Maticmind's President Carmine Saladino Exits and Sells Stake to CVC and CDP
Deal News | Mar 04, 2025 | Finance Community IT - 3 Private Equity
Carmine Saladino has sold his entire stake in Maticmind, a leader in ICT System Integration, to Mozart Holdco, a venture backed by CVC Capital Partners and CDP Equity. Post-transaction, CVC will hold approximately 82% and CDP Equity 18% of Maticmind. Saladino will also vacate his role as president and any operational roles within the group. The acquisition signals a strong commitment from CVC and CDP to further invest in and grow Maticmind, which has successfully transformed itself into a technology leader in areas such as digital networking, cloud, cybersecurity, IoT for infrastructure, and mobility. Advisors for the transaction included PedersoliGattai and FRM Tax for CVC and CDP, with Banca Mediolanum and BonelliErede assisting Saladino. The deal aligns with CDP Equity's strategic mission to support key national tech ventures.
Sectors
- Information and Communication Technology (ICT)
- Private Equity
Geography
- Italy – Maticmind is an Italian company, and the acquisition by CVC and CDP is a significant event in the Italian technology and investment landscape.
Industry
- Information and Communication Technology (ICT) – Maticmind operates in ICT System Integration, focusing on networking, cloud, and cybersecurity technologies, making this industry classification relevant.
- Private Equity – CVC Capital Partners and CDP Equity, both private equity entities, played integral roles in the acquisition of Maticmind.
Financials
- Approximately 82% stake – CVC's acquired majority stake in Maticmind.
- Approximately 18% stake – CDP Equity's acquired minority stake in Maticmind.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Carmine Saladino | Ex-President of Maticmind; Seller | Person | Former president of Maticmind who sold his stake in the company to CVC and CDP. |
| Maticmind | Target Company | Company | An Italian ICT System Integration company being acquired by CVC and CDP. |
| CVC Capital Partners | Acquirer | Company | A leading private equity firm that acquired a majority stake in Maticmind. |
| CDP Equity | Acquirer | Company | Part of Cassa Depositi e Prestiti, CDP Equity acquired a minority stake in Maticmind. |
| Mozart Holdco | Holding Company | Company | Company holding the stakes in Maticmind on behalf of CVC Capital Partners and CDP Equity. |
| PedersoliGattai | Legal Advisor to CVC and CDP | Company | Provided legal advice to the acquirers, CVC and CDP Equity. |
| FRM Tax | Tax Advisor to CVC and CDP | Company | Provided tax advice for the acquisition by CVC and CDP Equity. |
| Banca Mediolanum | Financial Advisor to Carmine Saladino | Company | Assisted Carmine Saladino in the financial aspects of the sale. |
| BonelliErede | Legal Advisor to Carmine Saladino | Company | Provided legal counsel to Carmine Saladino. |