Gradiente originated from the management team’s and eminent institutional investors’ initiative in order to support economic development through medium to long-term investments.
During its first years Gradiente stood out at a national level by combining its own analytical approach, attention to detail, and depth of analysis. This entrepreneurial attitude led it to be very active in the various business development stages of its portfolio companies.
Gradiente boasts a team of Italian professionals who have gained experience abroad, are independent and free to operate while respecting precise standards, able to combine financial skills with entrepreneurship, the wisdom of their shareholders, and market liveliness.
Fourth investment for Gradiente II Fund
Gradiente II completes the investment in Arcansas S.r.l., a company specializing in the production of profiles for coatings, hygienic connections, floors and hardware/D.I.Y.
Investment in surface treatments creating Argos Surface Technologies Group
Gradiente II acquires a controlling stake of Argos S.p.A. and Aalberts Surface Treatment Italy S.r.l. and signs a binding purchase agreement of Impreglon Italia S.r.l. thus establishing Argos Surface Technologies Group with the intention to become one of the key players in the Italian surface treatment market
Gradiente I sells share capital in Dierregroup to NB AURORA S.A. SICAF-RAIF
Gradiente I sells the 46.1% stake, equal to the entire share capital held in Dierre Group. Dierre Group is an Italian leading company in the design, manufacture and sale of protections and components for industrial automation
Gradiente I sells controlling stake of Cadicagroup to H.I.G. Capital
Cadicagroup is a company specializing in labels, tags and packaging accessories for the main clothing brands in premium and absolute luxury segments
Gradiente II sells the majority of Coldline to Nice Group S.p.A.
Gradiente II sells the majority shareholding in Coldline to Nice Group and its subsidiary TheNiceKitchen. Coldline has a long and well-established leadership in the production of professional refrigerators
Final closing for Gradiente II
Final closing for Gradiente II Fund at the hard cap of € 135 million, with commitments from a diverse group of Italian, European and U.S. Investors, surpassing its target of € 120 million
Second and third closing of Gradiente II and first investments
Second and third closing of Gradiente II and first investments in HPF S.r.l., a company active in the production of special forgings for the medical, power generation, aerospace and automotive markets, and Cold Line S.r.l., a company active in the production of professional refrigerating equipment for the foodservice and domestic markets.
Divestments and first closing of Gradiente II
3 divestments through the sale of portfolio companies Tapì S.p.A., TR Alucap S.r.l. and Vetroelite S.p.A.
First closing of the second flagship fund Gradiente II.
Last investment for Gradiente I
Investment in Dierre S.p.A., a company that manufactures protective devices, aluminum piping, linear runners and conveyor belts. With Dierre, Gradiente achieved 8 investments through Gradiente I.
First investment of Invest in Modena and other investments
First investment for Invest in Modena in META S.p.A., a company specializing in precision mechanics manufacturing.
Investments of Gradiente I in Lanificio dell’Olivo S.p.A., a company specializing in exclusive yarns for the knitwear market and in Buona Compagnia Gourmet S.r.l., a company which produces potato gnocchi (or dumplings) and fresh sauces.
Launch of Invest in Modena and other investments
Launch of a fund focused on the entire area of Modena with specific attention to the companies affected by the 2012 earthquake.
Acquisition of the Mexican group Tapones, a company specializing in the production and marketing of stoppers made of synthetic and natural materials, through the portfolio company Tapì S.p.A.
Investment of Gradiente I in TR Alucap S.r.l., a company specializing in the production of aluminum lids for the food market.
Gradiente continues to invest
Investments of Gradiente I in Cadicagroup S.p.A., a company specializing in the design and marketing of labels for the apparel market and in Vetroelite S.p.A., acompany which designs and markets special glass.
Acquisition of Microcell S.r.l., a company which produces and markets synthetic corks for the wine market through the portfolio company Tapì S.p.A.
Final closing of Gradiente I and first investments
Final closing of the Gradiente I fund with committed capital of 76 million euros.
Investment of Gradiente I in Spiller S.p.A., a company which manages a chain of restaurants and bars and in Tapì S.p.A., a company which produces synthetic stoppers for the spirits, food, and cosmetics market.
Bank of Italy authorization
Bank of Italy authorization allowing Gradiente to promote and manage closed end funds dedicated to institutional investors and approval of the Gradiente I regulation, the first fund sponsored and managed by Gradiente SGR.
Incorporation of Gradiente
Gradiente SGR was incorporated on November 6, 2009.
Gradiente SGR is a limited company with € 1,200,000 joint stock, registered under no. 128 of the SGR Register Section, of Alternative Investment Funds Managers. The joint stock is held by three shareholders:
- Management Team
- Fondazione Cassa Risparmio di Padova e Rovigo
- Fondazione Cassa di Risparmio di Lucca
Gradiente’s Board of Directors, which holds all authorizations regarding investment selections, consists of five members:
ANTONIO CORTELLAZZO, Chairman
PIETRO BUSNARDO, CEO
CARLO BORTOLOZZO, Director
FABRIZIO GRASSO, Director
GIUSEPPE PICCINOTTI, Director
The Board of Statutory Auditors consists of:
ANNALIA PEDERZOLI, Chairman
CARMEN PEZZUTO, Standing statutory auditor
FEDERICO MEO, Standing statutory auditor
The auditing company is KPMG.