Mediobanca calls on industrial families to push companies – Corriere.it

Mediobanca calls industrial families to support growing companies. At the center is Tatuus Racing, based in Lainate (Milan), where it produces components and open-wheeled single-seater racing cars that race in the FIA ​​and non-FIA championships – between Formula 4 and Formula Regional, key categories for drivers in Formula 1 -, with customers such as Renault Sport. Indeed these days the new investment by Mediobanca Private banking is being completedstudied on behalf of wealthy clients collected in The equity club (Tec).
aclub deal operation through which Mediobanca brings investors such as Branca, Doris, Domp and Marzotto onto the track, and arrives at the ninth investment. Which closely follows those in Jakala and Philogen, La Bottega dell’Albergo, Lincotek, HSA, Cy4Gate and Art. The investment in Tec’s Tatuus is based on an enterprise value of 60 million. According to a scheme under definition, Tec will take over from Wise Equity which has 64.8% of Tatuus since 2017, when the fund entered to support the first phase of growth of the company which has revenues of 41.6 million and is growing at an average rate annual growth of 16% since 2019, with an ebitda margin of 15%.

Mediobanca thus pushes investment banking services combined with management of large private assetswhich is also bringing results to the bank led by CEO Alberto Nagel: assets under management in the first half of 2022-23 increased by €1.5 billion, also thanks to synergies with the corporate investment banking division.
The other novelty is that to strengthen the private banking team led by Angelo Vigan, Mediobanca is looking at market opportunities and enlists Luca Sicari, previously head of the Ultra high net worth segment of Credit Suisse, who will strengthen his presence in Rome. Five other experienced Credit Suisse professionals join him: Romeo Adinolfi, Enrico Blasetti, Cristiano Castellani, Simone Gervasi and Matteo Steve.

Returning to Tatuus, the objective of the investment is to support the development of the company with the creation of an integrated platform which promotes the consolidation of other companies in engineering, composite materials, electronics and grand touring. In the capital of Tatuus – supplier of engines through ATM and of garage components through Breda – the entrepreneurs remain: the president Gian Franco De Bellis and the ceo Giovanni Delfino.