Press releases

Private public equity investment fund “PIPE” managed by Alkemia Capital Partners invests in DHH through the purchase of its own shares

Milan, 3 May 2024. DHH S.p.A. (“DHH” or the “Company”) (DHH.MI | WDHH21.MI) (ISIN shares IT0005203622) announces that today it sold 100.957 of its own shares to the “PIPE” fund (private investment in public equity) managed by Alkemia Capital Partners SGR S.p.A., at a price of Euro 14,8 per share. The PIPE fund also bought at the same values an additional 130.538 shares from Antonio Baldassarra, Matija Jekovec and other shareholders, coming to hold a total of 4,73% of the Company’s capital.

The operation allows DHH to add a strategic financial partner to its shareholders, bringing its expertise to support the development of DHH’s business project.

The “PIPE” fund is a reserved closed-end fund recently launched by Alkemia Capital Partners SGR S.p.A. with the collaboration of Amber Capital Italia SGR S.p.A., focused on investment operations in listed companies with capitalizations between Euro 50 million and Euro 500 million and operating in sectors with a high rate of innovation.

DHH President Giandomenico Sica commented, “During the nine years since its conception, DHH has grown from a simple idea on paper into a leading multinational technology company in its field. This development has been possible thanks to the reinvestment of equity capital, the support of banks in M&A deals, and the trust and patience of investors who have supported our entrepreneurial project. We now believe it is essential to present DHH’s history and prospects to a wider audience of investors, both in Italy and internationally, to ensure that the valuation of our shares accurately reflects the company’s performance and to be able, if necessary, to attract additional financial resources for growth through acquisitions. The involvement of significant institutional funds in our shareholder base appears crucial, and - in this light - the sale of treasury shares to Alkemia Capital Partners’ PIPE fund is a strategic element in strengthening DHH’s visibility in the financial market.

For us, DHH is a company with great untapped potential that is active in a high-growth sector globally, which has demonstrated strong organic growth over the years as well as the ability to acquire companies to expand its geographic presence as well as its product and service offerings,” says Giacomo Picchetto, partner at Alkemia Capital. “With our investment, we intend to offer DHH more potential to expand its presence in Italian and foreign markets and consolidate its leadership in the technology market.

We are very pleased with this second investment operation carried out by the PIPE fund and the constructive dialogue that has been established with the company’s management. We are very confident that we will be able to bring - in full respect of everyone’s roles - our contribution as investors who have been present in the Italian market for more than 20 years, with the aim of making the financial market rediscover this extraordinary industrial reality, accompanying it on the path of growth for the coming years,” declares Giorgio Martorelli, Ceo/partner at Amber Capital.