Ardian, a French private investment company has sold, together with the founding partner Paolo Benini
and to top-management, 100% of RGI to Corsair Capital, a company active in the supply of software products and technological services for the insurance sector.
RGI, founded in 1987, offers solutions for the management of insurance products, processes and channels. The Group can count in its customer portfolio more than 100 of the main Italian and European insurance companies, to whom it also offers application maintenance and assistance services. RGI has approximately 800 employees and collaborators.
Thanks to the operation, RGI employees will receive a financial bonus from Ardian
recognition for their contribution to the growth of the Group over the years. Ardian invested in RGI in
2014 with the aim of supporting the company in the internationalization process and becoming a 'global company': in 2016,
Corsair Capital is a globally operating private equity firm focused on the financial services industry. Corsair Capital will be able to continue the development path of RGI started by Ardian, with a view to long-term strategic investment.
"My sincere thanks go to Ardian and his entire team for their important support to our international development," said Vito Rocca, CEO of RGI and leader of the management team that will reinvest with Corsair Capital in the transaction. “Over our XNUMX-year history with our services of excellence we have become the digital influencer of the insurance industry and we are confident that Corsair Capital will continue to support our growth in European markets”.
Paolo Bergonzini, head of Ardian Expansion in Italy, spoke on the sale as follows: “Over the last three years we have contributed with passion to the development of RGI's business. A path marked by many successes, thanks to the company's leadership in the reference sector and the excellence of its top management, with whom there has always been a relationship of great trust and collaboration”.
