CatCap and Palladio Corporate Finance have provided advisory services to the investment management and advisory firm Cipio Partners during the exit of their shares in Italian security services and software firm eMaze Networks SpA via a management buyout.
Cipio assumed a 99% shareholding position in eMaze when it acquired an investment portfolio from Alice Ventures, the venture capital arm of Mediobanca SpA, in late 2011. “We spent the last two years focusing the business on its core competency of security consulting and customized software development for blue chip Italian and multinational corporates. During this time, we significantly increased profitability and company value, working closely with eMaze’s current CEO Domenico Cavaliere, whom we brought in as chairman in 2011,” said Christoph Wedegaertner, Senior Principal at Cipio Partners.
Milan- and Trieste-based eMaze specialises in complex IT security consulting and software development and offers outsourced real-time security monitoring services for large multinationals.
About Cipio Partners: Cipio Partners is a leading investment management and advisory firm in the secondary direct market. Founded in 2003, Cipio Partners manages an international portfolio of growth stage technology investments from offices in Luxembourg, Munich, and San Jose, CA. The firm has approximately €300m of assets under management.
About Palladio Corporate Finance: Palladio Corporate Finance is the division of Palladio Finanziaria Group specialized in design, development and execution of corporate finance transactions and project financing. The team consists of professionals with a comprehensive multi-disciplinary industry and financial expertise acquired in investment banks and industrial corporations. The group’s solid capital structure and relationships with leading financial institutions and international industrial operators allow to assist clients in identifying and executing corporate finance transactions in line with their strategic objectives.
About CatCap GmbH: CatCap supports knowledge-based enterprises and their shareholders concerning the sale of shares and endowment with equity capital, the optimization of corporate portfolios and other strategic capital transactions at partner and enterprise level. Assistance is also provided to VC/private equity investors in the analysis of potential investments or during the divestment of their portfolio companies. CatCap has been one of the top performers in the German corporate finance sector for transactions under €50m for a number of years.
About the Globalscope network: CatCap and Palladio Corporate Finance are both members of the international Globalscope network of corporate finance and business advisers. Founded in 1987, Globalscope now has 30 members on every continent in 24 countries. The focus is set on cross-border M&A and managing the diverse issues arising in the implementation of business growth or reorganisation and realisation strategies whether this is through acquisition, divestment, sale, restructuring, international joint ventures or licensing initiatives. Michael Moritz, Managing Partner at CatCap, is currently President of the Globalscope network.