03 May 23

• 31 companies from 10 different Italian regions and representing 13 sectors join ELITE

• ELITE, Euronext’s ecosystem that supports SMEs in their long-term sustainable growth, now reaches more than 1,400 companies

• ELITE launches its new certificates on Strategy & Finance, Sustainability and Corporate Governance

Milan – 3 May 2023 – Euronext today announced that ELITE, the European network of private SMEs that accelerates the process to access private and public capital markets, part of Euronext Group, welcomes 31 companies extending its reach to over 1,400 firms.
The new Italian cohort comes from ten different regions of Italy and represents a wide range of sectors from General Industrial to Support Services and Construction & Material. ELITE gives companies the opportunity to access a series of services designed to support their long-term sustainable growth and facilitate access to the capital market and alternative sources of financing. As of today, over 260 ELITE companies have raised approximately €920 million with Basket Bond®transactions, 58 companies have gone public raising €3.8 billion, 136 companies have issued 196 bonds raising €2.8 billion and 426 companies have managed over 1,000 M&A deals.

ELITE also launches its new certificates on Strategy & Finance, Sustainability and Corporate Governance, which recognise key aspects in the growth of companies.Today market operators increasingly take into account extra-financial factors, and in particular ESG factors. The new ELITE certificates represent an important competitive advantage for companies that want to align with the current best market practices.

Marta Testi, CEO of ELITE, said: “We are delighted to welcome over 30 companies to ELITE today. ELITE is a bridge between ambitious firms and the private and public capital markets with the aim of supporting them throughout their journey and providing them with the necessary tools to transform their strategic plans into tangible growth initiatives. Today’s competitive environment and constantly evolving context requires the use of new tools to take up challenges, manage changes and prepare for the future. We would like to thank BDO, Banca Popolare di Ragusa, Cassa Padana, Ethica Group and Revinet, which have supported some of the new companies joining ELITE today, and all the partners who have been an important part of our activities for over ten years. The new cohort adds to the 46 firms that have already joined ELITE since the beginning of 2023, a key year for ELITE as it marks a new phase of growth in Europe as part of the leading pan-European market infrastructure, Euronext."

Download the pdf to discover about the new joiners