Small Cap

Investment in companies with EBITDA lower than € 3 mln

Since 2021 we have invested in profitable companies, founded and managed by young entrepreneurs with c. € 10 m revenues and € 3 m EBITDA, specialised in:

B2B innovative services based on strong logical cognitive skills acting in high growth segments (i.e. digital transformation, data analytics, martech, AI, ciber security, etc). These companies provide their services via an own software or technological platforms which allow a high scalability and recurrent revenues

B2B manufacturers with a proprietary product know-how that can provide high value added services in businesses where innovation and flexibility are key and can counterbalance the positive correlation between size and competitiveness


Examples of past investments are:

First Advisory

Leader in Italy in the private insurance market by selling single premium life policies to high net worth individuals. Thanks to a proprietary technology platform the company connects insurance companies with distributors delivering highly scalable solutions.


One of the most advanced cyber security player in Italy which thanks to a Security Operations Center supplies sophisticated detention, response and recover services to face cyber attacks in large organizations.

Easy Welfare (now Edenred Italia)

A pioneer in the introduction of flexible benefits in the Italian market with 100% digital solutions, a network of 15 thousand affiliated sale points, a fully mobile suite and a platform dedicated to corporate clients.