Abstract
Private Equity and Venture Capital Activity has been proposed as one of the main investment innovation of modern economies, it acts as a driving engine of the development of economic systems all over the world. The purpose of this paper is to analize 137 investment transactions, and the related disinvestment, which participated in the 10th editions of the "Premio Claudio Dematté, Private Equity of the Year" awards. This “competition” has the aim to bring out the operations which represent for quality and relevance, the flagship of Italian Private Equity market, I decided to investigate beyond these "Italian jewels "to better understand what are the basic dynamics to deserve an investment transaction. The result of the analysis shows that an operation, to be called successful, will be mainly characterized by the constructive relationship that has been created between the investor and the entrepreneur. In these cases the intervention of the funds shows that in order to support the growth of the firm in which the funds has invested it is not enough to "inflate" the results and economic performance of the operation, but most of all it is necessary to support firms along a more complex process of management’s growth supporting business man regarding not only financial operations, but also in the operating area.. Investors support managers during the internationalization processes that are the foundations for the growth of a company that wants to become truly competitive and they help our business fabric to become more dynamic and less familiar-cutted. Private Equity can be therefore considered one of the engines of growth, consolidation, development and, where necessary, of restructuring of the industrial fabric that characterizes our Country.