An independent boutique, born in Campania.
Since 2021, with offices in Naples, Milan and London. Roots in Southern Italy, a national reach and international relationships.
Renovarum Capital advises entrepreneurs, families and investors on the transactions that shape a company’s future.
Pietro Reccia founded the firm in 2021. In 2024 Stefano Mercaldo joined as co-founder and together they created Renovarum Capital, focused on extraordinary transactions: selling and buying companies, opening their capital, financing projects, supporting a generational transition.
We are one of the few M&A specialists in Southern Italy, and we have shown that relevant transactions can be closed in a market where firms like ours are still rare. It is an identity we hold on to.
We work between Naples and Milan. Milan is the centre of Italian finance, where funds, investment banks, family offices and the Stock Exchange meet. Naples and Southern Italy are home to many growing companies looking for capital. Being in both cities lets us bring together those who have capital and those who have companies. Our London address keeps us close to the foreign investors we are in constant dialogue with.
Pietro Reccia comes from Deloitte Consulting and ONEtoONE Corporate Finance, Stefano Mercaldo from PwC Transaction Services and Accenture Corporate Finance. We kept the method of those firms and bring it to Italian mid-sized companies, with a partner on every transaction.
In 2026 Riccardo Maria Monti, former Chairman of the Italian Trade Agency (ICE) and of Grandi Stazioni, joined the share capital and the Board, bringing thirty years of work with companies and governments in more than forty countries.
In the same year Pietro Reccia and Stefano Mercaldo launched Renovarum Investments, the investment division that brings private capital into Italian SMEs through club deals and co-investments, with a particular focus on Southern Italy.
A company renews itself when it changes hands, opens its capital or passes to the next generation.
Five commitments
The long term
We choose clients who take a long-term view of their business. Every engagement is a relationship of trust.
Experience and method
Backgrounds at Deloitte, PwC, Accenture, ONEtoONE and Value Partners, and a team of analysts trained alongside the partners. Continuous learning is part of the method.
Independent
No bank behind us. Our advice looks to the transaction and to the client who entrusted it to us.
A partner on every mandate
Every mandate has a lead partner, who stays the same through to closing. That is why we work for a select number of clients at a time.
Confidentiality
Of any mandate, we disclose only what the client has chosen to make public.
- 2021
Pietro Reccia founds the company, Renovarum Consulting.
- 2024
Stefano Mercaldo joins Pietro Reccia as co-founder. Renovarum Capital is created, dedicated to corporate transactions.
- 2025
We join AIFI. We act as sell-side advisor on the sale of I‑Vet to Vimian Group.
- 2026
Riccardo Maria Monti joins the shareholders and the Board. Forbes names Stefano Mercaldo among Europe’s 30 Under 30 in finance. Renovarum Investments, the investment division, is launched. Forty.5 Ventures chooses us as its exclusive partner for Italy. We teach on master’s programmes at Luiss Business School.
Who leads the firm
- ChairmanPietro Reccia
- DirectorStefano Mercaldo
- DirectorRiccardo Maria Monti
- DirectorSalvatore Sinigaglia
Associations and partnerships
- FORTY.5VENTURES
- LUMiNAHOLDING
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.