Tosium Capital
Tosium Capital is a search fund focused on acquiring and operating an Italian SME with strong fundamentals and growth potential.
Who we are

Tosium Capital acquires Italian SMEs with strong fundamentals and clear growth potential. Our approach is hands-on — we take an active role in operations and management.
Tosium Capital acquires Italian SMEs with strong fundamentals and clear growth potential. Our approach is hands-on — we take an active role in operations and management.
The goal is to ensure business continuity, guiding the owner through a smooth and structured transition. Growth is pursued with discipline — long-term horizon, focus on business quality. Tosium is backed by a select group of investors and entrepreneurs with hands-on industrial experience.
Who we are

Tosium Capital acquires Italian SMEs with strong fundamentals and clear growth potential. Our approach is hands-on — we take an active role in operations and management.
The goal is to ensure business continuity, guiding the owner through a smooth and structured transition. Growth is pursued with discipline — long-term horizon, focus on business quality. Tosium is backed by a select group of investors and entrepreneurs with hands-on industrial experience.

Davide Liverani
Davide Liverani
He previously worked at Argos Fund, a European private equity firm focused on acquiring and growing SMEs.
Before that, he was a consultant at McKinsey & Company, working on strategy and industrial operations projects.
He grew up in a family business and has firsthand knowledge of how SMEs work from the inside.
He holds a degree in Economics from Scuola Superiore Sant'Anna in Pisa.

Davide Liverani
He previously worked at Argos Fund, a European private equity firm focused on acquiring and growing SMEs.
Before that, he was a consultant at McKinsey & Company, working on strategy and industrial operations projects.
He grew up in a family business and has firsthand knowledge of how SMEs work from the inside.
He holds a degree in Economics from Scuola Superiore Sant'Anna in Pisa.
Our Partner
Our Partner
We invest in businesses with:
We focus on sectors with stable demand, long-term drivers and fragmented markets.
We focus on sectors with stable demand, long-term drivers and fragmented markets.
We structure flexible transactions, including owner reinvestment.
We structure flexible transactions, including owner reinvestment.
EBITDA between €1m and €5m, with stable margins
B2B services or manufacturing businesses
Diversified customer base
Strong cash generation

We invest in businesses with:
We focus on sectors with stable demand, long-term drivers and fragmented markets.
We structure flexible transactions, including owner reinvestment.
EBITDA between €1m and €5m, with stable margins
B2B services or manufacturing businesses
Diversified customer base
Strong cash generation

How the process works (3-6 months)
Here is a step by step process of how the steps it takes from initial contact to agreement.

Initial contact
An initial discussion covering the business, financial statements, and the competitive landscape.
First meeting
A visit to the company for a deeper look at the business, key financials, and growth prospects.
Offer
If there is mutual interest, we submit a preliminary offer to begin negotiations.
Due Diligence
We review the key financial, operational, and legal aspects — with focused, targeted requests.
Agreement and signing
Final terms are agreed, contracts are drafted, and the transaction is completed.
How the process works (3-6 months)
Here is a step by step process of how the steps it takes from initial contact to agreement.

Initial contact
An initial discussion covering the business, financial statements, and the competitive landscape.
First meeting
A visit to the company for a deeper look at the business, key financials, and growth prospects.
Offer
If there is mutual interest, we submit a preliminary offer to begin negotiations.
Due Diligence
We review the key financial, operational, and legal aspects — with focused, targeted requests.
Agreement and signing
Final terms are agreed, contracts are drafted, and the transaction is completed.
Why us
What we offer

Hands-on
Direct operational involvement

Long-term
No fixed exit

Continuity
Gradual transition with the owner

Flexibility
Tailored deal structures
Why us
What we offer

Hands-on
Direct operational involvement

Long-term
No fixed exit

Continuity
Gradual transition with the owner

Flexibility
Tailored deal structures






