ELITE is the private market connecting companies with diverse sources of capital to drive their growth.
ELITE launches in Italy in Borsa Italiana supported by institutional partners such as the Ministry of Economy and Finance, ABI (Italian Banks Association), Confindustria and Bocconi University. ELITE is a program for business support and capital raising, to help private small and medium-sized companies to boost the next stage of their growth, to prepare for external investment and to access capital markets.
While growing the network of companies and partners, ELITE creates a pioneering growth platform for founders and top executives to have peer-to-peer conversations, share expertise, and collective knowledge, increasing visibility and exposure in a confidential and secure environment.
Building on the Italian success, ELITE launches in the UK and Continental Europe supported by EU authorities to offer companies an effective pan-European environment where to prosper. Private companies join the training programme, a working zone supported with a tutorship model and get direct access to the financial community.
Breaking down the geographical barriers ELITE enters a series of partnerships to rollout glocal programmes to serve specific third-party clients spanning Europe, Africa, the Middle East, and the USA. In Italy ELITE kickstarts the successful format of the ELITE Lounge teaming up with the largest banks and advisory firms in the country.
Being a trusted network and platform for private companies and advisors, ELITE evolves into an independent company, part of the Borsa Italiana Group. Both the track record and robust pipeline as a deal destination bring the launch of the ELITE Club Deal private placement platform, the natural next step in the evolution of ELITE’s suite of business support services. It’s designed to bridge the funding gap by bringing together professional investors with high growth companies.
Cassa Depositi e Prestiti (CDP), the Italian National Promotional Institution, and NUO Capital, the Milan headquartered investment company of Hong Kong investment firm, partner with ELITE to consolidate its role as an international platform and strengthen its expansion. At the same time CDP and the European Investment Bank provide financing for 'Elite Basket Bond 1' as lead investors, resulting in the €122 million ten-year bond made up of 10 ELITE companies.
ELITE supports eToro raising $100 million of new financing from international investors, completing the first equity transaction. Alongside the capital raising, ELITE promotes sustainability across Leonardo supply-chain by launching the first Lounge with a corporate, ensuring a significant impact on the long-term growth plans within an innovative and integrated ecosystem capable of supporting social and economic development.
Following the success of Basket Bond I, ELITE designs new Basket Bonds with different stakeholders, banks and regions to provide funding support to growing companies in an efficient way. A total of 164 bond issuances will be collected in less than 4 years for a total amount of more than €525 million to support companies’ growth and drive job creation and innovation across the countries where they operate.
Aware of the complex moment for companies facing Covid-19, it is a source of particular pride and satisfaction for ELITE to overcome 228million euros capital raised by 56 companies. This confirms the commitment to developing capital markets by promoting innovative financial instruments at the service of companies and the real economy. ELITE also remains committed to provide business education and mentoring with the launch of the ‘ELITEtogether series', practical digital talks about navigating and adapting to the challenges of the time. Together, let's pave the path for a better present and a brighter future.
ELITE joins Euronext, together with Borsa Italiana Group, to connect European economies to global capital markets. Building on its track record, ELITE teams up with Cassa Depositi e Prestiti, Bpifrance and Team France Export to launch the first French-Italian accelerator and foster growth plans of admitted companies. Consistently with its strategy of more inclusive and equitable capital markets, ELITE also partners with Eni and illimity bank as arranger in the Basket Bond Sustainable Energy, the sustainability-linked financial tool for a low-carbon future.
The number of ELITE members has grown significantly over the years, welcoming more than 2,000 private firms worldwide. This is a testament to ELITE’s role in championing the best of European businesses, directing capital and solutions to support the change-makers and high-impact entrepreneurs. To date, ELITE companies have undertaken over 1200 transactions worth an aggregate value of approximately €13 billion, highlighting the importance of providing SMEs with efficient tools and access to private and public markets.
Behind the scenes of a company that is 10 years young.
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