Go to deals
Private Equity | TMT

Backspin has completed a mandatory public tender offer for the shares of Spindox

January 2026 — Backspin S.p.A. has completed a mandatory public tender offer for Spindox S.p.A.

Backspin, an acquisition vehicle owned by Progressio SGR, was established for the purpose of acquiring Spindox through a public tender offer.

Spindox operates in the ICT services and products market, positioning itself as a company that designs, develops and integrates innovation. The company supports the transformation of its clients’ businesses, both in Italy and abroad, by offering project and business consulting, IT and network engineering services, cybersecurity solutions and advisory, decision-making technology based on artificial intelligence and research support. As Spindox is a listed company, its shareholder base is widely dispersed.

Our role in the transaction

Oaklins Italy’s parent company, Banca Akros, served as the financial advisor and appointed broker for the collection of shares in Backspin’s mandatory public tender offer for 14.3% of Spindox’s shares.

Parties

Talk to the deal team

Giulio Greco

Managing Director
Milan, Italy
Oaklins Italy

Giuliano Altieri

Director
Milan, Italy
Oaklins Italy

Nicola Biancoli

Associate
Milan, Italy
Oaklins Italy

Marco Valsecchi

Associate
Milan, Italy
Oaklins Italy

Related deals

Dan Group Alarm Syd has been sold to Varna Security
Private Equity | Business Support Services

Dan Group Alarm Syd has been sold to Varna Security

Dan Group Alarm Syd, a leading provider of subscription-based security solutions, has been acquired by Varna Security, a newly formed security platform backed by Triton Partners. Through the transaction, Dan Group Alarm Syd enters into a new partnership with Triton Partners, positioning the company for its next phase of growth. As part of Varna Security, Dan Group Alarm Syd will continue to operate independently, retaining its entrepreneurial culture and close customer relationships, while gaining access to capital, resources and strategic support to accelerate expansion.

Learn more
Livlande Agro has been acquired by Merito Partners
Private Equity | Agriculture | Food & Beverage

Livlande Agro has been acquired by Merito Partners

Merito Partners has acquired a controlling stake in Gaižēni SIA, one of Latvia’s leading pig farming companies operating under the Līvlande Agro brand, from NCH Capital and other shareholders. The company’s founder and management team will remain actively involved in the business, supporting its continued growth and development.

Learn more
Census Group has acquired Lecklé Oy
Private Equity | Financial Services | Other Industries

Census Group has acquired Lecklé Oy

Backed by Swedish Aspira Partners, Census Group has acquired SYS Audit Oy, Lecklé Oy, Tiliextra Oy, Tase-Koivu Oy Tilintarkastusyhteisö, HJL Audit Oy and Auditus Tilintarkastus Oy. These transactions mark the creation of new platform in the Finnish audit and advisory services market. The newly formed group is jointly owned by Aspira Partners, entrepreneurs and key employees united by a shared vision and strong commitment to serving small and medium-sized enterprises (SMEs).

Learn more