Temasek partners Italian growth equity investor FSI to help Italian SMEs grow
Temasek has acquired a 9% strategic minority stake in FSI’s management company.
Singapore’s state investment firm Temasek has formed a strategic partnership with Italian growth equity investor FSI, expanding its involvement in the European country. The new collaboration allows Temasek to acquire a 9% minority stake in FSI’s management company and commit additional capital to its future funds. As of September 28, FSI manages approximately €5 billion (S$7.28 billion) in assets, primarily focused on Italian SMEs.
This partnership further enhances Temasek’s exposure to Italy’s mid-market, which comprises businesses with revenues between €70 million and €200 million. Italy has around 10,000 mid-market companies, with only 10% having attracted institutional investors or listed on a stock exchange. Temasek, which has been actively investing in Italy for over a decade, aims to leverage its sector expertise and global networks to help Italian companies expand internationally and achieve long-term growth.
The collaboration also strengthens FSI’s position to capture the potential of the Italian mid-market, where many companies aspire to grow or transition.
Written by urgent.news from Straits Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
