De Agostini

Overview

De Agostini S.p.A. is the holding company of a diversified group controlled by the Boroli and Drago families, which trace the business back to Istituto Geografico De Agostini, founded in 1901 and acquired by Marco Adolfo Boroli in 1919. Its portfolio includes De Agostini Editore (publishing), Brightstar Lottery (formerly IGT's lottery business), Banijay Group, Atresmedia and Planeta Formación y Universidades (with Grupo Planeta), the real estate asset manager DeA Capital Real Estate, pharmaceutical contract manufacturer Content Group (100% from 2024), and minority stakes in Venchi (10.28%, 2024) and Legami (42%, November 2025). In 2025 it agreed to sell DeA Capital Alternative Funds SGR to Green Arrow Capital, and Enrico and Nicola Drago (fourth generation) took over leadership of the group. The 2025 consolidated net revenue was about EUR 2,660 million.

Investment thesis

Seeks companies led by entrepreneurs and managers who share its values, with or aspiring to a unique market position, and with Italian roots but an international vocation; offers patient capital, governance and support with generational transitions (official site).

Holdings & investments (11)

INVESTMENT ARMS & VEHICLES

• DeA Capital Real Estate
  Real estate asset management company (AIFs); EUR 11.6bn in assets across 50 funds, per the group site

HOLDINGS & INVESTMENTS · MOST RECENT FIRST

• Brightstar Lottery (listed, NYSE)NOTABLE
  Consumer & E-commerce
• Banijay Group (listed, Amsterdam)NOTABLE
  Media & Entertainment
• Content Group (100%)NOTABLE
  HealthTech · since 2024
• Legami (42%)NOTABLE
  Consumer & E-commerce · since 2025
• Venchi (10.28%)
  Food & Agriculture · since 2024
• Atresmedia (joint venture with Grupo Planeta)
  Media & Entertainment
• Planeta Formación y Universidades (joint venture with Grupo Planeta)
  Education
• De Agostini Editore
  Media & Entertainment
• DeA Capital Real Estate
  Real Estate & PropTech
• IGT
  Consumer & E-commerce
• DeA Capital Alternative Funds SGR
  Sale of 100% to Green Arrow Capital agreed August 2025

People

• Andrea Casarotti
  Chief Investment & Strategy Officer · source
• Enrico Drago
  Executive Chairman · source
• Nicola Drago
  Executive Vice Chairman · source
• Alessandro Vergottini
  Chief Operating Officer · source
• Paolo Albertini
  Director · source
• Pietro Boroli
  Director · source
• Mario Cesari
  Director · source
• Carlo Ferrari Ardicini
  Director · source
• Giovanna Gregori
  Director · source
• Marco Sala
  Director · source
• Francesca Signorelli
  Director · source
• Paolo Tacchini
  Director · source
• Monica Poggio
  Director · source

Frequently asked questions