Investment Philosophy

“Clear strategy for successful investments and operational value creation”

• Élite partnerships: minority equity stakes in medium/large LBOs alongside top tier professional investors
• Selected target investments: leaders in their particular market segment or near leaders, with strong recurring revenues and proved ability to generate strong cash flows. Strong management team
• European geographic focus: businesses located mainly in European countries. Particular focus on Italy, France, Spain and Greece
• Wide industry spectrum: diversified portfolio with a wide range of attractive sectors, limitations on seed/early stage and excluding real estate
• Hands-on approach: comprehensive strategic and industrial/operational capabilities to create value, development and implementation of a market approach to actively enhance results
• Mitigated operational risk: fully integrate in depth multi-angle financial and business due diligence – including assessment of level of competition, regulatory risks – and potential value creation on the operational side
• Pricing & Governance protection: focus on striking the right entry price avoiding artificially inflated entry multiples. Emphasis on the legal structure with protection clauses and governance rights. Focus on clearly identified exit alternatives and their time horizon