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Private Equity FundAllocates capital directlyActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 12 SOURCES

Armònia SGR

Also known as Armonia SGR, Armònia SGR S.p.A., ARMONIA SOCIETA' DI GESTIONE DEL RISPARMIO SPA, Armònia

Rome/Milan independent, manager-owned private equity SGR running Armònia Italy Fund and Fund II; €25–75m buy-and-build investments in Made in Italy SMEs.

Not to be confused with Armonia LLC (US single-family office).

HEADQUARTERS
Rome, Italy
FOUNDED
—
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
10 people

FOCUS

STAGES
Buyout
ASSET MIX
Private equity
GEOGRAPHY
Italy

WHAT IT IS

Private Equity Fund. A fund manager investing limited-partner capital into mature private companies.

ABOUT

Armònia SGR is an independent Italian private equity manager owned and controlled by its managers, with offices in Rome and Milan. It manages two closed-end alternative funds reserved for institutional investors, Armònia Italy Fund and Armònia Italy Fund II, which consolidate Made in Italy SMEs through buy-and-build strategies with investments of €25–75m each. Targets include machinery, mechanics, pharmaceuticals, nutraceuticals, services, consumer goods, food and luxury companies facing generational change or a lack of capital or management.

INVESTMENT THESIS

Buy-and-build consolidation of internationally active Made in Italy SMEs with unexpressed growth potential and relevant market positions, removing growth blocks such as generational change, lack of management or capital and missed M&A; prefers proprietary deals negotiated directly with sellers.

PORTFOLIO (12)

  • Prevenzione e Salute HoldingNOTABLE
    HealthTech · since 2025
  • Quick GroupNOTABLE
    Industrial & Manufacturing · since 2022
  • New Trendup
    Consumer & E-commerce · since 2025
  • Bia
    Food & Agriculture · since 2025
  • ATTA
    Industrial & Manufacturing
  • Consumer & E-commerce · since 2025
  • Aurora X
    Industrial & Manufacturing
  • Induplast Group
    Industrial & Manufacturing
  • Arrigoni
    Food & Agriculture
  • Estendo
  • Gruppo Servizi Associati
  • Alberto Aspesi & C.
    Consumer & E-commerce

TEAM

  • Alessandro Grimaldi
    Founding Partner - CEO · source
  • Francesco Chiappetta
    Founding Partner - Deputy Chairman · source
  • Manuel Catalano
    Deputy Chairman · source
  • Alessandro Papetti
    Senior Partner e Board Member · source
  • Maurizio Fanetti
    Partner · source
  • Fabrizio Di Amato
    Founder · source
  • Sigieri Diaz Pallavicini
    Founder · source
  • Lucia Segni
    COO & Head of ESG · source
  • Marco Formicola
    Investment Director · source
  • Matteo Cangiano
    Investment Director · source

LINKS

FAQ

Armònia SGR is a private equity fund based in Rome, Italy.

Yes. Armònia SGR invests directly in private companies.

Armònia SGR invests at Buyout stage in Consumer & E-commerce, Industrial & Manufacturing, Food & Agriculture and HealthTech.

Armònia SGR's stated ticket size is €25M–€75M.

Key people at Armònia SGR include Alessandro Grimaldi (Founding Partner - CEO), Francesco Chiappetta (Founding Partner - Deputy Chairman), Manuel Catalano (Deputy Chairman) and Alessandro Papetti (Senior Partner e Board Member).

Armònia SGR's investments include Prevenzione e Salute Holding, Quick Group, New Trendup, Bia, ATTA, Millefili, Aurora X and Induplast Group, among others.

The most recent publicly reported investment by Armònia SGR is Prevenzione e Salute Holding (PSH) (Buyout (Armònia Italy Fund II; acquisition announced 14 Nov 2025)), announced in Dec 2025.

Yes. Armònia SGR manages capital from outside investors.