Secondaries

Updated:

Metrika

Metrika SGR is an independent investment platform specialized in driving Italy’s industrial transformation. Discover our expertise in industrial SMEs,...

Metrika logo

Metrika

Metrika SGR is an independent investment platform specialized in driving Italy’s industrial transformation. Discover our expertise in industrial SMEs, sustainable investments, and technological innovation.

General information

Firm type

Secondary

Year founded

2019

AUM

Undisclosed

Location

Region

Europe

Country

Italy

City

Milano

Corporate office

Milano, Italy

Principals

Marco Giuseppini

Chief Executive Officer & Founder

Nicola Pietralunga

Managing Partner

Emidio Cacciapuoti

President

Mirco Gobbo

Chief Financial Officer

Gabriele Giustino

Investment Director

Sector focus

CybersecurityMarTekIndustrial TechMechanicsHeat TreatmentsMachineryChemicalDental Implantology

Frequently asked questions

Who runs investment decisions at Metrika?

Chief Executive Officer Marco Giuseppini and Managing Partner Nicola Pietralunga lead the firm. Giuseppini, a former 21 Investimenti and Mandarin Capital Partners dealmaker, founded Metrika in 2019. Pietralunga previously ran the private equity area at Quadrivio Capital SGR. Investment Director Gabriele Giustino joined in November 2021 after working at Argos Wityu and Bravo Capital Partners.

Does Metrika operate as a single family office or a fund manager?

Metrika is a regulated asset management company (SGR) that raises capital from international family offices, pension funds, and institutional investors — it is not a family office. The firm manages multiple fund strategies within a single SGR platform and has no disclosed connection to a single family's wealth.

What kind of companies does Metrika acquire?

Metrika targets majority stakes in Italian industrial SMEs where succession, international expansion, or operational modernization can unlock value. Portfolio companies range from a heat treatment specialist founded in 1947 (Proterm) to a cybersecurity managed services provider (QiNet, exited) and a dental implant manufacturer (Agliati). Deal sizes are undisclosed but concentrated in the mid-market.

Is Metrika purely a direct investor, or does it also make fund commitments?

Metrika's visible track record is entirely direct majority and minority buyouts. The firm also operates a secondaries strategy that captures market asymmetries, but the specific structure — fund commitments, LP interest purchases, or GP-led transactions — has not been publicly detailed.

Which sectors does Metrika avoid?

Metrika publicly states it concentrates exclusively where it can achieve a clear competitive investment advantage, narrowing its circle of competence. The published portfolio shows no exposure to real estate, infrastructure, consumer brands outside motorbike accessories and detergents, or financial services — suggesting those sectors fall outside the current mandate.

How does Metrika source its proprietary deal flow?

The firm leverages its principals' deep Italian network — Giuseppini and Pietralunga collectively have decades of mid-market M&A relationships from prior platforms including 21 Investimenti, Mandarin Capital, and Quadrivio. Their positioning emphasizes succession-driven family-owned companies, a pipeline that relies on trusted local advisory and tax relationships rather than auction processes.

What is Metrika's relationship with ABC Capital Partners and Wiit?

Metrika's Technology strategy team includes Dario Albarello, Francesco Baroncelli, and Alessandro Cozzi, who are identified as co-founders of ABC Capital Partners — a separate entity. Cozzi is also the founder and majority shareholder of Wiit S.p.A. (WIIT.MI), a listed Italian cloud provider. The extent of any inter-vehicle capital or deal-sharing arrangements has not been disclosed, but the personnel overlap suggests a close operating affiliation.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on asset managers?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

More Milano Secondary profiles