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Announced

Completed

NB Renaissance and Bain Capital-backed Engineering - Ingegneria Informatica completed the acquisition of a 43.2% stake in Be Shaping the Future from Tamburi Investment Partners for $527m.

Synopsis

NB Renaissance and Bain Capital-backed Engineering - Ingegneria Informatica, a provider of information-technology services, completed the acquisition of a 43.2% stake in Be Shaping the Future, a business consulting firm, from Tamburi Investment Partners, a private equity firm, for $527m. "I am pleased to welcome Stefano Achermann and the Be team, an Italian excellence for the finance market, to the Engineering family. This acquisition confirms Engineering's ambitions as a leader in digital transformation processes for companies and the Public Administration. Thanks to the support of our shareholders, Bain Capital and NB Renaissance, the integration with Be will allow us to consolidate Engineering's role as Digital Champion and to offer our country and the market an even more solid player in consulting and digital transformation services for financial institutions," Maximo Ibarra, Engineering CEO.

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