INVESTMENT STRATEGY
Capitale Rilancio is an Italian institutional investor specialising in business, operational and financial turnaround of Italian mid-sized companies.
Capitale Rilancio is focused on Italian companies with annual sales over €50ml exerting leadership in their respective market segments, featuring distinctive positioning as well as operating in strategic sectors for the Italian economy.
Key objective of Capitale Rilancio investment strategy is the selection of companies presenting long-term growth and value creation opportunities via the implementation of operational and business turnaround processes leveraging on the following distinctive levers:
- New equity injections
- Strategic and operational support by Nextalia Capitale Rilancio team
- Strengthening of management teams, skills and competences based on market best practices
- Investments targeted at improving competitiveness as well as accelerating growth with a view to become best-in-class in the respective sector
KEY DISTINCTIVE FEATURES
EQUITY
- Equity or quasi-equity injections with a view to fund the business and operational turnaround
- Balance sheet bolstering also via debt restructurings
- Diversification as well as optimisation of funding sources
OPERATIONAL EXPERIENCE
- Highly specialised team with complementary skills, experiences and competences
- Tailor-made business-by-business approach (tailor made approach)
- Entrepreneurial spirit as well as strategic approach
AND SKILLS
- Set up of management incentives plans, development of skills and competences, strengthening of management teams
- Improvement of corporate governance and implementation of management tools on the basis of market best practice
- Equity appreciation with a view to maximise exit returns particularly via sales to trade buyers / long-term investors
AND SUSTAINABLE GROWTH
- Return-path to profitability and cash flow generation
- Operational and marketing/product improvements
- Setting of long-term strategic goals
- Inclusion of ESG criteria into management incentive schemes
INVESTMENT APPROACH
Key areas: strategy, production process and operations, organisation, innovation, marketing, export and sustainability
Key operating levers:
- Analysis and potential review of strategic goals in light of new equity resources injected by Nextalia Capitale Rilancio
- Enhanced focus on operations and production process efficiency / lean manufacturing
- Strengthening of organisation (incentives, skills and competences, motivation, relationships with Unions)
- Improvement and development of go-to-market approach with a view to exploit market trends (digitalisation, distribution channels and product development)
- Focus on modernisation, investments in new technologies as well as digital transformation with a view to bolster competitiveness
- Inorganic growth via M&A and Buy&Build strategies