IDeA Opportunity Fund I

Telit is the third worldwide player in the field of Machine-to-Machine (M2M) communication systems and in particular develops, manufactures and markets M2M modules which enable machines and vehicles to communicate via wireless networks. Telit is listed on AIM, the London Stock Exchange segment dedicated to small-mid cap companies in development stage. Telit holds about 600 employees and 18 regional offices, with legal headquarter in Rome, and the main operating office in Trieste. Throughout above 50 specialized distributor, Telit supplies more than 1,000 clients in 60 countries. On 25 February 2011 Telit, tramite un aumento di capitale riservato ad investitori istituzionali, tra i quali i fondi gestiti da Algebris e Kairos ed il rinomato fondo di venture capital Greylock ha finalizzato l’acquisizione del ramo d’azienda M2M di Motorola Israel Ltd, controllata di Motorola Inc., leader mondiale nella telefonia mobile. On 25 February 2011,Telit, through a reserved capital increase for institutional investors (besides IDEA OF I, funds managed by Kairos and Algebris and the renowned venture capital fund Greylock), completed the acquisition of the Motorola Israel Ltd M2M business unit, which was controlled by Motorola Inc., worldwide leader in the mobile communications.

Euticals is among the leading companies in Italy in the production of Active Principles Ingredients (API) for pharmaceutical industries operating in the generic drugs market and in the production of sterile API. Euticals produces about 80 active principles and holds a diversified and international client base of approximately 160 units. The company owns 11 plants certified GMP and based in Italy, France, Germany, United Kingdom and United States with a total of about 570 employees. In February 2011 Euticals acquired 100% of Archimica, a group active in the production of APIs and reactive for the pharmaceutical industry. The acquisition has allowed Euticals to achieve an established position worldwide and to develop its revenues with large pharmaceutical companies on a global basis.

Manutencoop is the leading Italian player in the Integrated Facility Management. The Group manages and provides a wide range of integrated multi-disciplinary services within the building environment with a focus on technical services and aims at optimizing non-core processes to enable cost reduction and efficiency for its clients. Manutencoop is currently organized in three strategic business areas (“ASA”): ASA Facility management ASA Laundering ASA Others (other activities including Property management e Project management of new buildings) Through a wide client base, mainly represented by local authorities, public service and hospitals, the business model is characterized by a high vertical integration with an operative approach.

Iacobucci HF is a leading manufacturer and supplier of aircraft interiors and worldwide leader in the production of espresso makers co-branded with Nespresso. Founded in 1972 by Emilio Iacobucci, the company started its product diversification in 1994 when the son Lucio joined. Iacobucci HF is currently employing about 200 people who operates through a sales network split into 2 macro-areas (commercial aviation and general aviation). Among its clients are the main worldwide airline companies and the most important aircraft manufactures such as Airbus and Boeing. Iacobucci HF has also developed a customed product line for the private jet, and maintains strategic partnerships with main business jets manufacturers. Iacobucci HF has recently launched the VIP seats business unit, in co-operation with BMW Group’s company Designworks USA.

Corin Group is a leading manufacturer and supplier of orthopedics prosthesis, with focus on hip and knee segment. The company was founded in 1985, developing its business internationally in the United States in 1992, in Japan and Australia with the opening of branch offices in 1997. Corin is based in Cirencester (UK) and assembles all medical devices on the factory site. Corin uses mainly two channels of promotion / distribution: direct networks that promote its products through doctors or key opinion leaders in the UK, Australia, Germany, Japan, USA and China, and distributors who provide and promote the medical devices in different countries.

Giochi Preziosi is the Italian market leader and the seventh operator worldwide, following Mattel and Hasbro, in the distribution and retail of children toys, with a wide range of products from early childhood through the teenage. In addition, the Group runs the leading toy retail chain in Italy. The Group is organized in 5 divisions: - Toys Italy, the division dedicated to the manufacturing and distribution of proprietary toys (e.g. Cicciobello, Gormiti) as well as toys based on licensed characters, often related to successful cartoons or movies - Toys International, the division dedicated to the distribution of toys mainly through subsidiaries and partnerships with strategic local players - Retail Italy, the division that manages directly approximately 130 specialized stores (Toys Center), and about 425 retail stores in franchising (Giocheria e Amico Giò) - Retail International, the division that manages directly over 150 specialized stores in France and Switzerland through its subsidiary King Jouet - Horizontal Businesses, the division dedicated to extend the company brands (proprietary and licensed toys) in other segments related to children world (e.g baby products branded Giordani, sweet and sour snack branded Salati Preziosi)

Talgo is a leading Spanish company active in the design and manufacturing of innovative solutions for the rolling stocks market (e.g. high-speed trains and wagons). Founded by the Oriol family in 1942 with the support of the Spanish engineer Mr. Goicoechea, who invented the proprietary Talgo technology, the Company runs 3 business units: - trains design and manufacturing - building of systems for the automatic maintenance of some rolling stocks parts - trains maintenance through long term contracts The company has the potential for a worldwide coverage throughout the participation to international tenders, also in consortium with other players, and is supported by local advisors in private commercial transactions. Among the top clients, Talgo rates national and private railways companies operating in different countries. Talgo has 2 proprietary factories in Spain (Las Matas and Rivabellosa, Madrid), 5 rented locations for the maintenance of RENFE trains; 2 rented factories in Kazakhstan, 2 in the United States and 1 in Germany for Deutsche Bahn.

Elemaster Group is a leader in the electronic industry sector (ODM / EMS), providing experience and innovation to its customers (OEM) in several industrial sectors with a wide range of services that cover the entire life cycle of products.The company is specialized in manufacturing low volumes of high-tech printed circuit boards and final assembly of specific devices. Elemaster was founded in 1978 by Gabriele Cogliati, still Chairman and Chief Executive Officer of the company. Since 2012 Elemaster started developing its business internationally in USA through the support of an Indian partner (Sienna Corporation) and in China with an Italian company (OMP). Elemaster is based in Lomagna (LC), close to Milan, and currently runs 3 factories in Italy (Elemaster, Eleprint e Elesystem), 1 in the USA (Elesienna), 1 in China (Elemechtron), and 1 in Bizerte (Eleonetech) with a Tunisian partner. Clients portfolio is highly diversified in three main sectors: - transportation - medical devices - energy & cleantech and industrial automation

Grandi Navi Veloci (“GNV”) is a leading Italian shipping company active both in the passenger and freight maritime transportation on Mediterranean routes. Founded by Aldo Grimaldi in 1992, the company was the first to enter into the Mediterranean ferry boats market known as cruise ferry, provided with a higher charging capacity and speed, with top-level interiors typical of cruise ships. GNV operates throughout long distance Mediterranean routes, with a focus on links between Northern Italy, Sardinia (Genoa-Porto Torres), Sicily (Genoa-Palermo and Rome-Palermo) and Malta. In addition, it connects Italy and Spain (Barcelona), Tunisia (Tunisi), and Morocco (Tangier). www3.gnv.it