About us

Cavour Corporate Finance is an M&A BOUTIQUE firm which offers tailor made advisory services to satisfy every need in corporate finance transactions.

Cavour Corporate Finance (Cavour) aims to be a long standing partner for all  corporate finance needs, establishing close collaboration with its clients based on professionality and mutual trust.

During nearly 30 years of activity Cavour has closed more than 100 transactions, managing projects and advisory tasks in all industrial and services sectors.
To describe its distinctive feature in a single word , Cavour is a “glocal” partner, specialized in cross-border transactions with a customized approach and local competences.



Cavour Finanziaria was established in Bologna as the first M&A boutique in Emilia-Romagna region.


Cavour Finanziaria is renamed Cavour Corporate Finance in correspondence to the widening of its.


Cavour becomes Partner of Borsa Italiana and starts acting as Financial Advisor in IPOs.


Cavour joined IMAP (International network of M&A Partners), an international network formed by 50 M&A boutiques with over 300 deal makers in 30 countries worldwide.


Buckingham & Cavour Ltd is established in London as a joint venture between Cavour and Buckingham Corporate Finance, focused on consulting activity for UK listed Groups.


Cavour completed its first IPO, advising Pierrel Group in the operation.


Cavour receives the IMAP Award, a prestigious recognition awarded annually to the M&A Boutique that closed the highest number of transactions with other IMAP members during the year. In 2008 Cavour closed 9 deals, the best performance since its founding.


Cavour opens a new office in Milan and further expands its organization.


Antonio Zecchino, President of Cavour, is appointed IMAP Board member and President of the EMEA Council, in charge of managing the relationships between the 20 EU partners.


Cavour decides to leave the IMAP network, while maintaining close working relationships with most of its members, pursuing the opportunity to interact autonomously with other networks and other corporate finance boutiques for cross-border transactions.


Entry of new associate partners and development of strategic and management consulting services.


Cavour starts an exclusive partnership with Unindustria Bologna for the development of corporate finance services.

Partnership with Lexjus Sinacta and establishment of Bononia Corporate Finance.


Partnership with GCG Geneva Capital Group.

Cavour celebrates 30 years activity ……and the story goes…




Cavour Corporate Finance ensures maximum confidentiality throughout every phase of the transaction. Discretion is always at the forefront as it is considered a basic element for successful operations.

All the partners are independent and experienced professionals with specific and consolidated competences, developed in several years of experience in Italy and abroad.

As a result of a consolidated know-how in various industries, services and trading activities, Cavour ensures tailored-made solutions designed on clients’ specific needs, avoiding “standard” answers, while seeking creativity and flexibility in finding the most appropriate “ad hoc” solutions to maximize the clients’ goals



Cavour Corporate Finance is focused on:

Small and medium size companies, mainly family-owned, which wish to be sold.

Medium size companies and industrial groups, which want to grow through acquisitions or sell no more strategic or synergetic businesses.

Financial investors (PEGs) which are seeking investment opportunities in target companies or want to sell their portfolio companies and for add-ons acquisitions.

Focus on cross-border transactions by Italian groups which want to grow internationally and foreign groups interested to invest in Italian companies.



Cavour Corporate Finance has consolidated experience in solving problems connected to succession and handovers in family owned companies.
The family-owned businesses are still the strongest and most competitive players in the SME model, however, sometimes, they show an intrinsic element of weakness when entrepreneurial continuity in the long term cannot be guaranteed. Cavour has extensive experience with this kind of issues and is able to provide optimal solutions.



Cavour Corporate Finance has a deep knowledge of the Italian industrial and financial markets together with a consolidated ability to act internationally.

Being a member of international networks and having close and consolidated contacts with renowned foreign M&A Boutiques Cavour can provide the best assistance on a worldwide scenario.


Cavour Adivisory Board includes prominent personalities from the academic and institutional background, with the aim of periodically meeting and discussing on economics and finance issues.

The members of the Advisory Board

Former Minister of University and of Scientific and Technological Research Department of University from 1998 to 2001. Member of European Parliament from 1979 to 1984. Member of Italian Parliament during 3 governments, he has been in public offices from 1996 to 2001. Now he is a professor of the History of Medieval Institutions at University of Naples. He is member of various committees and scientific institutions.

He has been Vice President and Managing Director of Datalogic S.p.A., the major European player and the third worldwide producer of bar codes and RFID systems, listed at Star market. Tunioli has managed and closed the most important acquisition of Datalogic which purchased its US competitor PSC. With this operation Datalogic doubled its turnover (380 million Euro in 2006). He has been awarded Entrepreneur of the Year 2006 by E&Y. Currently Tugnoli is major shareholder and CEO of Fervi Srl.

Professor of Corporate Finance at Bologna University; he has been and dean of the Department of Economics at Bologna University. Official Auditor (Chartered Accountant). He is appreciated member of several associations. He wrote many scientific and academic articles in Italy and abroad.

He is the Director of the Department of Economics of Bologna University. His scientific interests are mainly in the field of corporate strategy and corporate matters regarding industrial and services companies. He wrote some books and many articles for national and international business magazines; the results of his research were presented in several lectures and conferences in Italy and abroad.

Full Professor of Management at the University of Bologna, he holds a Ph.D. in Business Administration. He teaches in several postgraduate courses (Profingest, LUISS, CUOA, ISTUD). Researcher for several financial institutions (CNA, Nomisma, Confindustria). Corporate advisor on programs of corporate re-organisation and practices of Knowledge Management (Ferrari, Maserati, Piaggio, Alitalia, Fila).

He was Chairman and majority shareholder of Arcte, international leading Group in manufacturing and distributing underwear and beachwear for men and women (brands Julipet, Allen Cox, Argento Vivo and Baci Rubati), with a annual sales volume of over 50 million Euro.The company has been sold to Alto Partners (Nov. 2005). Since 2006 he has been involved in venture capitalist activity & private investors.

Head of non insurance diversified companies at UnipolSai. Until June 2014 he was responsible of San Paolo IMI Private Equity Funds; he managed the investment activity of a 100 million Euro Fund for investments in small- medium size companies. Past experience as Director of 3i Group Bologna with the responsibility of the investment activity of the Private Equity Group in Emilia Romagna and in Center-Southern Italy. He started as investment banker in Rolofinance.

Founder, Chairman and Chief Executive Officer of Itway, a leading Group in engineering, production and distribution of e-business solutions, listed at Borsa. He is also Chairman of Itway France SARL, Itway Iberica SL, Business-e, Rigel and Managing Director of Itway Cube.

Chief Product & Innovation Officer of Teuco Guzzini Spa, leading company in whirlpools and hydromassages, consolidated turnover 60 million Euro and 580 people. He is also Member of the Board of FIMAG Group, the Holding Company of Guzzini family, and Managing Director of Gitronica Spa, company controlled by Teuco, established in 1990, which operates in the electronic control for household appliances, domotics and lighting systems. He is also member of the Board of Directors of Assobagno.