First Capital S.p.A. acquired a 10% qualifying holding of Bioera S.p.A. Madison assisted First Capital in the business due diligence.

First Capital S.p.A. acquired a qualifying holding of 3% of Elica S.p.A worth € 3,1 millions. Madison supported First Capital in the business due diligence.

Madison supported Cardi Black Box S.r.l. in the assessment of corporate brand and defining the strategy of brand equity.