LONDON: Playtech plc has entered into a definitive agreement for the sale of Snaitech S.p.A. and certain of its subsidiaries to Flutter Entertainment Holdings Ireland Limited for a total enterprise value of €2.3 billion in cash. Snaitech is one of the leading Italian B2C sports betting and gaming companies in online and retail, and employs…
ZURICH: Brera Partners, a private equity firm with a focus on the asset-light financial services industry, has acquired a 70% stake in the esteemed Italian insurance broker, GBSAPRI Group. While the financial specifics of the deal remain undisclosed, this acquisition marks a significant step in Brera Partners’ strategy to strengthen its position in the Italian…
Accenture (NYSE: ACN) has announced the acquisition of Intellera Consulting, a leading Italian consultancy known for its innovative work in public administration and healthcare. This acquisition is a continuation of Accenture’s commitment to enhancing public services in Italy through digital and organizational transformation. Intellera Consulting, established in 2021 with headquarters in Rome and Milan, has…
PARIS: Verallia, one of Europe’s main producers of glass packaging for beverages and food products, announced on Monday that it has entered into an agreement to acquire Vidrala’s Italian subsidiary, a leading glass container manufacturer in Italy. The transaction, which amounts to €230 million in enterprise value, reflects Verallia’s willingness to further invest in a…
LONDON, UK: Flutter Entertainment announced the acquisition of Sisal, Italy’s leading online gaming operator, from CVC Capital Partners Fund VI for a consideration of €1.913bn (£1.62bn). This acquisition fully aligns with the Group’s strategy of investing to build leadership positions in regulated markets globally. The transaction is likely to complete during Q2 2022 and is…
LONDON, UK: ContourGlobal plc, in partnership with Energy Infrastructure Partners AG (EIP), has completed the acquisition of Green Hunter Group S.p.A., a portfolio of Solar Photovoltaic assets totalling 18 MW located in Italy. It was signed on June 4, 2021 and completed on 23 November for €45.6 million on a debt free, cash free basis….
LONDON, UK: S4Capital plc (LON: SFOR) announced that Miyagi is merging with Media.Monks to form S4Capital’s Content practice in Italy. The merger adds to the existing Content, Data&Digital Media capabilities in Italy, Europe’s fourth largest advertising market. Miyagi was founded in 2013 by five partners Francesco Bragonzi, Francesco Menichini, Tommaso Marucchi, Felice Arborea and Giuseppe Azzone. Specialising in end-to-end digital experience…
OSLO, NORWAY: The Kingfish Company announced a new partnership with leading European retailer Conad in Italy. In a recent business update for Q3, The Kingfish Company announced record sales, record volumes and an increase of capacity. In parallel and in line with the company’s ongoing ambitions to increase distribution and grow demand for its high-value…