HWG Group BidCo Srl has acquired Sababa Security SpA
May 2023 — HWG Group BidCo Srl has acquired 31.4% of Sababa Security SpA through a voluntary public tender offer.
HWG Group Bidco Srl is a vehicle owned by Investcorp and created for the purpose of tendering Sababa Security SpA and delisting the company.
Sababa Security is an Italian solutions integrator with an innovative approach to cybersecurity. The company develops and combines security technologies, managed services and training to protect IT (corporate) and OT (industrial) infrastructures against cyber, physical and cyber-physical threats.
Our role in the transaction
Oaklins Italy’s parent company Banca Akros acted as the appointed broker in the collection of shares in the total voluntary public tender offer of 31.4% of Sababa Security SpA by HWG Group BidCo Srl.
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