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.

portfolio

€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.

Unrealised Portfolio
Realised Portfolio
U-Power
U-Power
Investment Year: 2023
Sector: Specialized Industrials

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.

Bending Spoons
Bending Spoons
Investment Year: 2023
Sector: Information Technology & Professional Services

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.

Neopharmed Gentili
Neopharmed Gentili
Investment Year: 2023
Sector: Healthcare

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.

Inetum
Inetum
Investment Year: 2022
Sector: Information Technology & Professional Services

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.

Arbo
Arbo
Investment Year: 2022
Sector: Specialized Industrials

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.

SICIT
SICIT
Investment Year: 2021
Sector: Environmental Sustainability

Founded in 1960 and headquartered in Arzignano, Italy, SICIT is a global leader in the production of high value-added sustainable chemical products such as biostimulants for agriculture and retardants for the plaster industry. SICIT is a leading circular economy player that offers a service of strategic importance, transforming and processing the residues from the leather tanning production into fully biodegradable protein hydrolysates for the agrochemical and industrial sectors.

Sicit employs 180 people and operates three highly-automated and technological production sites in Arzignano and Chiampo (Italy).

Sicit sells its products in 90 countries worldwide via its commercial subsidiaries in Italy, China and the US. Its clients are primarily B2B players in the agrochemical and industrial sectors.

Over IT
Over IT
Investment Year: 2020
Sector: Information Technology & Professional Services

Founded in 2004 and headquartered in Fiume Veneto, Italy, OverIT is a leading vendor of state-of-the-art software solutions for Field Service Management (“FSM”) operations. Specifically, the company supports industry-leading companies to increase their productivity, efficiency and safety through dispatching, optimizing, and mobilizing of the workforce to remote locations, in order to provide installation, repair or maintenance services on assets and customers.

Recognized as “Leaders” and “Visionaries” by the major IT consulting firms (IDC and Gartner), OverIT serves the Energy & Utility, Oil & Gas, Industrial Manufacturing, and Transportation industries with specific product templates.

The company’s products include the Next Gen FSM Platform, designed to cover end-to-end the entire FSM process and enhance a smooth integration with its customers’ application map, and Space 1, which aims at reshaping industries’ processes through Augmented, Mixed and Virtual Reality.

OverIT employs over 600 people and has offices in Italy, Germany and USA. Part of Engineering Group until December 2021, NB Renaissance and its partners spun-off the company to accelerate its international development and build a global software leader, also following the appointment of Paolo Bergamo – formerly part of Salesforce leadership team – as new CEO of OverIT.

Engineering
Engineering
Investment Year: 2020
Sector: Information Technology & Professional Services

Founded in 1980 and headquartered in Rome, Italy, Engineering is a leading specialist provider of IT services, software development and digital platforms, supporting blue-chip clients in digital transformation projects. Engineering operates in three main areas of activity: (i) Application Transformation: customization or development of digital-related services and new technologies; (ii) Proprietary Solutions: offering of cutting-edge proprietary products, including software and digital platforms; and (iii) Managed Services & Cloud: management and operation of IT processes and infrastructures, including through hybrid and multi-cloud.

Engineering employs approximately 12,000 people, including 525 researchers and data scientists, and is the leading independent player in Italy but also covers more than 20 countries worldwide (mainly Belgium, Germany, United States and Brazil).

Since NB Renaissance’s entry in 2020, Engineering has completed 6 strategic add-on acquisitions to accelerate the implementation of high-value strategic initiatives in Digital Enabling Technology and attractive fast-growing verticals such as e-health, insurance, industry 4.0 and automation.

Rino Mastrotto
Rino Mastrotto
Investment Year: 2019
Sector: Specialized Industrials

Founded in 1958 and headquartered in Arzignano, Italy, Rino Mastrotto is the global leader in the production of sustainable leather and textiles to the high-end fashion, furniture and automotive industries. Rino Mastrotto is widely recognized as a strategic partner by many of its clients, with a distinctive technological edge, best-in-class level of service and a global production footprint. The group also offers high value-add cutting, printing and decoration services to clients, both in Italy and abroad.

Rino Mastrotto is a pioneer of the circular economy, by transforming a by-product of the meat industry into a natural, durable and sustainable product, thus avoiding the ecologic impacts of landfilling or incineration. The group adopts best-in-class ESG policies and it is an active promoter with respect to animal welfare, production transparency and traceability. Rino Mastrotto employs 960 people and operates eleven production plants of which nine in Italy, one in Sweden and one in Brazil, as well as a warehouse in the US and two cutting facilities in Mexico.

The group sells its products in nearly 60 countries to tier-1automotive suppliers, global fashion houses and design furniture producers. Since NB Renaissance’s entry, Rino Mastrotto has completed four strategic add-on acquisitions: Nuova Osba, a tannery specialized in the production of high-end leather for the footwear industry based in Italy; Carrol Leather, a wholesale distributor of leather hides mainly for the furniture industry based in the US; Morellino, a provider of premium decoration and printing services for leather and textile products, based in Italy; and Tessitura Oreste Mariani, a premium provider of textile products for the high-end fashion industry.

Hydro Holding
Hydro Holding
Investment Year: 2018
Sector: Specialized Industrials

Founded in 2015 and headquartered in Castello d’Argile, Italy, Hydro Holding is the result of the strategic combination of four leading Italian producers of fittings for oleodynamic flexible hoses, namely Tieffe (one of the largest European producers of carbon steel fittings), FB Hydraulic (leader in the production of hose fittings and in the assembling of flexible hoses and rigid pipes), MCS Hydraulics (specialized in the production of stainless steel fittings) and Raccorfer (a cold forming technology specialist).

Hydro Holding provides its customers with a comprehensive product offering with a full range of fittings for flexible hoses, adaptors, assembled hoses and rigid pipes for high-pressure hydraulic systems with main applications in agriculture, construction, mining, material handling and transportation.

Hydro Holding employs 385 people and operates four production plants in Italy and one in the Czech Republic.

Hydro Holding sells its products in more than 60 countries worldwide via commercial branches in Italy, Germany, the UK and Romania. Its clients are primarily assemblers and distributors serving the aftermarket channel, as well as leading OEMs for first-time installations.

Since NB Renaissance’s entry, Hydro Holding completed the acquisition of Hydraulic Professional Service (“HPS”), a Romanian specialized provider of hydraulic solutions and related services such as installation and maintenance.

Uteco
Uteco
Investment Year: 2018
Sector: Specialized Industrials

Founded in 1985 and headquartered in Verona, Italy, Uteco is a leading player in the design, engineering and production of printing machines for flexible packaging. The company is the global co-leader in flexographic printing machines, with prominent positioning in South of Europe and North America, and offers a complete range of printing machines (flexographic, rotogravure, digital and special / hybrid configurations) as well as coating and laminating solutions.

Uteco employs approximately 400 people and sells its machines, fully produced in Italy, to over 100 countries worldwide through both a direct salesforce and external agents. The company boosts over 3,500 machines installed worldwide, also providing a local after-sales service thanks to a global network of warehouses, service points and local technicians. Uteco’s clients are primarily large packaging companies (converters), which print plastic film, paper and tissue mainly for applications in food and beverage.

Since NB Renaissance’s entry, Uteco has completed two strategic add-on acquisitions: Advanced Machinery, a Belgian distributor of printing machines with after-sales capabilities to increase geographical reach in Northern Europe, and Vision, an Italian company specialized in vision systems for quality control and industrial automation to internalize value-added competences.

https://www.uteco.com/en/
Comelz
Investment Year: 2017
Sector: Specialized Industrials

Founded in 1943 and headquartered in Vigevano, Italy, Comelz is a leading producer of technologically-advanced blade cutting machines, splitting machines and software solutions for the footwear, leather goods and automotive industries.

Comelz' technology is underpinned by a unique combination of the internally developed and patented software with electro-mechanical systems (including CAD/CAM designs solutions) guarantying enhanced production efficiency.

The company employs 370 people and operates three production plants of which two in Italy and one in China.

Comelz sells its solutions in nearly 70 countries through a combination of subsidiaries, representation offices and distributors with clients ranging from major players in the luxury sector to large Asian shoe manufacturers for well-known mass-market sport brands and key suppliers for the automotive industry.

Since NB Renaissance’s entry, Comelz has completed two strategic add-on acquisitions: Camoga, a leading leather splitting machine manufacturer that allowed Comelz to extend its product offering, and Develer, a software house with a team of more than 65 developers and hardware designers focused on CAD/CAM applications.

Alfasigma Group
Alfasigma Group
Sector: Healthcare

Producer of drugs for cardio-metabolic, orthopaedic-rheumatic, gastroenterological, vascular and gynaecologic treatments

Atos
Atos
Sector: Specialized Industrials

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.

Biolchim
Biolchim
Sector: Sustainable Specialty Chemicals

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.

Camfin Pirelli
Camfin Pirelli
Sector: Specialized Industrials

Global leading manufacturer of tyres for cars, motorcycles and industrial vehicles with strong strategic positioning in the high-end segment

Cattleya
Cattleya
Sector: Professional Services

Leading player in Italy in the production of movies, TV series and commercials

Esaote
Esaote
Sector: Healthcare

Leading global producer of diagnostic medical systems (ultrasound and dedicated MRI) and provider of healthcare IT systems

Farnese Vini
Farnese Vini
Sector: Consumer Products

Leading producer and distributor of high-quality bottled wines from Central and Southern Italy, primarily targeting restaurants, hotels, catering providers and wine merchants on a global basis

Fila
Fila
Sector: Consumer Products

Global leader in the production and distribution of writing and drawing tools, mainly color pencils for the education market, with well-established brands such as Giotto, Ticonderoga, Lyra, Dixon, DAS and Dido

Giochi Preziosi
Giochi Preziosi
Sector: Consumer Products

Leader in Italy and a key player in Europe in the production and distribution of traditional toys with focus on proprietary toys, brands and characters, as well as licensed and third-party brand products

Guala Closures Group
Guala Closures Group
Sector: Specialized Industrials

Leading global producer of safety closures (tamper-evident and non-refillable) for the spirits industry and of aluminium screw caps for the wine market

Ilpea
Ilpea
Sector: Specialized Industrials

Leading global manufacturer of magnetic gaskets for refrigerators and other extruded rubber and plastic components for the automotive and construction markets

Lima Corporate
Lima Corporate
Sector: Healthcare

Producer of implantable prostheses for bone articulations, using advanced technology in innovative materials and manufacturing processes, such as 3-D printing of prostheses in trabecular titanium

Mecaer Aviation Group
Mecaer Aviation Group
Sector: Specialized Industrials

System integrator supplying equipment, components and services to helicopter and small business aircraft manufacturers

Novamont
Novamont
Sector: Eco-Innovation

Founded in 1990 and headquartered in Novara, Italy, Novamont is the global leader in the production of biodegradable bioplastics with renewable content. Since July 2020, Novamont is a certified B Corporation. Novamont’s products are Mater-Bi, bioplastics based on plant components and biodegradable polymers used for different applications, such as shopping bags and bags for wet waste, and Origo-Bi, polyesters obtained from vegetable oils used as intermediate products for the production of Mater-Bi.

Novamont has a portfolio of more than 1,400 patents and patent applications, as well as a joint venture with US-based Genomatica, named Mater-Biotech, for the industrial production of Butandiol from renewable sources (“bio-BDO”). Novamont also has a joint venture with ENI/Versalis named Matrìca, for the production of renewable chemical intermediates (azelaic and pelargonic acids).
Novamont employs 630 people and operates three plants in Italy and one in Estonia, as well as three research centers in Italy.
Novamont sells its products in more than 40 countries worldwide via its commercial subsidiaries (in France, Germany, US and Spain) and a global network of distributors.
Since NB Renaissance’s entry, Novamont completed the strategic acquisition of BioBag Group, a Norway-based leading supplier of low-impact products for waste collection and packaging, and founded Mater-Agro (in partnership with Coldiretti and Consorzi Agrari d'Italia) with the dual aim of promoting sustainable solutions for farmers and developing sourcing of alternative feedstocks for the Novamont production process.

Pavan
Pavan
Sector: Specialized Industrials

Leader in the design and engineering of technologies and automated production lines for pasta and cereals, from the handling of raw materials to the final packaging

Pianoforte Group
Pianoforte Group
Sector: Consumer Products

Leading Italian fast-fashion underwear and bags & accessories retailer under the brands of Yamamay and Carpisa

RINA
RINA
Sector: Professional Services

Founded in 1999 as a spin-off of Registro Navale Italiano (the Italian shipping register) and headquartered in Genova, Rina is a global provider of testing, inspection, certification, classification and engineering services. Rina is one of the 7 founding member of IACS (the International Association of Classification Societies).

Rina operates in several areas of activity being the global leader in ferries and cruises classification in the Marine industry and the Italian leader in the system certification, as well as global player in the Energy and Transport & Infrastructures sectors.

Rina employs more than 4,300 people and serves more than 50,000 customers, with over 200 offices in 70 countries.

During Renaissance Partners' ownership, Rina has implemented an external growth strategy completing more than 9 strategic acquisitions (Sembenelli, QIC and Seatech in 2015, Edif in 2016, Comete in 2018, CND Studio in 2019 as well as Logimatic Solutions, Interconsulting Engineering and Cyber Partners in 2021).

Savio
Savio
Sector: Specialized Industrials

Leading manufacturer of automated yarn finishing machines and yarn quality control systems for the textile sector

Sigma Tau
Sigma Tau
Sector: Healthcare

Producer of drugs for the treatment of rare diseases, mainly in oncology

Stroili
Stroili
Sector: Consumer Products

Largest retailer of affordable jewellery in Italy with strong brand recognition

Termomeccanica
Termomeccanica
Sector: Specialized Industrials

Founded in 1912 and headquartered in La Spezia, Italy, Termomeccanica is a leading Italian producer of: pumps for large plants (mainly oil & gas, power generation, water treatment and heavy industries), and fluid and gas screw and package compressors for professional applications. Termomeccanica is also active in the design and management of water treatment plants including desalination and water purification, both for civil and industrial uses, and waste-to-energy plants including municipal solid waste and renewable sources such as biomasses, bio-gas, wind power and solar.

Termomeccanica employs 630 people and operates three production sites in Italy and one in Saudi Arabia.

Termomeccanica sells in products and services in nearly 40 countries through branches in Belgium, Russia, Libya, Poland, Portugal, UAE, Romania and India.

The statistics exclude Inetum (€2.5bn revenue and approximately 28,000 employees, not present in the Italian market).