Wise backed Tatuus acquired a 75% stake in Breda Racing.

The portfolio company of Wise - Tatuus Racing SpA acquired a 75% stake of Breda Racing Srl to further develop the “Italian Motorsport Excellences” project aiming at creating a pool of Made in Italy companies with leadership position in the motorsport segment, as the case with Tatuus Racing, Autotecnica Motori and Breda Racing. Financial terms were not disclosed. “We are glad to strengthen the partnership among Tatuus Racing, Autotecnica Motori and Breda Racing, true leaders in their respective segments and outstanding examples of Italian excellences. The Group keeps moving along its journey towards the development of an excellences hub that nurtures the valorization of the competences of all the parties and the complementarity of their offers. This is in line with Wise strategy of building niche champions, also through buy and build strategies." Fabrizio Medea Wise Senior Partner.