Rooted in Southern Italy, connected internationally.
An independent M&A and Corporate Finance boutique, specialised in supporting entrepreneurs, industrial groups and institutional investors in extraordinary transactions, acquisitions and growth journeys. Firmly rooted in Southern Italy, with an international outlook.
Selected Transactions
M&A, capital raising and structured finance transactions completed alongside Italian and international entrepreneurs, companies and investors.
Sale of I‑Vet S.r.l. to Vimian GroupUndisclosedSell-side financial advisorCapital raising2026
Capital increase on Euronext Growth Milan€1.2 millionFinancial advisor to the company and the investorsBuy-side2026
Agreements and letters of intent for an acquisition€5 millionBuy-side financial advisorCapital raising2026
Equity and debt for the Secret Zanzibar boutique hotel€15.8 millionFinancial advisor to Victaura CapitalProject finance2025
Project finance for the Gricignano di Aversa cemetery€4.7 millionFinancial advisor to the proposing companyBuy-side2024
Acquisition of Madò Group by Lumina Holding€1 millionBuy-side financial advisorStrong roots in Southern Italy, a national reach and international relationships.
We are one of the few M&A specialists based in Southern Italy. We work across the country, talk every day with foreign investors and have already closed transactions with international counterparties.
Six situations in which
we stand beside a company
Selling your business
A sale is prepared months before the search for a buyer begins.
Acquiring
For industrial groups, funds and family offices we identify the companies to acquire and run the transaction from analysis to closing.
Raising capital
A financial partner, a capital increase, a listing on Euronext Growth Milan, a structured financing.
Generational transition
The children in the business, an external manager, a minority partner, a fund, a sale.
Project finance and PPP
We support private sponsors and local authorities in structuring projects with a sustainable economic and financial plan and a clear allocation of risks.
Strategy and corporate finance
Business plans, valuations, management control, restructuring.
Why entrust us with your transaction
Analytical rigour and direct involvement of the partners, from set-up to closing. Five concrete reasons.
Agile structure
A compact team in which the people who decide work on the deal. Answers come quickly and execution stays precise at every stage, without the layers of a large organisation.
Proactive origination
We do not wait for the market to move. We seek out the counterparties, investors and opportunities best suited to each mandate, in Italy and abroad.
Privileged access to the business community
We know local companies closely, especially in Southern Italy, where specialist M&A advisors are few. We reach companies that often do not appear in databases.
An established investor network
Direct, long-standing relationships with private equity funds, family offices and industrial investors, in Italy and abroad. We know whom to approach with a deal and how to present it.
Direct involvement of the Managing Partners
The Managing Partners personally lead every phase, from the first meeting to closing. Every client has a senior counterpart who knows the file in detail.
We do not only advise Italian companies looking for capital. International investors also choose us to find opportunities in Italy.
Forty.5 Ventures, an international venture capital firm with offices in Los Angeles, Belgrade and Singapore, has chosen us as its exclusive partner for Italy. From Naples, Milan and London we support foreign funds, family offices and investors in the Italian market.
The partners
Pietro Reccia
Founder & Managing Partner · ChairmanFounder of Renovarum. Formerly at Deloitte Consulting and ONEtoONE Corporate Finance. Advises on M&A, capital raising and project finance.
Stefano Mercaldo
Co-Founder & Managing PartnerForbes 30 Under 30 Europe 2026, Finance. Chartered accountant, formerly at PwC and Accenture. CFO of Renovarum.
Riccardo Maria Monti
Partner & Chief Strategy OfficerFormer President of ICE and former Chairman of Grandi Stazioni and Italferr. Chairman of Triboo and of Forty.5 Ventures.
Salvatore Sinigaglia
PartnerEntrepreneur and industrial partner. Founder and Managing Partner of Lumina Holding, a group of more than ten companies in six countries.
A leak can cost a deal. That is why a company’s name reaches a buyer only after a non-disclosure agreement.
Luiss Business School and the UniVertis Master
- 2026Luiss Business School, Villa BlancThe programme
- 2026UniVertis Master, Scuola di Finanza OperativaThe programme
In the press
- Forbes
- Financecommunity
- Vimian
Analysis and guides for business decisions
Renovarum’s view on M&A, capital and business growth, published in Italian.
Tell us what you need by writing to info@renovarum.com.
Your message will be handled directly by the Managing Partners, with the discretion every project requires.