Equinox is a leading private Investment firm operating with a distinctive approach, tailored to unlock the best opportunities in the Italian mid-market.
Founded in 2002 by Salvatore Mancuso, Equinox is built on industrial foundations and through its exclusive network it is able to provide unique proprietary deals.
Its differentiated and intelligent deal structuring enables partnership with the best businesses. Equinox, with a total of over €500 mln of raised capital, has created substantial value both for investors and portfolio companies in its 15 years of experience.
Sourcing and Acquisition
Unparalleled visibility and access to in the Italian market
Proprietary deals make up 90% of investments over 2 fund generations
Focus on under-managed / under-valued opportunities
Conservative entry valuations
Exploiting the industrial network to partner with entrepreneurs and management
Ownership and Management
Implement tailored business strategy to build true industrial value
Identify and replace key personnel leveraging unique network of professionals
Identify core business segments ripe for internalisation
Liquidity conscious investors
Business improvements focused on exit
DEEP, STABLE AND HIGHLY EXPERIENCED TEAM
Equinox Advisory S.A.
Equinox targets investments predominantly through 4 sectors:
Industrial and Environment
Leisure, Consumer and Retail
Life Sciences and Healthcare
Transportation and Supply Chain
The Market Opportunity
Resilient and stable, export-focused companies
Italian mid-cap businesses are niche leaders with export driven sales not directly linked to Domestic GDP
Six of the largest ten (including the first 2) manufacturing districts in EU are located in Italy
Exceptional deal flow
Succession – over 80% of Italian businesses are family-owned and almost 25% of entrepreneurs are over 60
Direct lending from Italian banks to mid-cap businesses has fallen
Private equity reduction – post crisis a smaller number of ‘stress tested’ players remain in this segment
Resurgent Italian economy
Recent labour reforms promoting corporate development