Square Capital Club Supports Armònia in Millefili Acquisition
Deal News | Jun 05, 2025 | Finance Community IT - 3 Private Equity
Square Capital Club, in collaboration with Deutsche Bank, has supported Armònia SGR in acquiring Millefili from Alto Partners SGR, the founding family, and CEO Daniele Selleri. Deutsche Bank acted as a financial advisor to Square Capital Club, with a team comprising Luca De Bartolomeo, Luca Morandi, Matteo Mozzi, and Sara Galisai. The joint project between Armònia and Square Capital Club aims to support Millefili's strategic growth by expanding and strengthening its product range. The deal marks Square Capital Club's first investment, executed through a new entity controlled by Armònia, in which Square Capital Club will hold a minority stake. CEO Daniele Selleri will continue leading Millefili with the current management team. Luca De Bartolomeo and Luca Morandi from Square Capital Club expressed pride in starting their investment phase with Millefili, highlighting its representation of Italian craftsmanship. Claudio Detti of Deutsche Bank Italy emphasized the bank's crucial role as a global partner for Italian entrepreneurs in business development.
Sectors
- Private Equity
- Financial Advisory
- Textile Industry
Geography
- Italy – All principal entities involved, including Square Capital Club, Armònia SGR, and Deutsche Bank, operate within Italy, making it the focal geographical location.
Industry
- Private Equity – The article involves a private equity firm, Square Capital Club, investing in a company with the support of Armònia SGR.
- Financial Advisory – Deutsche Bank acts as a financial advisor, which is central to the article's discussion of the investment transaction.
- Textile Industry – The target company, Millefili, operates within the textile industry, emphasizing the industry's role in the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Square Capital Club | Bidding Company | Company | A club deal initiative launched by Deutsche Bank in Italy, making its first investment with Millefili. |
| Deutsche Bank | Financial Advisor | Company | Served as the financial advisor to Square Capital Club in the Millefili acquisition. |
| Armònia SGR | Bidding Company | Company | Partnered with Square Capital Club to acquire Millefili, controlling a new entity formed for the investment. |
| Millefili | Target Company | Company | An Italian textile company being acquired by Armònia SGR and Square Capital Club. |
| Alto Partners SGR | Selling Company | Company | One of the shareholders selling its stake in Millefili. |
| Daniele Selleri | Person | People | The CEO of Millefili who continues to lead the company post-acquisition. |