Another consolidation transaction in Italy for international fund BU Bregal Unternehmerkapital and HAT SGR (Hat Technology Fund 4). The portfolio company Safety21, Italy’s leading GovTech platform for road safety services, has acquired, through its subsidiary Gefil, 100% of the Nivi Group, a Florence-based company with a 65-year history in credit management and debt collection services for public administrations and motorway concessionaires, and one of Italy’s leading providers of cross-border notification and collection of administrative fines.
The transaction represents the eleventh acquisition completed as part of the buy-and-build strategy launched in 2021, and marks a new phase of growth supported by the shareholders of the company led by Gianluca Longo, Founder and CEO of Safety21.
Following this latest acquisition, the Group has reached revenues of €135 million.