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Announced

Completed

Sienna Investment Managers completed the acquisition of Ver Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Italy

asset management

Asset Managers and Custodians

Acquisition

Cross Border

Completed

Friendly

Single Bidder

Majority

Private

Synopsis

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Sienna Investment Managers, an alternative investment platform, completed the acquisition of Ver Capital, an independent asset management company focused on European corporate credit. Financial terms were not disclosed. “By joining forces, we will have the scale needed in both countries to offer a particularly large range of products and services, and to benefit French and Italian clients from our presence in Europe. We are also delighted to welcome Andrea Pescatori who will bring his network of Italian investors and his deep-rooted knowledge of the local asset management industry to our leadership team," Paul de Leusse, Sienna Investment Managers CEO.

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