Fondo Italiano di Investimento recently made an indirect investment of undisclosed amount in Wisequity III, the third private equity fund managed by Milan-based Wise SGR.
The fund, which is currently in fundraising phase, will provide expansion capital to Italian small and medium-sized businesses with a turnover ranging between €20m and €100m, and focusing on leveraged buyout (acquisition of majority holdings, via leverage) and development capital in companies with high growth potential.
The average investment size is €5-25m in terms fo equity value, and €10-75m in terms of Enterprise Value.
FinSMEs
31/05/2011