Sviluppo Imprese Centro Italia
Also known as SICI SGR, SICI, Sviluppo Imprese Centro Italia SGR S.p.A., S.I.C.I. Sviluppo Imprese Centro Italia Sgr S.p.A.
Florence SGR, set up in 1998 by Fidi Toscana and Tuscan banks, managing closed-end funds that invest equity, quasi-equity and minibonds in unlisted SMEs of central Italy.
- HEADQUARTERS
- Florence, Italy
- FOUNDED
- 1998
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 7 people
Focus
- STAGES
- SeedSeries AGrowth
- SECTORS
- —
- ASSET MIX
- Private equityVenture capitalPrivate credit
- GEOGRAPHY
- Italy
Overview
Sviluppo Imprese Centro Italia SGR S.p.A. (SICI) was set up in Florence in 1998 by Fidi Toscana, MPS Capital Services, CR Firenze and CR Lucca-Pisa-Livorno, and was authorised by the Bank of Italy in April 1999. It has launched six closed-end alternative investment funds totalling about €150M and made 126 investments in sectors from fashion and food to biotech and advanced mechanics. Its shareholders are Fidi Toscana (31%), Intesa Sanpaolo (20%), Banca MPS (15%), Gepafin (14%), Banca Popolare di Vicenza in LCA (10%) and Crédit Agricole Italia (10%).
Investment thesis
Unlisted SMEs in central Italy with growth plans (capex, internationalisation, acquisitions, generational change): minority equity via capital increases, convertibles and flexible private-debt instruments with participation in value creation; tickets €0.5–5M over 3–7 years. Regional mandates add start-up and innovation investing in Umbria and co-investment in Tuscan cooperatives.
PORTFOLIO (16)
- Dora Bruschi 1934Consumer & E-commerce · since 2024
- TempestiniFood & Agriculture · since 2024
- BMB Manifattura BorseConsumer & E-commerce
- Luperini ProductionIndustrial & Manufacturing
- F.A. GroupIndustrial & Manufacturing
- Fincantieri Infrastrutture Sociali
- Tuscany Holdings (ArteOlio)Food & Agriculture
- Pertici IndustriesIndustrial & Manufacturing
- Flea Soc. AgricolaFood & Agriculture
- RecuperiamoFood & Agriculture · since 2024
- CentsFintech · since 2024
- Pambuffetti AutomobiliMobility & Logistics
- Comi AerospaceIndustrial & Manufacturing
- since 2025
- Mobility & Logistics · since 2026
- since 2026
People
- Guido TommeiGeneral Manager · source
- Francesco CastaldelliDeputy General Manager · source
- Gianni BruschiniDeputy General Manager · source
- Laura CeccatiniSenior Investment Manager / VC specialist · source
- Martina BensiJunior Investment Analyst · source
- Gabriele BorgioliJunior Investment Analyst · source
- Vittorio GabbaniniChairman · source
Links
Frequently asked questions
Sviluppo Imprese Centro Italia is a private equity fund based in Florence, Italy, founded in 1998.
Yes. Sviluppo Imprese Centro Italia invests its own capital in private companies.
Sviluppo Imprese Centro Italia invests at Seed, Series A and Growth stages.
Sviluppo Imprese Centro Italia's stated ticket size is €500K–€5M.
Key people at Sviluppo Imprese Centro Italia include Guido Tommei (General Manager), Francesco Castaldelli (Deputy General Manager), Gianni Bruschini (Deputy General Manager) and Laura Ceccatini (Senior Investment Manager / VC specialist).
Sviluppo Imprese Centro Italia's investments include Dora Bruschi 1934, Tempestini, BMB Manifattura Borse, Luperini Production, F.A. Group, Fincantieri Infrastrutture Sociali, Tuscany Holdings (ArteOlio) and Pertici Industries, among others.
The most recent publicly reported investment by Sviluppo Imprese Centro Italia is Dora Bruschi 1934 (€300k convertible minibond (Fondo Rilancio e Sviluppo)), announced in Oct 2024.
Sviluppo Imprese Centro Italia states that it accepts submissions through its official contact page.
Yes. Sviluppo Imprese Centro Italia manages capital from outside investors.