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Announced

Facile.it to acquire TCS.

Synopsis

Facile.it, a firm engaged in the comparison of insurance, financing products, energy tariffs and, in general, of the main expenditure items of Italian households, agreed to acquire TCS, an operating reality in the field of insurance distribution and consultancy. Financial terms were not disclosed. "Multichannel is one of the key elements of Facile.it's growth strategy; this is why we have chosen to further strengthen our presence in the area with this acquisition, which will allow us to have an even more widespread presence in the regions of Central and Southern Italy, where the TCS Group has an important presence. We are happy to be able to welcome TCS professionals to the Facile.it team and, thanks also to their contribution, continue to grow and aim for increasingly challenging objectives," Tobias Stuber, Facile.it CEO.

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