Advisory for Italian Mid Caps
A single specialized team that brings in-house expertise in Performance Improvement and Corporate Finance to accelerate the growth path.
With interventions in administration, finance and control, we make the business more organized and profitable, working on the concrete levers that increase economic and financial results, defining the growth plan that supports business continuity, and guiding it to the capital markets.
It's the same expertise we put to work for extraordinary transactions when they arise. We lead the sale, the entry of a new partner or the acquisition as a specialist advisor embedded within the company.
We are a single team, a single advisor in Finance. Strategy, organization, processes and tools to keep the numbers under control month by month, and concrete work on the levers that increase margin and free up cash: EBITDA and working capital. The same expertise we bring to bear when the time comes to sell, bring in a partner or acquire, leading the transaction through to the end.
The operating partner in the mid-market with vertical expertise in economic-financial performance. Deal flow and speed in mid-market due diligence, and the same team on post-merger integration: processes, reporting and the target's industrial plan from day one after closing.
Performance Improvement builds and grows the company's value day after day; Corporate Finance brings it to light and realizes it on the market at the moment of the transaction. For the more specialized parts we bring in vertical resources, but there's always a single conductor: two areas, one team.
The value that grows over time
The ongoing work that makes the company more legible, more solid and more profitable: margin recovered, cash freed up, processes and data in order, tools to decide with. It's the ground on which every transaction matures.
The engine of the relationship
Organization and governance, management control and reporting, margin recovery, cash and working capital management, finance leadership in support or outsourcing, industrial plan.
Tax dynamics
The legal, corporate and governance structure supporting the plan and the transactions, managed by the Thera Tax division.
theratax.itTools and digitalization
Custom-built dashboards and tools to monitor company data, decide based on the numbers and streamline internal work.
The extraordinary transaction
We turn exit projects into reality and build aggregations through build-up plans, bringing companies closer to the world of finance. We prepare the company and its numbers, and lead the transaction through to the end.
Sale and purchase of companies, investor entry, debt and new finance, aggregations between multiple companies. We prepare the company and its numbers, then lead the transaction through to closing, alongside the entrepreneur.
Clients come to us at four moments in a company's life: when it needs to grow, when it needs to plan for succession, when it's sold or a partner comes in, and after the deal, when it needs to integrate.
The business faces growth that its previous structure can no longer support: it needs organization, an adequate finance function, control over the numbers and orderly access to banks and capital. It's the advisory work that ties us to a company the longest.
The business is doing well, but has no plan beyond whoever leads it today: it lacks someone to take management in hand, an organization that gives solidity to business continuity. We put governance and numbers in order, give the entrepreneur a measure of their company's value, and design the plan that secures its continuity, before an emergency decides it instead.
The entrepreneur wants to get the most out of the sale, or bring in a fund to accelerate growth on the right terms, and be represented by someone who knows the numbers better than the counterparty. In this phase we prepare the company and lead the transaction through to closing, alongside the entrepreneur.
Whoever bought needs to make the integration work: bringing together the processes, governance and numbers of the merged companies, and turning the plan into results. It's the phase where we make the group more profitable and create the conditions to accelerate the growth process.
Our support produces measurable results at every stage of a company's life: when it grows, when it's sold and when it integrates.
+13,9%
Growth
Average EBITDA increase achieved in engagements lasting over 12 months compared to the starting position, thanks to targeted interventions on costs, processes and organization.
−5,1 person-days
Administration, Finance and Control
Monthly reduction achieved in engagements lasting over 12 months in the AFC area compared to the starting position, through formalized processes and artificial intelligence tools.
Exit
Sale
Preparation and execution of the sale with shorter closing times and a clearer exit strategy.
Post
Integration
After the merger, processes and reporting ready to plan and monitor results from day one.
A selection of the most recent major transactions handled by the team, presented anonymously. The method is only as good as the results it produces.
Browse the transactionsVertical expertise, delivering economic and financial results through AFC and tax levers, at the service of companies, investment holdings and funds. The same specialization that makes a company more profitable also guides extraordinary transactions along its growth path.
How it begins. A business assessment that shows where the lost margin lies and what the company is worth on the market today.
How it continues. Ongoing support on management control, cash and planning, with a fixed-cadence committee alongside the entrepreneur.
When the transaction is needed. The same team leads it, with no handover to an external advisor.
EBITDA >€2,5M · Indicative revenue €20–300M
Structuring and governance. Design of the holding and the club deal, corporate and tax compliance, written investment policies.
Deals and investments. Scouting and validation of opportunities, due diligence, advisory through to completion.
Oversight of portfolio companies. Monitoring returns, checking performance and corrective action on portfolio companies.
Pre-deal. Origination and scouting on the ground, business assessment and simulation of the target's economics.
Deal. Business, financial and tax due diligence through to closing, with tax structuring of the transaction.
Post-merger. Industrial plan and deployment, integration of planning and control processes, reporting to the fund, build-up plan.
We understand markets, trends and specific dynamics, to guide you toward your goals with concrete expertise.
Healthcare, MedTech, medical devices and biotechnology
Digital services, technology, artificial intelligence and AI
Manufacturing, packaging, polymers and industrial mechanics
Fashion, luxury, footwear and sportswear
We collaborate with leading academic institutions in the region to bring together technical expertise, research and strategic vision.
Advanced managerial and entrepreneurial education, culture open to action.
cuoa.itResearch and academic collaboration in economics and tax law.
unipd.itThe names mentioned are the property of their respective owners and are shown here solely to illustrate these collaboration relationships.
Let's talk about your goals. Together, we'll define the most effective path for your growth.
