Tamburi investment partners Spa announces the establishment of "Tip pre-Ipo" ("Tipo") to invest in small and medium-sized Italian companies that assume an irrevocable commitment to be listed on the Stock Exchange within five years.
The project, underlined Gianni Tamburi, founder and number one of Tip, was created to address the large influx of foreign capital, which arrived in Europe last summer and which no one expected.
According to what emerged this morning during the press conference, the main characteristics of the company will therefore be the purchase of minority shares in excellent companies – with turnover between 30 and 200 million euros; the start-up of a public company with “on call” capital and very limited costs; the booking, where possible, of shares in future IPOs; a way-out -forward- through exchanges with Tip shares and a benefit of Tip's know-how and network.
The reference sector is manufacturing, with particular attention to the world of fashion, luxury and design. “We don't invest in banks and real estate but we don't want to have limits”, announces Tamburi.
The companies subject to Type of interest must have a minimum Ebitda margin of 10% and a maximum net financial position/Ebitda ratio of 2 times in order to be profitable and financially balanced, with particular attention to the companies participating in the elite program of Borsa Italiana.
Like, it will invest in equity not only through IPOs but also through capital increases of listed companies with a capitalization of less than 100 million and convertible bonds with warrants. The company aims for a minimum funding of 100-200 million euros and will have a maximum of 50 shareholders, with a limit of 5 million for institutional investors and 2 million for family offices.
