Ferrari, GVS and CY4Gate are the winners of the eighth edition of the award for the best strategy on capital markets
The awards – promoted by Equita with the sponsorship of Bocconi University and Borsa Italiana – were handed during the webinar “Shareholders’ ownership characteristics of Italian listed companies: do they really matter for firm’s performance”, the annual event hosted by Equita and Bocconi University to encourage the debate on capital markets
Milan, 30 March 2021
On 29 March 2021, Equita – the leading independent investment bank in Italy – announced the winners of the eighth edition of its “Award for the best strategy on capital markets”.
The prize – handed by Equita with the sponsorship of Bocconi University and Borsa Italiana – awards the companies that distinguished in debt and equity fund raising activities and that exploited capital markets to implement their strategic plans and achieve business goals.
Marco Clerici, Co-Head of Investment Banking at Equita, commented: “The strategies awarded by Equita are a clear example of how capital markets can help corporates to raise additional funds – either debt or equity – to finance business development and boost growth”.
The winners were announced during the webinar “Shareholders’ ownership characteristics of Italian listed companies: do they really matter for firm’s performance?”:
Ferrari, leading global designer, manufacturer and retailer of luxury sports cars and symbol of excellence and exclusivity all over the world, ranked No. 1 in the “Fund raising in Debt Capital Markets” category. The debt issue is aimed at financing the general corporate purposes. Leonardo and Campari ranked No. 2 and No. 3 respectively.
GVS, one of the world leaders in the supply of filtering solutions for applications in the Healthcare & Life Sciences, ranked No. 1 in the “Fund raising in Equity Capital Markets - MTA” category. The transaction was the only IPO closed on the regulated market in 2020 and the proceeds will finance organic and inorganic growth, as well as R&D investments. Nexi and Falck Renewables ranked No. 2 and No. 3 respectively.
CY4Gate, a company acting in all areas of the cyber industry and representing a business model unique in Italy as well as in Europe, ranked No. 1 in the “Fund raising in Equity Capital Markets - AIM” category. The proceeds of the IPO will finance innovation and product development and will accelerate the growth of the business. Labomar and Tecma Solutions ranked No. 2 and No. 3 respectively.
The transactions awarded are clear examples of how capital markets are key when corporates look for new capital to be invested in growth strategies, without totally relying on the banking channel. Today more than ever, especially after the spread of the Covid-19 pandemic at a global level, it is crucial to promote initiatives aimed at protecting and sustaining the development of capital markets, in order to ease corporates in raising new equity and debt capital when they need.
The winning strategies were selected by a panel of highly regarded judges - chaired by Francesco Perilli, Chairman Equita Group – and composed by: Paolo Basilico (CEO, Samhita Investments), Stefano Caselli (Dean of International Affairs, Bocconi University), Paolo Colonna (Chairman, Creazione di Valore), Claudio Costamagna (Chairman, CC & Soci), Rodolfo De Benedetti (Chairman CIR), Stefano Gatti (Antin IP Associate Professor of Infrastructure Finance, Bocconi University), Alessandra Gritti (Vice-Chairman and CEO, Tamburi Investment Partners), Raffaele Jerusalmi (CEO, Borsa Italiana), Paolo Marchesini (Group CFO, Campari Group), Marina Natale (CEO, AMCO), Umberto Nicodano (Partner, Studio Legale Bonelli Erede), Claudia Parzani (Managing Partner, Western Europe Linklaters), Fabrizio Viola (Partner and Chairman, Cap Advisory) and Andrea Vismara (CEO, Equita).