Go to deals
Private Equity | TMT

Crionet has sold a majority stake to White Bridge Investments

The shareholders of Crionet S.r.l. have sold a majority stake in the company to White Bridge Investments II SpA.

Headquartered in Italy, Crionet operates as an integrated player providing high-class proposition software solutions and services, ranging from data collection, delivery, processing and visualization, to event management (hospitality, accreditation and ticketing). The company enjoys a solid position in the broadcasting and delivery of professional sports live events, with specific focus on racket sports. The company’s technological proposal is completed by the development of integrated data and video solutions based on artificial intelligence and computer vision. Under the leadership of its two shareholders and managers – Giorgio Garcia-Agreda and Gaetano Guarino – Crionet has grown to become a key stakeholder in the tennis ecosystem, with innovating and disrupting technologies and business workflow.

White Bridge Investments is an Italy-based private equity firm, specializing in long-term investments in small and medium-sized companies. It is led by Marco Pinciroli and Stefano Devescovi. The firm focuses on emerging markets, with a particular emphasis on the telecom, entertainment, energy and other infrastructure-related sectors.

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

Parties

Talk to the deal team

 Antoine  Collin

Antoine Collin

Managing Director
Milan, Italy
Oaklins Italy
 Luca  Morello

Luca Morello

Director
Milan, Italy
Oaklins Italy
 Antonella  Fraioli

Antonella Fraioli

Associate Director
Milan, Italy
Oaklins Italy

Related deals

Perkbox has been acquired by Great Hill Partners
Private Equity | TMT

Perkbox has been acquired by Great Hill Partners

Molten Ventures has sold Perkbox to Great Hill Partners.

Learn more
Arculus Cyber Security has been acquired by Bridewell
Private Equity | TMT

Arculus Cyber Security has been acquired by Bridewell

The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.

Learn more
PCI Pal has completed an equity raise
Financial Services | TMT

PCI Pal has completed an equity raise

PCI Pal has completed a fundraising. Funds will be allocated towards several key areas, with a significant portion directed towards supporting its continued expansion in the US, focusing on marketing efforts, product marketing and enhancing engagement with key partners.

Learn more