Tecno Holding, Advent and Nextalia have partnered to accelerate the development of Tinexta

Advent International LP and Nextalia SGR S.p.A. have entered into binding agreements to acquire a 38.74% stake in Tinexta S.p.A. from the current majority shareholder, Tecno Holding S.p.A. The transaction also entailed the launch, acting in concert with Tecno Holding, of a mandatory tender offer for the remaining shares in Tinexta, with the aim of delisting the company from the Euronext STAR Milan segment.

Founded in 1984, Advent is a leading global private equity investor that partners with management teams, entrepreneurs and founders to help transform businesses. With 16 offices across five continents, Advent oversees more than US$94 billion in assets under management and has completed over 430 investments across 44 countries, drawing on deep sector expertise across five core areas: business and financial services, consumer, healthcare, industrial and technology.

Nextalia is an Italian investment platform promoted by Francesco Canzonieri together with leading domestic institutional investors, including Intesa Sanpaolo, Unipol Assicurazioni, Aurelia, Finprog Italia, Fondazione ENPAM, H14, Istituto Atesino di Sviluppo, Massimo Moratti S.a.p.a, Confindustria, Bonifiche Ferraresi and Micheli Associati. With approximately US$2.4 billion in assets under management, Nextalia is an established player in private market investments in Italy, leveraging an extensive network and a highly experienced team. The platform manages multiple funds across private equity, credit, venture capital and special situations.

Tinexta is an Italian group focused on digital transformation, operating through three divisions: digital trust, cybersecurity and business innovation. The digital trust division is a leading player in the Italian and European digital transaction management market, enabling secure and trustworthy digital transactions between individuals and service providers, while also offering essential digital tools for independent professionals. The cybersecurity division provides a broad range of products and services within the Italian cybersecurity market. Finally, the business innovation division supports SMEs and enterprises in innovation, sustainability and internationalization through specialized advisory services. Founded in 2009 and listed on the Euronext STAR Milan segment since 2016, Tinexta operates in 12 countries, employs more than 3,000 people and has grown consistently over the past 15 years through a combination of organic growth and strategic M&A transactions, generating total revenues in excess of US$535 million in 2024.

Tecno Holding is a financial company owned by Camere di Commercio, companies from the chamber system and Unione Nazionale.

Oaklins’ team in Italy acted as the financial advisor to Nextalia in this transaction.