KYIP Capital Secures Majority Stake in Errevi System

Deal News | Dec 10, 2024 | PedersoliGattai

In a strategic move to enhance its digital transformation portfolio, KYIP Capital, an independent Italian asset management firm, has successfully acquired a 70% majority interest in Errevi System, an Information and Communication Technology (ICT) company renowned for its innovative solutions in cloud infrastructure and cybersecurity. The acquisition forms part of KYIP's strategic focus on investing in technologically advanced firms that promise robust growth and innovation in digital services. PedersoliGattai, a distinguished law firm, played a pivotal role in advising KYIP throughout the acquisition process. The advisory responsibilities were fulfilled by a dedicated corporate team led by Lorenzo Fabbrini, and assisted by partners, senior associates, and associates specializing in finance and due diligence. This acquisition highlights KYIP Capital's aggressive strategy in scaling its investment portfolio within the ICT sector, aiming to leverage Errevi System's expertise to deliver enhanced digital solutions. The move is indicative of the growing trend among private equity firms to acquire companies with promising digital capabilities, further building their market position in the increasingly competitive digital marketplace.

Sectors

  • Asset Management
  • Information and Communication Technology (ICT)

Geography

  • Italy – KYIP Capital is an Italian asset management firm, and the transaction involves Errevi System, an Italian ICT company, making Italy the primary geographical focus.

Industry

  • Asset Management – KYIP Capital operates as an independent asset management company, which involves acquiring, managing, and driving value in assets such as companies in the ICT space.
  • Information and Communication Technology (ICT) – Errevi System is a key player in providing ICT solutions, including cloud infrastructure and cybersecurity, which aligns with KYIP Capital's digital transformation investment strategy.

Financials

  • 70% – The percentage stake acquired in Errevi System by KYIP Capital.

Participants

NameRoleTypeDescription
KYIP CapitalBidding Company/BuyerCompanyIndependent Italian asset management company focused on investments in the digital transformation sector.
Errevi SystemTarget CompanyCompanyICT company offering innovative services in cloud infrastructure and cybersecurity.
PedersoliGattaiLegal AdvisorCompanyProvided legal advisory services to KYIP Capital during the acquisition of Errevi System.
Lorenzo FabbriniPartner, Corporate TeamPersonLead partner at PedersoliGattai advising KYIP Capital.