DeA Capital Alternative Funds acquired a 70% stake in Abaco.

Private equity investment company DeA Capital Alternative Funds acquired a 70% stake in Abaco, which is specialized in the supply of software solutions for the management and control of territorial resources. Financial terms were not disclosed. "We have been impressed by the innovative spirit of this company that has been dealing with agricultural software for over 25 years," said Andrea Bertoncello , managing director of DeA. "And that has always been ahead of the times thanks to the vision of Alberto Iori. A path that has led Abaco to be optimally positioned to support the excellence of the agri-food sector in the challenge of precision agriculture, environmental sustainability and the traceability of agricultural supply chains."