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New Deal


Announced

Completed

Indra-backed Minsait completed the acquisition of a 70% stake in SmartPaper from Carfin and Melody.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For70%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Cross Border

Friendly

Italy

information technology

Majority

Acquisition

IT Services: Other

Completed

Synopsis

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Indra-backed Minsait, a firm operating in digital transformation consultancy and information technologies, completed the acquisition of a 70% stake in SmartPaper, a company operating in content and document management sector, from Carfin and Melody. Financial terms were not disclosed. "Thanks to the joint venture with Minsait, we are becoming a complementary and active part of an entrepreneurial universe that aims to become a leading player in the digitalisation of the country. This alliance also allows us to add to our expertise the international presence that will guarantee us entry into new markets, thus ensuring further growth and strengthening our commitment in the Basilicata region," Michele di Trana and Pasquale Carrano, SmartPaper Partners.

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