Tecnocap is one of the 16 companies to have received the 2014 Elite certificate for their commitment and results achieved during the program.
Born from the collaboration between the Italian Stock Exchange and several leading banks and launched by Borsa Italiana, ELITE is a project to help small and mid-sized firms (SME) and to open the door to “big” companies.
Among the 31 new companies which joined the program, there were larger groups such as Ansaldo Energia, Kedrion, Sia and Valvitalia (all partly owned by state-backed Italian Strategic Fund, Fsi), as well as Egea and Gruppo Industriale Maccaferri. The goal, for almost every one, is to debut sooner or later on the capital markets. With 31 new firms in Italy and 16 in the UK, the number of participating companies has risen to more than 200.
Amongst them, 15 are planning an initial share offering, with TechValue being the first to debute on the AIM of Borsa Italiana. There have also been 13 private equity deals, 10 mini-bond transactions (for a value of 291 million euros), 35 M&A and joint venture deals.
Sixteen companies have received the ELITE certificate: Bomi Italia, C.M.D., DBA GROUP, Drogheria e Alimentari, Finlogic, Global System International, Iacobucchi HF Aerospace, Industrie De Nora, Masi Agricola, Industrial, Sorgent.e, Svas Biosana, Tech-Value, Tecnocap, Welcome italia and WIIT.
“The ELITE Certificate” Michelangelo Morlicchio said “represents the result of our commitment and achievements within this training program which required engineering, production and financial skills to comply with the principles of visibility and transparency and meet the challenges of international capital markets”.