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ADVENT AND BAIN MAKE ITALIAN ACQUISITION

ADVENT AND BAIN MAKE ITALIAN ACQUISITION

PRIVATE EQUITY FIRMS Advent International, Bain Capital and Clessidra have acquired Setefi Services and Intesa Sanpaolo Card from Intesa Sanpaolo for €1,035 million. Commenting on the announcement, Luca Bassi, managing director, Bain Capital Private Equity, said, “This transaction is strategically important as it adds Italy’s leading commercial bank to our customer portfolio and gives us [...]

The post ADVENT AND BAIN MAKE ITALIAN ACQUISITION appeared first on Payments Cards & Mobile.

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