F&P Equity Partners
Also known as FP Equity Partners, F&P4BIZ
Independent Milan private equity boutique (2023, successor of F&P4BIZ) running deal-by-deal club deals in Italian industrial and service companies with revenue up to €100M.
- HEADQUARTERS
- Milan, Italy
- FOUNDED
- 2023
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 5 people
Focus
- STAGES
- GrowthBuyout
- SECTORS
- Industrial & Manufacturing
- ASSET MIX
- Private equity
- GEOGRAPHY
- Italy
Overview
F&P Equity Partners was founded in 2023 by Guglielmo Fiocchi, Maurizio Perroni and Andrea Lovato with the RTZ professional network as the successor of F&P4BIZ, which Fiocchi and Perroni set up in 2019. It invests on a deal-by-deal club-deal basis: for each transaction it promotes and manages a new vehicle capitalised by co-investors, mainly industrial investors, alongside its partners' own money. Deals are mostly family buyouts and leveraged buyouts of Italian industrial and service companies, often with the founding family reinvesting.
Investment thesis
Majority or minority stakes in unlisted Italian industrial and service companies with revenue up to €100M through capital increases or share purchases: expansion capital, replacement capital and buyouts, especially family buyouts in generational transitions, with industrial and managerial support and buy-and-build.
PORTFOLIO (6)
- PanzeriNOTABLEConsumer & E-commerce · since 2023
- NachmannIndustrial & Manufacturing · since 2025
- Industrial & Manufacturing · since 2023
- Industrial & Manufacturing · since 2019
- since 2020 · Exited
- Industrial & Manufacturing · since 2021 · Exited
People
Links
Frequently asked questions
F&P Equity Partners is a private equity fund based in Milan, Italy, founded in 2023.
Yes. F&P Equity Partners invests its own capital in private companies.
F&P Equity Partners invests at Growth and Buyout stages in Industrial & Manufacturing.
F&P Equity Partners's stated ticket size is €10M–€30M.
Key people at F&P Equity Partners include Guglielmo Fiocchi (Founder and Managing Partner), Maurizio Perroni (Founder and Managing Partner), Andrea Lovato (Founder and Managing Partner) and Lorenzo Rutigliano (Board Member (partner of RTZ)).
F&P Equity Partners's investments include Panzeri, Nachmann, Righi Elettroservizi, Test Industry, BluVet and FARMA group.
The most recent publicly reported investment by F&P Equity Partners is Nachmann (Majority LBO via club-deal vehicle (60%)), announced in Nov 2025.
Yes. F&P Equity Partners manages capital from outside investors.