Bain Capital has agreed to buy a majority stake in Namirial SpA, an Italian software company, according to Bloomberg News.
The deal values Namirial at about €1.1 billion ($1.2 billion) and marks a shift in ownership from the private equity firm Ambienta to Bain Capital.
Namirial’s founder, Enrico Giacomelli, and the management team, led by CEO Max Pellegrini, will continue to hold a large share of the company. This leadership continuity is expected to help keep things stable during the ownership change.
Read also – Equinix has Issued its First Green Bonds in Singapore, Raising $375Million to Support Sustainability Efforts
The acquisition is expected to be announced publicly within the week marking the end of negotiations. Bain Capital investment is expected to help Namirial grow and expand in the future.
The financial details were shared with Bloomberg by sources who wanted to remain anonymous. This acquisition is a key move for Bain Capital as it adds a major technology investment to its portfolio.
Namirial’s €1.1 billion valuation shows its strong market position and the potential Bain Capital sees in its products and services. With Bain Capital’s support, Namirial is set to continue growing in the software development industry.
About Namirial
Namirial is a global leader in Digital Transaction Management. They have extensive knowledge in the industry and work with a network of partners and customers across Europe, America, and Asia.
They help clients with their digital transitions by making important transactions in highly regulated markets smooth, reliable, and compliant with the rules.
