Company lists · Data refreshed September 2026

Top 25 Lower middle market equity firms based in Italy

RevenueBase identified 112 lower middle market equity firms headquartered in Italy as of September 2026 and tracks 1,169 professional contacts across them, including 538 with verified work emails. Milan is the largest hub.

This list covers lower middle market equity firms headquartered in Italy, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 20, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 20, 2026 86% judged on-target in blind review
112Companies
1,169Contacts tracked
538Verified emails
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The 25 largest lower middle market equity firms based in Italy

Ranked by team size
Top 25 of 112 lower middle market equity firms based in Italy, ranked by team size, largest first. Data refreshed Sep 20, 2026. RevenueBase Smart Search rates how each company's information relates to lower middle market equity firms: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Indirect evidenceRome, ItalyHQ checked Sep 20, 202651-200200 contacts →

Indirect evidence

“Siamo il più grande gestore di Venture Capital in Italia e tra i più grandi in Europa.”

Source: RevenueBase Database · checked Sep 20, 2026
2Partial evidenceTreviso, ItalyHQ checked Sep 20, 202651-200115 contacts →

Partial evidence

“21 Invest was founded in Italy in 1992 by Alessandro Benetton to invest in mid-market companies and make them grow.”

Source: RevenueBase Database · checked Sep 20, 2026
3Indirect evidenceMilan, ItalyHQ checked Sep 20, 202611-5087 contacts →

Indirect evidence

“Ethica Group was founded by a group of friends, a team of solid professionals and a pool of entrepreneurs with important values in common.”

Source: RevenueBase Database · checked Sep 20, 2026
4Indirect evidenceMilan, ItalyHQ checked Sep 20, 202651-20038 contacts →

Indirect evidence

“Sella Investment Banking, attraverso Sella Corporate & Investment Banking è partner strategico dell’imprenditoria italiana, focalizzato nella consulenza e nel reperimento di…”

Source: RevenueBase Database · checked Sep 20, 2026
5Indirect evidenceMilano, ItalyHQ checked Sep 20, 202611-5026 contacts →

Indirect evidence

“We are a team of professionals with deep experience gained from consultancy, investment banking and industry, based in Milan We invest in Italian Excellence, targeting…”

Source: RevenueBase Database · checked Sep 20, 2026
6Partial evidenceMilan, ItalyHQ checked Sep 20, 202611-5022 contacts →

Partial evidence

“Aksìa Group is an Italian private equity player, specialized in SMEs, that actively manages and develops the companies it acquires, providing them with finance, strategy…”

Source: RevenueBase Database · checked Sep 20, 2026
7Strong evidenceMilan, ItalyHQ checked Sep 20, 202611-5021 contacts →

Strong evidence

“Charme Capital Partners is a European mid-market private equity fund, supporting management teams and shareholders to achieve transformational change, growth and…”

Source: RevenueBase Database · checked Sep 20, 2026
8Indirect evidenceMilano, ItalyHQ checked Sep 20, 202611-5021 contacts →

Indirect evidence

“Riello Investimenti SGR è una società indipendente di gestione del risparmio attiva da oltre 20 anni nel settore degli Investimenti Alternativi, nella gestione di fondi di private…”

Source: RevenueBase Database · checked Sep 20, 2026
9Indirect evidenceMilan, ItalyHQ checked Sep 20, 202611-5021 contacts →

Indirect evidence

“KYIP Capital SGR is an independent fund management company managing over €190 million in assets, committed to supporting high-potential Italian SMEs in realizing their growth…”

Source: RevenueBase Database · checked Sep 20, 2026
10Partial evidenceMilan, ItalyHQ checked Sep 20, 20261-1020 contacts →

Partial evidence

“Metrika SGR is an independent established company specialized in the management and promotion of Private Equity funds investing in small and medium-sized enterprises, with…”

Source: RevenueBase Database · checked Sep 20, 2026
11Indirect evidenceMilano, ItalyHQ checked Sep 20, 202611-5017 contacts →

Indirect evidence

“Koinos is an investment company driven by entrepreneurial spirit.”

Source: RevenueBase Database · checked Sep 20, 2026
12Indirect evidenceMilano, ItalyHQ checked Sep 20, 202611-5016 contacts →

Indirect evidence

“QuattroR SGR S.p.A.”

Source: RevenueBase Database · checked Sep 20, 2026
13Indirect evidenceMilano, ItalyHQ checked Sep 20, 20261,001-5,00016 contacts →

Indirect evidence

“Mutares Italy è stata fondata nel 2017 e fa capo alla società di investimento Mutares SE & Co KGaA quotata alla borsa di Francoforte.”

Source: RevenueBase Database · checked Sep 20, 2026
14Indirect evidenceMilan, ItalyHQ checked Sep 20, 202611-5015 contacts →

Indirect evidence

“Alkemia Capital is an independent asset management firm dedicated to identifying and nurturing value through strategic investments.”

Source: RevenueBase Database · checked Sep 20, 2026
15Partial evidenceMilan, ItalyHQ checked Sep 20, 202611-5014 contacts →

Partial evidence

“Established in 2005, Progressio SGR is an independent Private Equity firm dedicated to fueling the growth of Italian SMEs.”

Source: RevenueBase Database · checked Sep 20, 2026
16Indirect evidenceBologna, ItalyHQ checked Sep 20, 20261-1014 contacts →

Indirect evidence

“B.group è una società di investimenti di matrice imprenditoriale, nata nel a Bologna.”

Source: RevenueBase Database · checked Sep 20, 2026
17Indirect evidenceBrescia, ItalyHQ checked Sep 20, 202611-5013 contacts →

Indirect evidence

“Axìa Network nasce dalla volontà di aiutare e supportare investitori e PMI nella conclusione efficace di operazioni straordinarie, mettendo a disposizione un pool di manager e…”

Source: RevenueBase Database · checked Sep 20, 2026
18Indirect evidenceVenice, ItalyHQ checked Sep 20, 20261-1013 contacts →

Indirect evidence

Source: RevenueBase Database · checked Sep 20, 2026
19Indirect evidenceMilano, ItalyHQ checked Sep 20, 20261-1011 contacts →

Indirect evidence

“Mazal Corporate Finance è specializzata nel fornire assistenza ai suoi Clienti in Operazioni M&A (sia in operazioni “Sell-side” sia “Buy-side”, affiancando quindi il Cliente in…”

Source: RevenueBase Database · checked Sep 20, 2026
20Indirect evidenceMilan, ItalyHQ checked Sep 20, 20261-1010 contacts →

Indirect evidence

“FG2 Capital is a financial services platform, whose distinctive model integrates investments with corporate advisory solutions for innovative, high-growth companies.”

Source: RevenueBase Database · checked Sep 20, 2026
21Partial evidenceMilano, ItalyHQ checked Sep 20, 20261-1010 contacts →

Partial evidence

“Siamo una società di private equity indipendente controllata dal management che affianca investitori istituzionali nell’investimento del capitale di piccole e medie aziende…”

Source: RevenueBase Database · checked Sep 20, 2026
22Partial evidenceRoma, ItalyHQ checked Sep 20, 20261-1010 contacts →

Partial evidence

“Ibla Capital is an independent investment company, targeting Private Equity investments in small and medium-sized businesses headquartered in Italy.”

Source: RevenueBase Database · checked Sep 20, 2026
23Indirect evidenceFlorence, ItalyHQ checked Sep 20, 20261-1010 contacts →

Indirect evidence

“SICI è una Società di Gestione del Risparmio indipendente nata a Firenze nel 1998.”

Source: RevenueBase Database · checked Sep 20, 2026
24Indirect evidenceMilano, ItalyHQ checked Sep 20, 20261-1010 contacts →

Indirect evidence

“First Capital S.p.A.”

Source: RevenueBase Database · checked Sep 20, 2026
25Indirect evidenceMilano, ItalyHQ checked Sep 20, 20261-109 contacts →

Indirect evidence

“District Advisory è una società indipendente specializzata nello studio, definizione e realizzazione di operazioni di finanza aziendale straordinaria quali acquisizioni e cessioni…”

Source: RevenueBase Database · checked Sep 20, 2026

Showing 25 of 112 lower middle market equity firms based in Italy

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Lower middle market equity firms based in Italy at a glance

As of Sep 20, 2026
46.0%Verified-email coverage
10.4Average contacts per company
1-10Median size (employees)
27.7%Largest-city concentration · Milan
Sep 20, 2026Page data refreshed

Companies by employee count

1-10
84
11-50
24
51-200
3
1,001-5,000
1

Email recency for this list is measured worldwide rather than for Italy, so it is reported there. Company counts and contact totals on this page are exact for Italy, over 112 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among lower middle market equity firms, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in Italy whose own description of what they do matches “lower middle market equity firms”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search
RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names lower middle market equity firms), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude
Companies whose own description does not clearly place them among lower middle market equity firms, and records with no verified work email. Companies headquartered outside Italy are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every listed company carries at least one verified work email, 538 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 20, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Lower middle market equity firms by metro

  • Lower middle market equity firms in Milan31
  • Lower middle market equity firms in Milano28

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names lower middle market equity firms, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many lower middle market equity firms are there based in Italy?

RevenueBase identified 112 lower middle market equity firms headquartered in Italy as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

CDP Venture Capital SGR, headquartered in Rome, tops this list with the largest team on record.

Which city has the most lower middle market equity firms?

Milan leads with 31 headquartered companies, followed by Milano (28) and Roma (6).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 538 verified decision-maker contacts tracked across these 112 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 20, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.