Announced
Financials
Sources
Tags
Pending
Private
Italy
public safety software
Software
Acquisition
Domestic
Private Equity
Minority
Single Bidder
Friendly
Synopsis
Fondo Italiano d'Investimento, a multi-asset fund manager, agreed to invest $180m in RINA, a public safety company. "We have found in Fondo Italiano d'Investimento the most suitable interlocutor to share our growth path and the realization of the ambitious objectives we have all over the world. It is a very high level institutional partner, Italian like us, with which to build a new phase for RINA and which will give us the opportunity to fully implement our strategic plan. Based on ESG principles, it projects us towards increasingly digital services and processes and in favor of the ecological transition: a path that includes important investments possible also thanks to the commitment of the Italian Investment Fund," Ugo Salerno, RINA President and CEO.
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