B2F Acquired by Grenke AG in Strategic Move to Enhance Digital Ecosystem
Deal News | Jun 13, 2025 | Finance Community IT - 1 Corporate M&A

Klecha & Co., the independent pan-European investment bank specializing in the tech sector, acted as financial advisor to the shareholders of B2F in their sale to Grenke AG, a global financing partner for SMEs. Grenke AG, which provides small-scale banking and leasing services, operates in over 30 countries, including Italy, with approximately 2,300 employees. B2F, established in Italy over 20 years ago, specializes in digital solutions for the financial sector, utilizing pay-per-use digital platforms to connect services to territorial and virtual sales channels. The founding shareholders of B2F sold all their stakes to grenke digital GmbH, a subsidiary of Grenke AG, aiming to create a comprehensive digital ecosystem to set a new standard in the market. This acquisition will enable leasing to be directly offered as a payment option, streamlining the contract initiation process.
Sectors
- Financial Services
- Technology
- Investment Banking
Geography
- Italy – B2F is based in Italy, and Klecha & Co. is founded and operates from there.
- Germany – Grenke AG and its subsidiary grenke digital GmbH are based in Germany, and its shares are listed on the Frankfurt Stock Exchange.
- Global – Grenke operates in over 30 countries, making this a transaction with international implications.
Industry
- Financial Services – This industry encompasses companies involved in banking, financing, and leasing services, which are relevant due to Grenke's operations.
- Technology – Relevant because B2F provides digital solutions and platforms within the financial sector.
- Investment Banking – Klecha & Co.'s role as a financial advisor places this transaction within the investment banking sector.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
B2F | Target Company | Company | An Italian provider of digital solutions in the financial sector. |
Grenke AG | Bidding Company | Company | A global financier for SMEs, specializing in leasing and banking services. |
grenke digital GmbH | Bidding Company - IT Service Provider | Company | A subsidiary of Grenke AG and an internal IT service provider. |
Klecha & Co. | Financial Advisor | Company | An independent pan-European investment bank specializing in the tech sector. |
Stephane Klecha | Managing Partner | People | Managing partner at Klecha & Co. |
Alessandro Gelfi | Senior Associate | People | Senior associate at Klecha & Co. |