Clessidra Group
Clessidra Group is a Milan-based Italian alternative investment platform owned by Italmobiliare SpA, operating Private Equity (Clessidra PE SGR), Private Debt (Clessidra Capital Credit SGR), and Factoring subsidiaries to serve Italian mid-market companies and SMEs with growth capital, direct lending, restructuring, and receivables management solutions.
- Company typePrivate
- Founded2003
- HeadquartersMilan, Italy
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Clessidra Group does
Clessidra Group is a Milan-based Italian alternative investment platform founded in 2003 and wholly owned by Italmobiliare SpA since 2016. The group operates three core subsidiaries: Clessidra Private Equity SGR (mid-market private equity, with the fourth fund Clessidra Capital Partners 4 closed in 2023 and capital commitments exceeding €3 billion), Clessidra Capital Credit SGR (private debt, distressed debt and special situations, with the Private Debt II fund targeting €225 million and the Clessidra Credit Recovery Fund active in NPL portfolios), and Clessidra Factoring (receivables management and credit services, reporting €646.5 million turnover in 9M 2024 and €7 million+ net profit in 2025). The platform is complemented by the Green Harvest fund, an SFDR Article 9 agrifood vehicle targeting €150 million that exceeded its target in 2026.
Clessidra serves Italian mid-market companies and SMEs across the full capital structure, providing growth equity, buy-and-build consolidation capital, direct lending, restructuring, and factoring solutions. Its customer base spans industries including food and beverage, manufacturing, industrial technology, fashion and luxury, hospitality, and frozen food retail; recent transactions include MiCROTEC (wood/food scanning), Sopran Ciodue (fire security), D.I.MAR./Sapore di Mare (frozen seafood retail), Everton and Eastern Tea (tea and infusions), Molino Nicoli (cereal products), Human Company (open-air hospitality), and Arredo Plast (plastic injection moulding). Distribution is exclusively B2B through dedicated investment teams originating deals via Italian entrepreneurial networks, alongside institutional investor relations across Europe.
The business model is multi-stream: recurring management fees on PE, Private Debt, Green Harvest, and Recovery funds (typically 1.5–2% of committed capital); carried interest on PE exits (historically ~20% above hurdle); interest income, origination fees, and management fees on credit funds; and factoring commissions, guarantee fees, and interest on advances in the Factoring subsidiary. ESG is integrated across the investment lifecycle. Supporting technology is limited to a digital Factoring on Demand portal and an internal whistleblowing platform (clessidragroup.integrityline.com); Clessidra is not a technology company and does not disclose proprietary AI/ML capabilities.
Clessidra Group firmographics
Firmographics- Name
- Clessidra Group
- Legal name
- Clessidra Holding S.p.A.
- Website
- https://clessidragroup.it
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Clessidra Group is a Milan-based Italian alternative investment platform owned by Italmobiliare SpA, operating Private Equity (Clessidra PE SGR), Private Debt (Clessidra Capital Credit SGR), and Factoring subsidiaries to serve Italian mid-market companies and SMEs with growth capital, direct lending, restructuring, and receivables management solutions.
- Ownership category
- akta.pro rank
Clessidra Group industry classification
Industry- Product category
- Private Equity / Alternative Asset Management
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525), Collection Agencies (561440)
- SIC
- Asset-Backed Securities (6189), Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Private Credit — Structured Credit (CLOs, ABS, Private Securitizations) (FSAHAJAH)
- akta.pro secondary industry
- Structured Credit Distressed (CLO/ABS/RMBS/CMBS) Funds (FSANAKAJ)
Keywords
Where Clessidra Group is headquartered
LocationHeadquarters
- HQ city
- Milan
- HQ country
- Italy
- HQ region
- Europe
Offices3 records
Markets served
Clessidra Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Private Equity Fund Management: Clessidra Private Equity SGR manages private equity funds investing in Italian mid-market companies. Revenue is generated through management fees (typically 1.5-2% on committed capital) and carried interest (20% of profits above hurdle rate). The firm has raised multiple funds including Clessidra Capital Partners 4 and the Green Harvest agrifood fund.
- Private Debt/Credit Management: Clessidra Capital Credit SGR provides financing solutions to Italian SMEs through direct lending and credit funds. Generates revenue through interest income on loans, origination fees, and management fees on credit funds. The Clessidra Private Debt Fund II targets €225 million with a €300 million hard cap.
- Factoring Services: Clessidra Factoring provides receivables management, factoring, and credit services to Italian enterprises. Revenue comes from factoring commissions (credit management fees, guarantee commissions), interest on advances, and processing fees. The company reported €646.5 million turnover in 9M 2024.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Private Equity Fund Management - Management Fees and Carried Interest |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Clessidra Group product offering
Product offeringCore offering
Clessidra Group is an Italian alternative investment platform that delivers private equity, private debt, and factoring solutions to mid-market companies, family-owned businesses, and special situations. It operates through three regulated subsidiaries—Clessidra Private Equity SGR, Clessidra Capital Credit SGR, and Clessidra Factoring—providing capital across the corporate lifecycle from growth to restructuring. The firm also runs thematic strategies such as the Green Harvest Fund for agri-food investments.
Product overview
Clessidra Group operates as a multi-platform alternative investment group offering three core financial services: Private Equity (through Clessidra Private Equity SGR, managing funds targeting Italian mid-market companies), Private Debt (through Clessidra Capital Credit SGR, providing financing solutions for SMEs), and Factoring (through Clessidra Factoring, offering receivables management and credit services). The Group also operates the Green Harvest fund focused on agrifood sector investments. These platforms serve the Italian SME market through distinct but complementary financial products spanning the investment lifecycle.
Differentiator
Problem solved
Functional benefit
Products and services
- Clessidra Private Equity SGR
Quantifiable outcome
- 18.4% annualized ROE for Clessidra Factoring in 9M 2024
- +3 more outcomes
Companies that use Clessidra Group
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles2 records
Clessidra Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Clessidra Group partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- NPLight S.p.A.coreJoint venture company established by Banca Popolare di Sondrio, FBS, and Clessidra to act as special servicer for NPL portfolios. Clessidra Capital Credit holds a minority stake in NPLight S.p.A., created as part of the Platinum SPV securitization transaction.
- FBS S.p.A.coreFinancial services company acting as junior investor and sub-servicer in the Platinum SPV securitization. FBS holds majority in joint venture NPLight S.p.A. alongside Banca Popolare di Sondrio and Clessidra.
- HinescoreGlobal real estate investment manager partnering with Clessidra and Apollo in Human Company. Hines invested via a joint venture led by Apollo-managed funds. Clessidra and Hines each hold minority stakes in HU holding SpA for open-air hospitality development.
- Federico GiudiceandreacoreFounder and Chairman of MiCROTEC retained his stake in the company and continues involvement in R&D strategy, shepherding the business through its next wave of innovation alongside Clessidra.
- KYIP CapitalminorIndependent Italian fund management company with over €190 million AUM. Clessidra Capital Credit provided unitranche financing for KYIP's acquisition of Errevi System through a €17 million loan from the Clessidra Private Debt Fund.
- Nicoli FamilycoreFounding family of Molino Nicoli retained 30% stake following acquisition by Clessidra. The Nicoli family continues to support company development and management alongside Clessidra.
- Federico DoderocoreCEO of Everton retained a minority stake and continued in his operative role following Clessidra's acquisition of the tea and infusions company.
Scale indicators13 records
Recent moves7 records
Expansion highlights6 records
Clessidra Group competitors and assessment
Company assessmentDirect peers
- Banca Ifis: Italian challenger bank with a leading factoring and NPL servicing franchise directly comparable to Clessidra Factoring and Clessidra Credit Recovery Fund's distressed debt activities.
- Investindustrial: Long-established Italian/European mid-market private equity firm investing across Italian and southern European SMEs with similar mid-market focus, sector-agnostic approach, and growth/buy-and-build strategies as Clessidra Private Equity.
- Alto Partners: Italian mid-market private equity firm with multi-fund platform investing in Italian SMEs, directly comparable in target market and ticket size to Clessidra Private Equity.
- Wise SGR: Italian mid-market private equity firm managing multiple funds investing in Italian SMEs, with comparable deal sourcing networks and target company profiles to Clessidra Private Equity.
- Illimity Bank: Italian challenger bank specializing in distressed credit, special situations, and SME factoring, with a business model that directly overlaps Clessidra Capital Credit's special situations and Clessidra Factoring's SME receivables finance.
- Charme Capital Partners: Italian mid-market private equity firm investing in Italian SMEs with buy-and-build and growth strategies, overlapping directly with Clessidra PE's target market and deal sourcing networks.
- IDeA Capital (DeA Capital): Italian alternative asset manager operating private equity, private debt and other strategies targeting Italian SMEs. Closely comparable to Clessidra's multi-platform structure across PE and credit.
- doValue: Italian servicer specializing in non-performing loan (NPL) management, overlapping with Clessidra Capital Credit's NPL securitization and special-servicing activities (e.g., NPLight JV with Banca Popolare di Sondrio).
Broad incumbents
- Pemberton Asset Management: European private credit/direct lending manager with comparable unitranche and growth financing strategies to Clessidra Capital Credit's Private Debt Fund, though at larger pan-European scale.
- Bridgepoint: Large European mid-market private equity firm with established Italian presence and broader AUM base, overlapping with Clessidra's mid-market focus but at materially larger scale and with wider geographic mandate.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Clessidra Group social profiles
Digital presenceClessidra Group compliance and trust
Trust signalCompliance2 records
Clessidra Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Clessidra Group leadership team
Management profileNumber of profiles
Profiles9 records
Clessidra Group subsidiaries and ownership
Company hierarchySubsidiaries3 records
Clessidra Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Clessidra Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Clessidra Group
What does Clessidra Group do?
Clessidra Group is an Italian alternative investment platform that delivers private equity, private debt, and factoring solutions to mid-market companies, family-owned businesses, and special situations. It operates through three regulated subsidiaries—Clessidra Private Equity SGR, Clessidra Capital Credit SGR, and Clessidra Factoring—providing capital across the corporate lifecycle from growth to restructuring. The firm also runs thematic strategies such as the Green Harvest Fund for agri-food investments.
Is Clessidra Group a public or private company?
Clessidra Group is a private company. It is classified as corporate owned and is currently operating.
When was Clessidra Group founded?
Clessidra Group was founded in 2003. It employs 101 to 250 people.
Where is Clessidra Group based?
Clessidra Group is headquartered in Milan, Italy, in the Europe region.
How does Clessidra Group make money?
Three revenue lines are on record. Private Equity Fund Management is the primary driver. The others are private Debt/Credit Management and factoring Services.
Who are Clessidra Group's main competitors?
Direct peers on record are Banca Ifis, Investindustrial, Alto Partners, Wise SGR, Illimity Bank, Charme Capital Partners, IDeA Capital (DeA Capital) and doValue. Broad incumbents are Pemberton Asset Management and Bridgepoint.
Does Clessidra Group have an API?
No public API is recorded for Clessidra Group.
What industry is Clessidra Group in?
Clessidra Group's product category is Private Equity / Alternative Asset Management. Its primary akta.pro industry code is FSAHAJAH, Private Credit — Structured Credit (CLOs, ABS, Private Securitizations), with a secondary code of FSANAKAJ, Structured Credit Distressed (CLO/ABS/RMBS/CMBS) Funds. Its NAICS code is 525 and its SIC code is 6189.