Castor Bidco S.p.A. and ION Group have finalized a voluntary public tender offer
Castor Bidco S.p.A. and ION Group have finalized a voluntary public tender offer of 80% of the shares of Cerved Group S.p.A..
Castor Bidco is controlled by FermION Investment Group Limited. FermION is 85.75% owned by ION Group, 10% by GIC Private Limited and 4.25% by several institutional investors. ION Group is an Ireland-based provider of trading and workflow automation software solutions to financial institutions, central banks, governments and corporates. GIC Private Limited is a Singapore-based sovereign wealth fund.
Cerved Group is a listed entity providing companies and financial institutions with credit assessment, management, and recovery services.
Oaklins’ team in Italy acted as financial advisor to the ION-GIC consortium.
Talk to the deal team
Related deals
Manolete Partners plc has completed a successful debt refinancing
Manolete Partners plc has signed a new revolving credit facility (RCF) with its existing provider, HSBC. The new RCF provides Manolete with the same level of facility as the previous arrangement, at US$22.6 million (£17.5 million), but with a reduced margin and lower non-utilization fee. The facility has a term of 3.25 years, with the option to extend for an additional year on the same terms.
Learn moreMicro Nav and Global ATS have been acquired by Indra Sistemas S.A.
Indra Sistemas S.A. strengthens its leadership in global air traffic management (ATM) with the acquisition of 100% of the share capital of Micro Nav and Global ATS from UK-based Quadrant Group. This acquisition enhances Indra’s industry-leading capabilities, solidifying its position as a global player in the air traffic control and management market.
Learn moreCanada’s Best Store Fixtures has been acquired by LSI Industries
The acquisition of Canada’s Best Store Fixtures has been successfully completed by LSI Industries to expand its capabilities, geographic reach and market presence, particularly in Canada. CBSF’s expertise and customer relationships complement LSI’s portfolio, creating opportunities for cross-selling and supporting growth in the grocery, quick service restaurant (QSR) and specialty retail sectors.
Learn more