One Equity Partners Buying 29.9% Stake in Italian IT Company
June 18, 2013
One Equity Partners has agreed to acquire a 29.9% stake in Engineering Ingegneria Informatica, an Italian IT company. One Equity will purchase about 3.6 million shares for €32 ($42.69) per share. Founded in 1980, the company serves more than 1,000 customers across several sectors, including finance, public administration, healthcare, telecom and industrial services. One Equity's investment will help support the company's consolidation strategy on the domestic market and international expansion.