Bregal Unternehmerkapital, a private equity firm, completed the acquisition of a majority stake in Safety21, a Italian software provider in the Smart Road and Smart City space. Financial terms were not discolsed. "We believe Safety21 is a champion in its industry, which is why we decided to support Gianluca Longo in the development of the company’s success through both organic and inorganic growth. The company has recorded impressive growth over the last years, taking advantage of the Smart City and Smart Mobility trend. We intend to further develop and support the company in order to make it a best practice example of sustainable mobility and the undisputed market leader. With this investment we want to contribute to the digitalisation process of the Public Administration for a faster and more efficient management of mobility, confirming our commitment to support companies with a strong ESG focus," Valentina Pippolo, BU Italy Partner and Italy Country Head.