Announced

Completed

BNP Paribas Asset Management, Fondo Italiano D’investimento and 21 Investimenti completed the acquisition of a majority stake in ELSE Solutions.

Synopsis

BNP Paribas Asset Management, the private equity arm of BNP Paribas, Fondo Italiano D’investimento, a multi-asset fund manager, and 21 Investimenti, a private equity firm completed the acquisition of ELSE Solutions, a provider of products for the medical sector. Financial terms were not disclosed. “We are very satisfied with the growth path of these years and we saw in 21 Invest the ideal partner to support and accelerate the company's rapid growth, strengthen and develop the production of cutting-edge solutions in the healthcare sector, and consolidate the position of the ELSE Solutions brand both nationally and internationally,” Massimo Agosti and Benvenuto Beretta, Else Solutions Partners and Managers.

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MergerLinks - BNP Paribas Asset Management, Fondo Italiano D’investimento and 21 Investimenti completed the acquisition of a majority stake in ELSE Solutions.