21 Partners has made a voluntary public tender offer for RGI SpA, a listed Italian provider of software, consulting and outsourcing services. The offer is being made in partnership with company founder Paolo Benini.
21 Partners, the International private equity group, and Sirius Holding of Paolo Benini, founder of RGI Group, announce a voluntary public tender offer for RGI S.p.A., through their joint holding company Afrodite that owns 80,3% of Newco Diana, the vehicle responsible for the operation. The offer is subject to a threshold of 90% of the share capital of RGI to be delivered, as noticed today to Consob and Borsa Italiana.
RGI Group is one of the most dynamic ICT companies in Italy, with a proven leadership position in the provision of software, consulting and outsourcing services specifically for the insurance industry. Since 2004, RGI is listed on the Italian Stock Exchange – Expandi Market Class 1 and operates in Italy, France and Ireland.
Mediobanca advised Sirius Holding in the selection of the most suitable financial partner and assisted Newco Diana for the takeover offer.
21 Partners is an entrepreneurial and international private equity group, conceived by Alessandro Benetton, that operates as active partner for mid-size companies, providing know-how, entrepreneurial and financial expertise, together with a unique international and institutional network of relations.
21 Partners is an entrepreneurial and financial international group, conceived by Alessandro Benetton, that invests in mid-size companies to enable them to exploit their potentials. It has built over the years an experienced team of 27 professionals driven by 8 Managing Partners. 21 Partners invests in companies with an enterprise value in the range of 50 to 500 million of euros, with a particular focus on those in the range of 50 to 300 million of euros.
21 Partners, that operates in Italy with 21 Investimenti and in France with 21 Centrale Partners, manages Private Equity funds for third party investors for a current asset value of around 1 billion of euros.