Facile.it Acquires Italfinance to Bolster B2B Services
Deal News | Feb 24, 2025 | Finance Community IT - 1 Corporate M&A
Facile.it, a leading tech company in insurance and financial product comparisons, has acquired 100% of the Italfinance Group, which includes several entities such as Italfinance Mediazione Creditizia Corporate and Italfinance Holding. The acquisition, terms of which were not disclosed, was facilitated by M&A advisors and aims to harness new synergies and amplify Facile.it’s B2B offerings. Founded in the 1980s, Italfinance is renowned in corporate financial advisory and offers services encompassing financing, leasing, banking consultation, and ESG finance. This step allows Facile.it to boost services for businesses, leveraging Italfinance’s expertise while retaining its brand and management, including Emilio Panzeri and Carlo Olivetti. New strategies will see Daniela Zancan join the managerial team as managing director. The move is part of Facile.it's industrial plan to enhance its market position and offerings to businesses and individuals in Italy, reflecting their commitment to innovation and consumer support. Italfinance anticipates amplified capabilities and market role, heralding new growth and innovation prospects.
Sectors
- Financial Services
- Technology
Geography
- Italy – Both Facile.it and Italfinance operate in Italy, which is the primary geographical focus of the article.
Industry
- Financial Services – The article mainly involves companies providing financial advisory, insurance comparison, and corporate finance solutions.
- Technology – Facile.it is highlighted as a tech company, showing the intersection of technology with financial services in the deal.
Financials
- Not disclosed – The acquisition price for Italfinance was not publicly shared.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Facile.it | Acquiring Company | Company | A tech company involved in insurance and financial product comparisons, aiming to expand B2B services through acquisition. |
| Italfinance | Target Company | Company | A renowned corporate financial advisory firm in Italy, providing a wide range of financial services. |
| Vitale | Sell-Side Advisor | Company | Acted as the financial advisor for the sell side of the acquisition. |
| Emilio Panzeri | President, Italfinance Holding | Person | President of Italfinance Holding, staying on post-acquisition to lead Italfinance. |
| Carlo Olivetti | President, Italfinance Mediazione Creditizia Corporate | Person | President overseeing one of the subsidiaries of Italfinance. |
| Daniela Zancan | Director General | Person | Joining as director general, part of managerial changes aimed at strengthening operations. |
| Maurizio Pescarini | CEO, Facile.it | Person | CEO of Facile.it, overseeing the company's strategic growth through the acquisition. |