(Finance) – Tinextaa leading company in Digital Trust, Cybersecurity, Credit Information & Management and Innovation & Marketing services, announces the completion of the transaction which provides for the entry into the share capital of InfoCert by Bregal Milestone with a 16.09% stake.
The operation, in execution of the agreements already signed at signing, sees a investment by Bregal Milestone of 100 million euros (of which 70 million euros at today’s closing and 30 million euros within the following 12 months) through the subscription of a dedicated capital increase by InfoCert.
Bregal Milestone is an important European private equity fund, with specific know-how in the technology sector and an extensive relational network of companies in Europe and, will support the Tinexta Group and, in particular, InfoCert to accelerate the internationalization process already started with some recent acquisitions (Camerfirma, CertEurope and Authada).