(Tiper Stock Exchange) – TXT e-solutions subscribed the capital increase in LasLab by virtue of which TXT holds a minority stake representing 33% of the share capital of the innovative start-up, born in 2022 following the spin-off of the CAL LAS technological platform developed by Loan Agency Services Srl (LAS), a leading non-banking agency in financial restructuring operations and in supporting the management of problematic loans (particularly UTP). LAS is the majority shareholder of LasLab.
The CAL LAS application, LasLab’s main and strategic asset, consists of software for the advanced monitoring of credits, corporate bonds and other financial instruments, particularly effective for the management of complex and problematic credits, which has evolved over the years with increasingly broad functions and transversal, to the benefit of multiple credit sectors.
The investment operations in LasLab was unanimously approved by the Board of Directors of TXT.
The investment contract in LasLab does not include options for increasing the current 33% stake in TXT but is aimed at providing specialized technological skills for the reference credit market and maximizing the return on investment against an exit-strategy which provides for the monetization of the investment over a five-year period.