we solve,
you lead.

A Puzzle of people, knowledge and experience dedicated to supporting the growth of your business.

we solve,
you lead.

A Puzzle of people, knowledge and experience dedicated to supporting the growth of your business.

ABOUT US

Non siamo solo consulenti. Il nostro modello si fonda su tre pilastri sinergici
 per coprire quelle esigenze finanziarie che meritano più attenzione:

PuzzleLab (Advisory)

CFO SERVICES

We optimise analyses of industrial sectors and financial markets leveraging technology to define corporate needs and provide support from company’s stakeholders (Investor Relation)

PuzzleMec (Execution)*

DEBT & STRUCTURED FINANCE

We support SMEs the execution of Corporate Finance transactions (Acquisitions and Financing), providing extensive expertise, banking and credit fund network, in order to fund the transaction


*This activity is subject to the required regulatory authorisation.

PuzzleCap (Investment)

STRATEGIC CAPITAL

We offer our technical expertise to both  Institutional Investors and Family Offices whose objectives include Corporate Investments, development initiatives in the Real Estate and interests in thePhotovoltaic Agriculture.

MISSION

Value Beyond the Balance Sheet

Italian SMEs, especially between €10M and €200M in revenue, often hold a level of strength that exceeds what their financial statements reflect. Our objective is to identify untapped growth opportunities
and unlock value.

Understanding


BUSINESS MODEL AND COMPETITIVE DYNAMICS ANALYSIS

Assessment

DATA ANALYSIS (BEYOND FINANCIALS) AND BUSINESS CYCLE EVALUATION

Action

FINANCIAL STRUCTURING AND INVESTOR RELATIONS

from the Puzzle

we support businesses with expertise and networks to ensure the success of their investments

with the Puzzle

we connect entrepreneurs to develop ideas and out-of-the-box solutions

in the Puzzle

we connect the dots needed to realise innovative investment projects in the real economy

PUZZLE IN ACTION

Technology at the Service of Strategy

We combine artificial intelligence and human expertise to accelerate your projects.

Predictive Understanding

We apply Artificial IntelligenceI algorithms to historical data, forecasting future trends. We transform numbers into clear scenarios to support strategic decision making.

Technical Assessment

We go beyond the balance sheet. We integrate client’s vision and company numbers with market trend analysis, generating insights to reveal the company's full potential.

Aligned Interests

We align with debt and equity investors, we define the projects and the optimal financial structure, we share their choices.

PEOPLE

150 Years of Combined Experience at Your Side

We are more than advisors. Our model is built on three synergistic pillars to guide and support businessmen in financial decisions making.

MASSIMO

Capital Markets
& Fintech Innovation

Specialist in securitisations and capital markets (Loan & Bond). He combines deep expertise in complex financial products with an innovative vision rooted in the Fintech world and equity support for SMEs.

PAOLO

Corporate Banking
 &
Strategy

Specialist in strategic planning and M&A. He supports SMEs and Mid-Caps in managing banking relationships, project finance, and company valuations, also contributing as an Independent Board Member.

RAFFAELE

Structured Finance
&
Real Estate

Certified Public Accountant specialised in structured finance and real estate. He manages Private Credit transactions, acquisitions, and NPL/UTP portfolio management, applying a rigorous technical approach focused on investment soundness.

FABIO

Financial Modelling

& Analysis

He bridges academic rigour with operational analysis. He translates complex data into precise financial models (Financial Modelling) to support Corporate Banking and Project Finance decisions.

ALICE

Legal
&
Compliance

Expert in regulatory compliance. She combines knowledge of banking and financial regulations — with a focus on AML/CTF, second-line controls, and internal governance — with a legal background in structured finance, developed through securitisation and debt capital markets transactions.

CONTACT US

We are ready to help define your strategy and realize market leading transactions.