Founded in 1973 as Euromobiliare, Equita has a long-standing tradition of independent investment banking. Today Equita is a key player among financial institutions and corporates, having participated in the most significant financial transactions executed in Italy over the last 20 years.
After the period in which it belonged to both foreign and Italian banking groups (Midland Bank since 1988 and Credito Emiliano since 1994), the top management of Euromobiliare – leading shareholder since 2002 – completed a management buyout at the end of 2007, supported by the private equity funds J.C. Flowers & Co. and Mid Industry Capital.
In 2008 Euromobiliare changed its name to Equita that evokes the founding principles of the company: equity brokerage, corporate finance, strong roots in the domestic market, ethical standards and transparency.
The Equita story, step by step
Our storyline has several key milestones. Find them out together:
Euromobiliare is incorporated and becomes one of the first Italian private merchant banks
Euromobiliare is listed on the Italian Stock Exchange
Midland Bank plc acquires control of Euromobiliare
Euromobiliare SIM is incorporated, following the entry into force of the Italian Law 1/1991
Credito Emiliano acquires control of Euromobiliare, followed by a reverse merger and listing operation
The private equity fund J.C. Flowers & Co., supported by Mid Industry Capital, acquires control of Euromobiliare SIM
Euromobiliare SIM becomes Equita SIM
The Management of Equita SIM and Alessandro Profumo acquire a majority stake of 50.5% in J.C. Flowers & Co.
Reorganisation of control and corporate governance structure begins with the incorporation of Equita Group, holding company owning 100% of Equita SIM
Equita Group is admitted to trading on the AIM Italia market on 21 November 2017 and started its trading on 23 November 2017
The subsidiary Equita SIM completed the acquisition of the business unit of Brokerage & Primary Markets and Market Making activities of Nexi, strengthening its competences and its positioning in the market
Equita started the listing process of its holding company Equita Group on the Italian Stock Exchange (MTA) and asked the status of STAR listed company. Equita Group was admitted to listing on 19 October 2018, with first trading day on 23 October 2018
Equita Capital SGR, the management company of the Group aimed at managing liquid and illiquid assets on behalf of institutional investors and banking groups looking for ad-hoc investment solutions for their retail clients, is established
Equita acquires a 70% stake in K Finance, primary Italian independent corporate finance boutique specialised in M&A Advisory. With this acquisition, the Equita Group consolidates its role of independent advisor in M&A transactions and positions among the top 10 M&A advisors in Italy by number of deals
Equita achieves its 2020-2022 targets one year in advance and commits to a new three-year business plan with financial and sustainability-linked targets to 2024.
Management signs a new shareholders' agreement to renew the partnership