M&A Deal Summary

Riello Investimenti Partners Acquires First Advisory

On May 8, 2020, private equity firm Riello Investimenti Partners acquired insurance company First Advisory

Acquisition Highlights
  • This is Riello Investimenti Partners’ 1st transaction in the Insurance sector.
  • This is Riello Investimenti Partners’ 2nd transaction in Italy.

M&A Deal Summary

Date 2020-05-08
Target First Advisory
Sector Insurance
Buyer(s) Riello Investimenti Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

First Advisory

Milan, Italy
First Advisory is an independent platform specialized in the distribution of private life insurance products. First Advisory was founded in 2010 and is based in Milan, Italy.

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Buyer(S) 1

Buyer
DESCRIPTION

Riello Investimenti Partners is a private equity group focused on acquiring and investing in small cap Italian companies. Riello Investimenti Partners was formed in 2001 and is headquartered in Padova.


DEAL STATS #
Overall 2 of 4
Sector: Insurance M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 2 of 4
Country: Italy M&A 2 of 4
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-27 FoodNess

Curtatone, Italy

FoodNess focuses on the production and distribution of products suitable for people that have a food intolerance and who are particularly attentive to ingredients. FoodNess was founded in 1990 and is based in Curtatone, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-04 Garmont

Vedelago, Italy

Garmont is an Italian outdoor footwear specialist company providing technical sports, outdoor and tactical shoes, based in Vedelago, Italy.

Buy -