The funds of Nextalia e Advent sign a subscription of agreements binding for acquire a stake in the cybersecurity group Tinexta, whose majority shareholder is currently Tecno Holding. At the end of the operation and in case of success of the offer, Nextalia and Advent will become holders of the majority of the shares of TinextaFounded in 2009 and listed since 2016, it is a company that operates in the digital sector, especially in three divisions: Digital Trust, Cybersecurity, and Business Innovation. It is present in twelve countries, and thanks to solid and sustained growth, total revenues in 2024 are expected to exceed €450 million.
Tinexta takeover bid: what are the details of the offer?
As communicated in a note, Nextalia e Advent they will acquire 39% of the share capital of Tinexta. The operation is also aimed at delisting: the purchase price per share is equal to 15 €The shareholders' meeting of Tecno Holding to finalize and possibly approve the takeover bid is scheduled for August 7th. CEO of Nextalia Francesco Canzonieri commented: “This transaction marks a turning point for Tinexta and offers a significant opportunity to create value and significantly accelerate growth in high-potential sectors.”
Tinexta's takeover bid, Tecno Holding president: "We are pleased to collaborate with Advent and Nextalia."
In case of approval of the takeover bid, Tinexta will further develop its activities, also thanks to the Advent and Nextalia expertiseThe president of Tecno Holding Carluccio Sangalli said in a statement: “We are very pleased to collaborate with Advent and Nextalia, who represent the ideal partners to support Tinexta's development in the coming years,” and continued: “We believe that, also by virtue of Advent and Nextalia's global network and expertise, Tinexta is ready to take a further step in its growth and market consolidation strategy, particularly internationally.”
