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New Deal


Announced

Completed

TA Associates-backed List Group completed the acquisition of IT Software.

Financials

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Transaction Value-
Consideration TypeCash
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Tags

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Italy

Software

Private Equity

Acquisition

Completed

software development

Majority

Friendly

Private

Single Bidder

Synopsis

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TA Associates-backed List Group, a developer of software solutions for the financial industry, completed the acquisition of a majority stake in IT Software, an Italy-based fintech software company. Financial terms were not disclosed. "IT Software has developed a product suite that covers an integrated set of functionalities that is highly complementary to our expertise in trading software. Importantly, we believe that this acquisition will enable LIST to enhance our international presence and capabilities, which will play an important role in our international expansion. We are very pleased to complete this acquisition, and look forward to integrating IT Software’s talented team and high-quality products into our strategy," Alvise Insalaco, List Chief Executive Officer.

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