Epipoli Acquired by Investcorp
Deal News | Jan 17, 2025 | Zawya
Bahrain-based investment group Investcorp has announced an agreement to acquire Italian company Epipoli. Epipoli is known for its alternative payments solutions, including CRM and loyalty programs, as well as gift and prepaid cards. The acquisition agreement was made with private equity firm Bregal Milestone and Epipoli's founder and CEO, Gaetano Giannetto, who will retain a significant minority stake in the company. While financial details of the transaction were not revealed, Investcorp intends to bolster Epipoli's growth across Europe.
Sectors
- Financial Services
- Technology and Payment Services
Geography
- Bahrain – Investcorp, the acquiring firm, is based in Bahrain.
- Italy – Epipoli, the target company, is based in Italy.
Industry
- Financial Services – This industry is relevant due to Investcorp's role as an investment group acquiring another company.
- Technology and Payment Services – Epipoli operates in the alternative payments industry, providing CRM, loyalty programs, and payment card solutions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Investcorp | Acquiring Company | Company | A Bahrain-based global investment group focusing on various investment strategies. |
| Epipoli | Target Company | Company | An Italian company specializing in alternative payment solutions, such as CRM, loyalty programs, and gift cards. |
| Bregal Milestone | Selling Company | Company | A private equity firm involved in the sale of Epipoli to Investcorp. |
| Gaetano Giannetto | Founder and CEO of Epipoli | Person | Giannetto is the founder and CEO of Epipoli and will retain a minority stake post-acquisition. |