Italy Private Equity Market

Italy Private Equity Market Overview:

The Italy private equity market size reached USD 18,269.37 Million in 2024. The market is projected to reach USD 38,899.70 Million by 2033, exhibiting a growth rate (CAGR) of 8.76% during 2025-2033. The market is powered by increasing interest in technology-enabled firms, rising cross-border M&A, the wealth immigration wave to Milan, and SME succession dynamics. Consolidation across traditional sectors further enhances Italy private equity market share.

Italy Private Equity Market Trends:

Milan's Role as a Growing Financial Hub

Milan is evolving into a significant centre for private equity in Italy, driven by tax regime changes in the UK that have led high-net-worth individuals and firms to relocate. Asset managers and private equity houses are establishing bases in Milan to serve wealthy clients and tap into a dense SME ecosystem ripe for succession planning. The city’s favorable tax incentives, economic vibrancy, and thriving SME sector enhance local deal flow. As migration flows funnel capital and expertise into Milan, PE activity in succession, direct lending, and corporate transformation is intensifying, boosting Italy private equity market growth regionally. For instance, in January 2025, Investcorp signed an agreement to acquire Epipoli, an Italian alternative payments enabler, from Bregal Milestone and founder Gaetano Giannetto. Epipoli, based in Milan, specializes in CRM and loyalty programs, with over 6 million consumers. Investcorp aims to accelerate Epipoli's growth and international expansion in the alternative payments sector.

Consolidation and Succession in Family SMEs

Italy’s longstanding presence of family-owned SMEs is creating significant private equity opportunities, particularly in sectors entering generational transition or professionalization phases. Private equity firms are helping these businesses restructure governance, attract external management, and scale operations, often via add-on acquisitions. PE investments in industrial manufacturing, retail, and food & beverage aim to unlock value while preserving cultural and entrepreneurial heritage. This consolidation strategy addresses succession challenges and supports long-term value creation. Through targeted investment in family SMEs, private equity is contributing to Italy private equity market growth by enabling sustainable company evolution and enhancing market depth. For instance, in July 2025, the Moratti and Gavio families acquired stakes in Italian private equity firm Nextalia, enhancing its position in Italy’s private markets. Nextalia's flagship fund raised €370m in three months, surpassing targets.

Italy Private Equity Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country/regional levels for 2025-2033. Our report has categorized the market based on fund type.

Fund Type Insights: 

• Buyout
• Venture Capital (VCs)
• Real Estate
• Infrastructure
• Others

The report has provided a detailed breakup and analysis of the market based on the fund type. This includes buyout, venture capital (VCs), real estate, infrastructure, and others.

Regional Insights:

• Northwest
• Northeast
• Central
• South
• Others

The report has also provided a comprehensive analysis of all the major regional markets, which include Northwest, Northeast, Central, South, and others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Italy Private Equity Market News:

• In July 2025, Asian private equity firm FountainVest agreed to buy a 45.7% stake in Italy’s EuroGroup Laminations, an electric motor component maker, from EMS Euro Management for €3.85 per share, a 64% premium. The deal, valued at €626 Million, includes plans to eventually take the company private by acquiring the remaining shares.
• In July 2025, Partners Group and Sella SGR launched Italy’s first evergreen private equity ELTIF fund, the Partners Group Private Equity Opportunities SICAV. Available to retail investors with a minimum subscription of €10,000, the fund offers semi-liquid access to private equity, monthly subscriptions, and quarterly redemptions. It is ESG-compliant and provides diversified exposure to unlisted companies.

Italy Private Equity Market Report Coverage:

Key Questions Answered in This Report:

• How has the Italy private equity market performed so far and how will it perform in the coming years?
• What is the breakup of the Italy private equity market on the basis of fund type?
• What is the breakup of the Italy private equity market on the basis of region?
• What are the various stages in the value chain of the Italy private equity market? 
• What are the key driving factors and challenges in the Italy private equity market?
• What is the structure of the Italy private equity market and who are the key players?
• What is the degree of competition in the Italy private equity market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Italy private equity market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Italy private equity market.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Italy private equity industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.