Demeglio Partners with Equita Smart Capital for Strategic Growth
Deal News | May 19, 2025 | Finance Community IT - 3 Private Equity
Equita Smart Capital, a private equity fund managed by Equita Capital SGR within the Equita Group, has acquired a 39.1% stake in Demeglio, a company renowned in the luxury jewelry segment for its innovative patents and production techniques. This transaction involved multiple advisors, including legal and fiscal consultancy by Russo De Rosa Associati, business due diligence by EY Parthenon, financial due diligence by EY Advisory, and ESG aspects by Greenwich. The notarial processes were managed by ZNR notai. The acquisition was conducted through a capital increase and partial acquisition of shares from existing shareholders. Demeglio will maintain its current management as it pursues growth through new market entries and product expansion. This development follows previous strategic acquisitions and investments by Equita Smart Capital, underpinning their strategy to diversify their portfolio in sectors characterized by Italian craftsmanship and global competitiveness.
Sectors
- Private Equity
- Luxury Goods
- Jewelry
Geography
- Italy – Equita Smart Capital and Demeglio are both Italian companies, indicating that this transaction is deeply rooted in the Italian economic context.
- Global Markets – With over 80% of Demeglio's turnover generated abroad, the transaction has global implications, expanding their international market presence.
Industry
- Private Equity – Involves the acquisition of stakes in companies by private equity firms, as demonstrated by Equita Smart Capital's investment in Demeglio.
- Luxury Goods – Demeglio is active in the production and creation of luxury jewelry, making it a key player within the luxury goods industry.
- Jewelry – Demeglio's focus on the jewelry segment highlights its contribution to the industry, recognized for innovation and craftsmanship.
Financials
- 39.1% – Percentage of Demeglio's capital acquired by Equita Smart Capital.
- 28 million euros – Demeglio's total turnover.
- 5 million euros – Demeglio's EBITDA (earnings before interest, taxes, depreciation, and amortization).
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Equita Smart Capital | Buyer | Private Equity | A private equity fund managed by Equita Capital SGR, part of the Equita Group, focused on high-quality investments in Italy. |
| Demeglio | Target Company | Company | A company specializing in the creation and production of luxury jewelry, known for innovative patents and advanced techniques. |
| Equita Capital SGR | Fund Manager | Company | Manages the Equita Smart Capital private equity fund within the Equita Group. |
| Russo De Rosa Associati | Legal and Fiscal Advisor | Company | Provided legal and fiscal consultancy for the transaction. |
| EY Parthenon | Business Due Diligence Advisor | Company | Managed business due diligence aspects of the transaction. |
| EY Advisory | Financial Due Diligence Advisor | Company | Handled financial due diligence aspects of the transaction. |
| Greenwich | ESG Advisor | Company | Advised on the ESG aspects of the transaction. |
| ZNR Notai | Notarial Services | Company | Provided notarial services for the transaction. |