeBeez Total add-on on foreign companies 13 Club deal Revenues Who sold Company Sector Date % capital EV Investors Article by BeBeez 2018 or diluted Aqua Vera spa San Pellegrino (Nestlé (Quagliuolo family Acqua Vera Food 80* 30/11/2020 100,00% 75 Group) and managers) BeBeez Club deal organised by Crippa spa 37,5* 18/06/2020 Majority nd Crippa family Astaco srl BeBeez Internet and e- AM Capital and Deghi 22/09/2020 20,00% Alberto Paglialunga commerce 38,1* nd private investors BeBeez Dierre Metalworker 47 20/01/2020 4,70% nd NB Aurora Megainvest BeBeez Transport and Enrico Grassi and Vittorio Club deal Ruck (H14, Elettric80 logistics 300* 09/07/2020 25,00% nd Cavirani private investors) BeBeez Fashion, luxury, Como (Costamagna Fope spa 31,3 18/02/2020 71,20% 49,3 Diego Nardin BeBeez design and Morante) Club deal of private Gruppo CMC Metalworker 61* 29/05/2020 min. nd Francesco Ponti investors BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 22
Revenues Who sold Company Sector Date % capital EV Investors Article by BeBeez 2018 or diluted Lanificio dell'Olivo Gradiente and Taddeucci Ethica Global Textile 20,1 04/02/2020 100,00% spa 15 family Investments BeBeez Orienta Partners and LMA Metalmechanics 24,5* 04/11/2020 min. nd Boscolo family private investors BeBeez Internet and e- Ortigia Investments Mediashopping commerce 16,4* 04/11/2020 100,00% nd RTI (Mediaset group) and private investors BeBeez Federico Soncini Sessa, MIA Platform Software & ICT 3,7* 23/10/2020 min. nd Giulio Roggero Growth Club Capital BeBeez Private investors club Pietribiasi Mario and Antonio deal organised by Deal Michelangelo Metalworker 11* 07/12/2020 70,00% nd Pietribiasi Source Italia BeBeez Club deal organised by Cherry Bay Capital Poggipolini Metalworker 15,1* 02/06/2020 min. a nd Poggipolini family Group BeBeez Ethica Global Restiape Plastics 7,6 31/01/2020 67,50% nd Clara Poli, Noel Murray Investments BeBeez Cold Chain Capital Roen Est Metalworker 35,7 05/02/2020 100,00% nd The D.E. Shaw Group Holdings Europe BeBeez Media & Carlo De Benedetti Skira entertainment 11,3 26/05/2020 22,50% nd Massimo Vitta Zelman and Massimo Moratti BeBeez Francesco Baggi Sisini, Gerardo Braggiotti, Investitori Truck, Vitaliano Spare Partners Automotive - 21/04/2020 100,00% nd newco Borromeo Arese BeBeez Cherry Bay Capital Tecnomatic Metalmechanics 30,2* 23/10/2020 min. nd Giuseppe Ranalli and private investors BeBeez Fashion, Mario Righes, Luca Luxury & Meneghin, Caterino TrisOttica Design 22,6* 21/10/2020 75,00% nd Coppe, Ruggero Stramare VeNetWork BeBeez Total club deal 20 January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 23
Business combination with Spac Article Revenue % Who sold Company Sector Date EV Investors by s 2018 capital or diluted BeBeez Franchi Umberto Marmi Manufacturing 65,2* 05/10/2020 20,30% 290 Franchi family The Spac BeBeez Total business combination with Spac 1 Restructuring or special situation operations Article Revenu % Who sold Company Sector Date EV Investors by es 2018 capital or diluted BeBeez Acque Minerali Clessidra sgr, Magnetar d'Italia (A) Food 102,5* 23/12/2020 80,00% nd Pessina family Capital BeBeez Corneliani Fashion 108 23/07/2020 minority nd Investcorp,Corneliani fam. MISE BeBeez Fenice Holding Real estate nd 11/12/2020 100,00% nd group of banks Negentropy Capital BeBeez Angelomario Moratti and Inca Cosmetici srl Chemistry 26,1 22/04/2020 100,00% nd Faverio family managers BeBeez Cheyne European Strategic Irplast Plastics 97,1* 16/09/2020 majority 100 credit conversion Value Credit Fund BeBeez Kipre Food nd 28/10/2020 100,00% nd Dukcevich family Wrm Group BeBeez Mare Nostrum Romae Entertainment nd 22/10/2020 90,00% nd Domenico Ricciardi Zetland Capital BeBeez Bulk carrier LDN 06/10/2020 100,00% Liberty Navigation Taconic Capital Fortuna Shipping&Logistics nd nd BeBeez Officine Maccaferri spa (A) Construction 490* 22/05/2020 96,00% nd Seci (Maccaferri family) Carlyle and co-investors BeBeez Felix srl (Tabacchi family Perini Navi Luxury 55* 30/10/2020 100,00% nd and Lamberto Tacoli) Blue Skye,Arena Investors BeBeez Pieralisi Maip Metalworker 100 22/06/2020 51,00% nd Pieralisi family Idea CCR II BeBeez families Bottiglieri, Rizzo, Rbd Armatori spa Shipping, transport 24/01/2020 Reuben Brothers nd 75,00% nd De Carlini BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 24
Article Revenu % Who sold Company Sector Date EV Investors by es 2018 capital or diluted BeBeez Clessidra sgr and Magnetar Sisma spa (A) 57,2 31/03/2020 100,00% Manufacturing 59 Lotti family Capital BeBeez Trevisani family, MTA Trevifin Other services 624* 30/05/2020 100,00% nd market FSI, Polaris Capital, banks BeBeez Zoom Immersive Media&Entertainme Experience nt 7,4 16/11/2020 majority nd Casetta family Magnetar Capital BeBeez Total restructuring or special situation 15 - Note: A = announced but pending green light from creditors and/or Court approval Investments in energy production facilities Revenues % Who sold Company Sector Date EV Investors 2018 capital or diluted 14.5 MW photovoltaic plants in Lombardy, Umbria and Energy & Susi Sustainable Energy and Piedmont Utilities 02/03/2020 100,00% nd Plenium Partners Tages Helios II BeBeez Energy & jv Canadian Solar-Manni 5 photovoltaic systems Utilities 27/03/2020 100,00% nd Energy Sonnedix (JP Morgan) BeBeez a biomethane production plant Energy & in Lombardy Utilities 03/06/2020 Maj-Gen nd Lazzari & Lucchini Green Arrow BeBeez a photovoltaic system of about Energy & 2MWp Utilities 20/07/2020 100,00% nd Vei Green ForVei II BeBeez Energy & photovoltaic system in Abruzzo Utilities 20/07/2020 100,00% nd Vei Green ForVeiII BeBeez 3 MW photovoltaic plants in Energy & Apulia Utilities 27/07/2020 100,00% nd Melfin Sonnedix (JP Morgan) BeBeez Ubs Asset Management Energy & FPCI Infragreen III and Ltd ed Econergy 18.4 MW photovoltaic plants Utilities 30/07/2020 100,00% nd Econergy Systems Renewable Energy BeBeez 2 power stations in Parma and Energy & Udine Utilities 07/09/2020 100,00% 3,8 nd Renaio Infrastruktur-Fonds BeBeez 10 MW photovoltaic systems Energy & 28/09/2020 100,00% nd InfraRed Capital Partners SR Investments BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 25
Revenues % Who sold Company Sector Date EV Investors 2018 capital or diluted Energy & a 1.3 MW photovoltaic plant Utilities 29/10/2020 100,00% nd Genergy Sonnedix (JP Morgan) BeBeez Bisaccia Wind and Torretta Energy & Cubico Sustainable Wind (16 MW) Utilities 03/11/2020 100,00% nd Carlo Maresca Group Investments BeBeez Energy & 4 photovoltaic systems in Sicily Utilities 12/11/2020 100,00% nd ICS Sonnedix (JP Morgan) BeBeez 23 photovoltaic plants of Energy & Energy 1 fund (EOS around 17 MW Utilities 13/11/2020 100,00% nd Investment Management) Obton BeBeez photovoltaic systems in Energy & Horus Green Energy Piedmont and Basilicata Utilities 02/12/2020 100,00% nd Investment Sonnedix (JP Morgan) BeBeez 200 MW of wind farms and Energy & projects in Italy Utilities 07/12/2020 majority nd Engie Predica Energies Durables BeBeez Energy & 10 MW Fast Reserve Project Utilities 14/12/2020 100,00% nd Terna F2i (Solar EF) BeBeez a 4.5 MW photovoltaic plant in Energy & Sicily Utilities 22/12/2020 100,00% nd nd Tages Helios II BeBeez 43 Italian photovoltaic plants of Energy & 33 MW Utilities 22/12/2020 100,00% nd E2E Obton BeBeez 2 MW photovoltaic systems in Energy & Glaros srl and Leonardo Emilia-Romagna Utilities 22/12/2020 100,00% nd Energy Ltd Sonnedix (JP Morgan) BeBeez 15 4.3 MW photovoltaic plants on public buildings and Energy & greenhouses in Sardinia Utilities 31/12/2020 100,00% nd Equiter Tages Helios II BeBeez Total investments in renewable energy plants 22 Divestments from renewable energy installations Revenues % Who sold Company Sector Date EV Investors 2018 capital or diluted 20.4 GWh wind farm in Energy & Equiter Energia and Barone Castelpagno Utilities 17/12/2020 100,00% nd Costruzioni A2A BeBeez Total divestments from renewable energy plants 1 January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 26
Disinvestments (hypo, ABB, trade sale or buyback by entrepreneurs)**** Revenues Who sold Article Company Sector Date % capital EV Investors 2018 or diluted by BeBeez Raptors Holdco (James Pallotta), James Pallotta, Romulus and Michael Ruane, Thomas Remus Dibenedetto, Richard Investments (The Media & D'Amore, Starwood Friedkin Group) AC Roma Entertainment 141,25* 06/11/2020 86,8% 567 Capital Group, market BeBeez Amissima Talanx (HDI Assicurazioni Financial services nd 23/10/2020 100,00% nd Amissima (Apollo) Group) BeBeez Artebianca Natura & Panealba Tradizione Food 10,6 13/01/2020 100,00% nd Alto Partners sgr Campiello BeBeez Centerbridge (down to market BFF Banking Group Financial services 204,6* 08/10/2020 4,00% nd 7.9%) BeBeez Centerbridge (down to BFF Banking Group Financial services 204,6* 03/06/20 10,00% nd 11.9%) MTA market BeBeez Fratelli Puri Negri sapa, Carlo Clavarino, Cassa Blue sgr (ex Sator Sator Private Equity Nazionale del nd Immobiliare sgr) Fund and Unodueerre Notariato, Stoneweg sa, Vertex srl, Financial services nd 16/07/2020 68,10% Morning Capital BeBeez Business unit trasporti Mermec (Angel 06/11/2020 100,00% nd Sirti (Pillarstone Italy) Sirti Telecommunications nd Group) BeBeez Capital Brands Electronics 290*** 24/11/2020 100,00% 420 Centre Lane Partners De' Longhi BeBeez Headway Capital Castaldi lighting Penta group Manufacturing 15,8 16/07/2020 100,00% nd Partners BeBeez First Capital, L Catterton Europe Christian Aleotti, Cellularline Electronics 140,4* 31/12/2020 10,40% nd Alberto L.Tazartes BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 27
Revenues Who sold Article Company Sector Date % capital EV Investors 2018 or diluted by BeBeez Sici sgr, Next Holding, X Berni Gamberini Corpo Vigili Giurati Other services 60* 22/12/2020 40,00% nd Capital family BeBeez Bio Initiatives and Red Circle EcorNaturaSì Retail 396,1* 27/08/2020 14,00% nd Luisante BeBeez Fondo Italiano d'Investimento (NB Elco Group Electronics 42 14/04/2020 29,76% nd Aurora) Carlo Guidetti BeBeez Vei Capital (Palladio Finproject Versalis Manufacturing 94,9 27/02/2020 40,00% nd Finanziaria Holding spa) BeBeez Focus Italia Retail 14,9 10/01/2020 45,00% nd BeMyCompany Capital Pon Holdings BeBeez H-Farm Financial services 55,7* 27/08/2020 11,00% nd Red Circle Riccardo Donadon BeBeez chain of hamburger Franco Manna and Ham Holy Burger shops 0,4 30/03/2020 100,00% nd OpCapita (Sebeto Group) Giuseppe Montella BeBeez Masi Agricola Food 65* 15/05/2020 5,00% nd Alcedo sgr Red Circle BeBeez New Crazy Colors Services to companies 10,6 13/02/2020 80,00% nd Palladio Financial Cingolani family BeBeez Advent, Bain Capital and Clessidra (down to Nexi Financial services 984,1* 28/05/2020 8,80% nd 43.4%) MTA Market BeBeez Bain Capital, Advent International and market Nexi Financial services 984,1* 08/10/2020 13,40% nd Clessidra (down to 20%) BeBeez Mutares Holding, Postsl Nexive Group Other services Italian Post Office 19,9* 17/11/2020 100,00% 60 European Mail Holdings BeBeez Pastificio di San Remo Chiavenna Food 13,5 11/02/2020 24,00% nd Alto Partners sgr Macaroni Group BeBeez Commercial Steel Raccortubi Metalmechanics 62,8 26/10/2020 24,50% nd Synergo Capital Tubes BeBeez CarSafe Belron Italy bodywork Clayton Dublier Rice and (Mucciante family asset (Carglass and D'Ieteren (Belron) and Lercari family) Origlass) Automotive nd 17/12/2020 100,00% nd BeBeez January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 28
Revenues Who sold Article Company Sector Date % capital EV Investors 2018 or diluted by BeBeez Ramo IT e R&S Corvallis (Alkemia Tinexta Corvallis Software & ICT nd 13/10/2020 70,00% nd Capital Partners) BeBeez Savio Macchine Alpha Private Equity Vandewiele Tessili Metalworker 260* 31/12/2020 100,00% nd BeBeez Fondo Agroalimentare Sfoglia Torino Perrino family Food 26,3 22/01/2020 minority nd Italiano BeBeez Sinergo sgr and Alessandro Mennucci Toscotec Metalworker 148,1 14/05/2020 90,00% nd (who holds 10%) Voith GmbH BeBeez Unieuro Retail 1873,8 23/01/2020 17,60% nd Rhone Capital market BeBeez Total divestments 30 - Note ****: trade sale = sale to industrial company; ABB = accelerated bookbuilding; divestments to funds are included under direct investments The data in this report are extracted from http://www.privatedata.bebeez.it/en Find out how to subscribe here Click here to watch the video explaining how it works January 2021 - EdiBeez srl - operational headquarters Corso Venezia, 8 - 20121 Milan - registered office Corso Italia, 22 - 20122 Milan 29
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