CVC and CDP Equity to acquire an 85% stake in Maticmind from Fondo Italiano.

CVC, a private equity and investment advisory firm, and CDP Equity, a sovereign wealth fund, agreed to acquire an 85% in Maticmind, an IT company, from Fondo Italiano, an asset management company. Financial terms were not disclosed. "We are thrilled to invest in Maticmind, a true innovator in the IT space that is playing a critical role in the digitalisation journey of Italy and in the development of a national hub for intelligence technologies," Giorgio De Palma, CVC Partner.