Investment Portfolio
Our portfolio companies are global leaders in sector niches with high levels of innovation, customisation and service
or local leaders with sustainable competitive advantages.
Internationalization is a key value driver for our portfolio. We source, unlock and execute complementary add-on acquisitions for our portfolio companies, and have completed over 85 bolt-on acquisitions in over 20 countries across the globe since our inception.

€3.5bn
…aggregate revenue generated globally
24,000
…employed globally
+3,700
…jobs created over the last 3 years
+100
…countries where our portfolio companies generate revenues
In 2023, our portfolio companies generated ~60% of their revenues internationally.

Founded in 2006 by Franco Uzzeni and headquartered in Paruzzaro (Novara), U-Power is active in the Personal Protective Equipment sector and today is the #1 provider of safety shoes in Europe.
U-Power is recognized by the market as the best brand in terms of safety, comfort, design and technology and offers a premium safety product portfolio. The group was founded with the aim of becoming the most authentic and trusted reference point for worker safety, thus contributing to the quality of life of people through safe, comfortable and innovative protective equipment. Today, U-Power is at the forefront of ESG trends, producing shoes that enable safety and wellbeing for millions of workers. Infact, the group has been focused on the constant search for alternative, environmentally sustainable materials and its product range includes the U-Green and J-Respect product lines, the first 100% Carbon Neutral work footwear in the world.

Founded in 2013 in Copenhagen by four young entrepreneurs and headquartered in Milan, Bending Spoons is a data-driven and data-centric digital company specialized in the acquisition, development and monetization of mobile apps, mainly on Apple’s platform iOS. Bending Spoons currently has a portfolio of 20 apps, boosting over 500 million downloads to date and approximately 100 million monthly active users. The Group is mainly focused on the high-growth photo & video editing category, including the very popular Splice (video) and Remini (photo), with a recent entrance in the sticky note-taking space through the acquisition of Evernote.

Initially established within the Mediolanum Farmaceutici Group, which was founded in 1972 by the Del Bono family, Neopharmed Gentili is independent since 2009, when it was spun-off from Mediolanum Farmaceutici. Neopharmed Gentili is headquarted in Milan, Italy, and is a leader in the distribution of off-patent drugs on the Italian market, particularly in the cardiovascular and neurological area. Neopharmed built its success leveraging a broad and diversified proprietary product portfolio that spans eight therapeutic areas and a specialized salesforce of over 400 pharma representatives (the second largest in Italy) dedicated to the active promotion of brands to General Practitioners and specialists nation-wide.

Founded in 1970 and headquartered in Saint-Ouen, France, Inetum is a Pan European IT services and solutions company specialized in system integration, engineering, consulting, software implementation and maintenance.
Inetum operates across a large spectrum of capabilities across the IT lifecycle: application services, infrastructure services, business solutions, outsourcing, value-added reselling and software. Inetum is a leading player in France, Benelux and Iberia and is present in attractive growth areas such as Africa and Latin America.
Inetum employs 27,000 people and operates in nearly 30 countries serving blue chip corporates and mid-market companies in a wide range of industries, including energy, telecommunication and banking.

Founded in 1968 and headquartered in Fano, Italy, Arbo is the largest independent distributor of spare parts for heating systems in Italy, active also in the distribution of spare parts for Sanitary, Heating & Plumbing and in the distribution of Air Conditioning systems, with nascent operations in Spain and the UK.
Arbo enjoys a hyper-efficient business model based on state-of-the-art logistic and IT capabilities, that allow the company to receive orders with a 6pm cut off time (2 hours later than any other competitor) and deliver the product the following morning, in an environment where immediate product availability is the key criteria for customers.
Arbo employs 250 people and operates 44 points of sale in Italy, 3 in Spain and 1 in the UK, serving more than 27,000 customers every year.
Producer of drugs for cardio-metabolic, orthopaedic-rheumatic, gastroenterological, vascular and gynaecologic treatments
Founded in 1957 and headquartered in Sesto Calende (Varese), Italy, Atos is a leading Italian producer of electrohydraulic components and systems such as valves, pumps, cylinders, proportional controls, electronics and digital drivers, used mainly in fixed machineries and plants by a wide range of industries (including steel processing, machine tools, presses, rubber and plastic machinery, oil & gas plants and energy plants) and in mobile machineries (tractors, cranes, naval & marine, sky & fork lifts, concrete pumps and road machines).
Atos employs 750 people and operates nine production plants of which six in Italy and three abroad.
Atos sells its products in more than 80 countries worldwide both through third-party distributors and branches in North America, South America and Asia.
Founded in 1972 and headquartered in Medicina, Italy, Biolchim is a leading Italian producer and distributor of a full range of sustainable specialty fertilizers. Biolchim’s product portfolio includes biostimulants (main focus), trace elements and water-soluble liquid and foliar fertilizers.
Biolchim employs 400 people and operates eight production plants, of which four in Italy, one in Canada, Brasil, China and Hungary.
Biolchim sells its products in over 80 countries worldwide both through internal subsidiaries and indirectly through local distributors and importers to a wide range of professional agricultural clients.
Global leading manufacturer of tyres for cars, motorcycles and industrial vehicles with strong strategic positioning in the high-end segment
Leading player in Italy in the production of movies, TV series and commercials