Aksìa Group is one of the most established private equity firm in Italy. Nicola Emanuele and Marco Rayneri came together as an independent private equity team in 1997. We are an independent financial sponsor neither connected nor affiliated with any bank or financial institution. Our active presence on the middle market in Italy from more than twenty years is the best evidence of our expertise and the trust granted us from the market. Aksìa Group has an entrepreneurial approach and therefore spends a lot of time within the portfolio companies working on close collaboration with the management teams. The aim is to support the companies in the definition and implementation of a development plan achieved through a combination of organic and external growth. We are delighted to bring forward our success and contribute to building a sustainable growth.

Key figures

>20
more than 20 years of active investments in Italy - Est. Milan 1997
2
funds under
management
40+
completed deals
(including Add-on)
 
450m €
of invested capital

Milestones

Aksìa Capital III
2019

June

MEP sold to Belgian group Legris Industries

2018

June

TURBOSOL sold to entrepreneur and management team

2017

May

NOVATION sold to a financial investor.

2016

August

Completion of GIMI sale to the German Freudenberg Group

June

EMMECI sold to Gruppo Coesia

May

GIMI sold real estate to the French SCPI Corum Convictions

March

ROSA SISTEMI sold to entrepreneur and management team

2015

December

EIDOSMEDIA sold to a financial investor.

2013

May

PLASTIAPE sold to a financial investor.

2011

December

ROBUSCHI sold to listed multinational Gardner Denver Inc. (NYSE: GDI)

2010

October

Acquisition of controlling stake in EIDOSMEDIA

September

GIMI completed 100% acquisition of Framar from the entrepreneur Bruni

2008

November

Acquisition of PLASTIAPE from the Colombo, Magni, and Citterio Lombard families

October

Acquisition of GIMI from the Miola Venetian family

January

Acquisition of ROSA SISTEMI Rosa Lombard family

2007

October

Acquisition of EMMECI from a Luxembourg private equity fund

August

MEP completeds 100% acquisition of Hyd-Mech Ltd (Ontario, Canada)

May

Acquisition of NOVATION from an Italian investment company

February

Acquisition of MEP from an Italian investment company. Acquisition of TURBOSOL from an Italian investment company

January

Acquisition of ROBUSCHI from the Robuschi Emilian family First and only closing

Aksìa Capital IV
2020

September

Aksìa Group portfolio company COC Farmaceutici acquires Tubilux Pharma

July

Sale of Alpha Test, the second divestment of Aksìa Capital IV

2019

November

COVISIAN acquires the BPO Business Unit of Avanza

October

CASA DELLA PIADA (CRM) acquires 100% of Gastone

July

LAMEPLAST sold to American group Tekni-Plex

February

COVISIAN acquires 100% of GSS

2018

April

COVISIAN acquires 100% of RBS

March

Acquired 100% of CASA DELLA PIADA (CRM)

February

COVISIAN leases a Business Unit of Telesurvey

2017

October

COVISIAN acquires 88% of Vivocha

March

Acquired 70% of ALPHA TEST

2016

November

COVISIAN acquires 100% of CSS S.p.A.

October

LAMEPLAST issues corporate bond

July

COVISIAN buys the service business unit 1254 from Italiaonline

April

Second closing acquired 100% of LAMEPLAST from the Ferrari, Fontana and Fabbri Emilian families

2015

December

Acquired 55% share in CONTACTA-VISIANT

2014

November

First closing

Aksìa Capital V
2020

November

Aksìa Capital V through its the portfolio company Primo Group acquires the dental branch of Centro Medico I Mulini and Slam Dental, to strength Sardinia’s retail footprint

Aksìa Group SGR acquires Megic Pizza through the portfolio company Valpizza

Aksìa Capital V acquires Nappi 1911, established producer of ingredients and semifinished products for ice cream, pastry and sweets industry

September

Aksìa Capital V acquires VOMM, leading player in the production of plants for continuous industrial processes

July

Aksìa Capital V acquires Valpizza, leading player in the frozen pizza market

2019

December

Underwriting of a convertible bond issued by Caredent

October

Acquired 100% of PRIMO GROUP AND OASI MEDICA

July

Start of the fund V

Strategy

Platforms for growth in the italian lower-mid market

The growth patch relies on a combination of fitting add-ons and M&A opportunities coupled with suited organic development initiatives. Invest in established winners in their niches which can be platforms for growth and benefit from consolidation trends in their industries. Leverage Aksìa’s established presence in the Italian industrial districts to source opportunities directly and engage with companies and vendors ahead of intermediaries.

Family or founder-owned businesses

Aksìa typically invests in family or founder-owned businesses for which the transaction is often triggered by a succession event.
Vendors often remain minority shareholders to benefit from expansion under Aksìa’s holding.

Aksìa is a catalyst investor driving the business from privately-owned through the next phase of growth

Industrial approach

Aksìa operating model involves an active management of portfolio companies in close collaboration with top managers.
Our approach results in long-lasting and solid relationships with vendors and management teams often started before the transaction.
We involve business experts from the early stage to support business plan achievement and operating improvements.

A Transitional investor

Aksìa establishes new ownership and management group to transform the business from family or founder-to professionalised, positioning on the market as a strategically relevant industry leader.
Follow-on investments are usually performed to increase value through transformation, strategic M&A or capex expansion plans.
Sales growth aims at internationalized outlook or export orientated strategy.

High quality management

Aksìa relies on a well-established network to source and build best in class management teams.
Aksìa strongly support the existing management to achieve targets and appoints, if necessary, CEO or other senior managements to drive growth and change.
The alignment between shareholders and management interests, which represents a milestone to deliver business plan, is achieved through creation of incentive plans.

Value creation
Strategic repositioning

Evaluate business model in order to expand portfolio offering

Redefine ‘route to market’ strategy

Invest in branding or marketing to reposition products or services

Improve the company’s competitive position

Professionalisation

Reinforce, if required, management to drive change and future growth

Implement new reporting systems and invest in IT infrastructure

Optimize organization structure to create an efficient organization

Establish strong corporate governance

Growth

Strategic and transformational M&A

Strengthen sales capability in Italy and abroad

Production capacity improvements and expansions

Invest in R&D and product development