Advent and Nextalia have acquired a 38.74% stake in Tinexta

April 2026 — Advent International LP and Nextalia SGR S.p.A. have signed binding agreements to acquire a 38.74% stake in Tinexta S.p.A. from its majority shareholder, Tecno Holding. The transaction includes the launch of a mandatory public tender offer for the remaining shares at €15 (US$17.57) per share, with the objective of delisting the company from Euronext STAR Milan.

Advent and Nextalia, acting through their respective investment funds, are leading private equity investors with complementary capabilities. Advent is a global private equity firm that partners with management teams to drive transformation and long-term value creation across multiple sectors, including technology, business services and financial services. The firm supports portfolio companies through a combination of capital, operational expertise and strategic guidance. Nextalia is an Italian asset management company focused on investing in high-quality middle-market companies to accelerate their sustainable growth. The firm manages several private market funds and plays an active role in supporting portfolio companies through industrial development strategies and access to capital.

Tinexta is an Italian-listed digital transformation group operating across three business areas: digital trust, cybersecurity and business innovation. The digital trust division is a leading provider of digital transaction management solutions in Italy and Europe, enabling secure digital interactions between individuals, professionals and service providers. The cybersecurity division provides solutions to help organizations protect digital infrastructure and manage cyber risk. The business innovation division offers advisory services to small and medium-sized enterprises (SMEs) and corporates in areas including innovation, sustainability and international expansion. The group operates in 12 countries, employs more than 3,000 people and generated revenue of more than €450 million (US$487 million) in 2024.

Our role in the transaction

Oaklins’ team in Italy acted as the financial advisor to the buyers in this transaction. The team supported the clients in structuring the transaction, coordinating due diligence activities and negotiating the terms of the acquisition and the subsequent tender offer.