Alantra has been appointed Corporate Broker to Smart Capital SpA

May 2025

Corporate Broker

Milan – Alantra is pleased to announce its appointment as Corporate Broker to Smart Capital SpA and the initiation of coverage by the Alantra Italian Equity Research team.

Smart Capital (SMCAP) is an Italian investment holding company focused on minority public and private equity investments in SMEs, leveraging a club deal model backed by 100+ entrepreneurial families. With over €65mn in assets, the firm holds 17 diversified investments across sectors like manufacturing, aerospace, specialty logistics, and tech. Smart Capital blends capital provision with board-level engagement, M&A advisory, and governance support.

Listed on EGM-PRO, the group has delivered a 74% NAV increase since inception and targets consistent value creation via its five-phase investment model. With a solid 26% IRR, it positions as a long-term strategic investor driving SME growth.

Alantra initiates coverage with a “Buy” recommendation and target price of €1.8/share.