Gilde Buy Out Partners to acquire a 73.2% stake in TAS Group for $157m.

Gilde Buy Out Partners, a a mid-market private equity firm, agreed to acquire a 73.2% stake in TAS Group, a provider of payments software, for $157m. “This is a very important day for TAS. The investment of a new majority shareholder of Gilde’s standing, a leading European private equity fund with almost 40 years of experience, will enable us to accelerate the Group’s value creation, consolidating our presence in Italy and strengthening our positioning abroad. My journey in TAS, which began 12 years ago, included an initial phase of corporate and product portfolio restructuring and, over the last five years, a second phase of relaunch and international expansion, together with my partner Dario Pardi, whom I would like to thank," Valentino Bravi, TAS CEO.