Milan, 30th December 2025 – Advent International L.P. (“Advent”) acting on behalf of certain private equity funds managed and / or advised by it, and Nextalia SGR S.p.A. (“Nextalia”), acting on behalf of certain private equity funds managed by it (together the “Sponsors”), announce the completion of the acquisition of a 38.74% stake in Tinexta S.p.A. (“Tinexta” or the “Group”) from the current majority shareholder Tecno Holding S.p.A. (“Tecno Holding”). All regulatory approvals have been granted, and all offer conditions have been satisfied. For further information regarding the conditions precedent, please refer to the press release published on 24 December 2025 on Tinexta website, www.tinexta.com.
Tinexta is an Italian group with digital transformation at its core, operating across three divisions: Digital Trust, Cybersecurity, and Business Innovation. The Digital Trust division is a leading player in the Italian and European Digital Transaction Management market, enabling secure and trustworthy digital transactions between individuals and service providers as well as offering crucial digital tools for independent professionals. The Cybersecurity division offers a wide range of products and services within the Italian cybersecurity market. Lastly, the Business Innovation division supports SMEs and enterprises in innovation, sustainability, and internationalization processes through specialised advisory services.
Tinexta currently remains listed on the Euronext STAR Milan Segment. The Sponsors will launch, acting in concert with Tecno Holding, a mandatory tender offer for Tinexta’s shares (the “Offer”), with the aim of delisting from the Euronext STAR Milan market, at the same price (€15 per-share) paid to Tecno Holding in the context of the Acquisition.
Francesco Canzonieri, CEO of Nextalia, commented: “We are pleased to have completed this transaction and to formally begin our partnership with Tinexta alongside Advent and Tecno Holding. This acquisition represents a compelling opportunity to invest in a high-quality Italian platform with strong technology assets, a proven management team and a clear potential to scale. Together with our partners, we aim to support Tinexta in the execution of its strategic plan, accelerating growth across its core businesses. This transaction fully reflects Nextalia’s strategy of backing Italian excellence and creating long-term value through disciplined private market investments.”
Francesco Casiraghi, Managing Director at Advent, commented: “We are delighted to have completed this transaction and to begin our partnership with Tinexta at such an important moment in its development. With strong technology capabilities, a high-quality management team and a diversified customer base, Tinexta has all the ingredients to become a leading European platform. Together with Nextalia, we look forward to supporting its next phase of growth and creating long-term value for all stakeholders.”
About Advent
Advent International is a leading global private equity investor committed to working in partnership with management teams, entrepreneurs, and founders to help transform businesses. With 16 offices across five continents, it oversees more than EUR €85 billion in assets under management* and has made 435 investments across 44 countries.
Since its founding in 1984, it has developed specialist market expertise across its five core sectors: business & financial services, consumer, healthcare, industrial, and technology. This approach is bolstered by its deep sub-sector knowledge, which informs every aspect of our investment strategy, from sourcing opportunities to working in partnership with management to execute value creation plans. Advent brings hands-on operational expertise to enhance and accelerate businesses.
As one of the largest privately-owned partnerships, its 675+ professionals leverage the full ecosystem of Advent’s global resources, including its Portfolio Support Group, insights provided by industry expert Operating Partners and Operations Advisors, as well as bespoke tools to support and guide its portfolio companies as they seek to achieve their strategic goals.
*Assets under management (AUM) as of June 30, 2025. AUM includes assets attributable to Advent advisory clients as well as employee and third-party co-investment vehicles.
About Nextalia
Nextalia SGR is an investment platform promoted by Francesco Canzonieri together with leading Italian institutional investors (Intesa Sanpaolo, Unipol Assicurazioni, Aurelia, Finprog Italia, Fondazione ENPAM, H14, Istituto Atesino di Sviluppo, Massimo Moratti S.a.p.a, Confcommercio, Confindustria, Bonifiche Ferraresi and Micheli Associati).
With the aim of investing in Italian excellence to accelerate sustainable growth, Nextalia manages over two billion euros and positions itself as the leading platform in Italy for private market investments. Nextalia manages five funds, “Nextalia Private Equity”, “Nextalia Credit Opportunities”, “Nextalia Ventures”, “Nextalia Capitale Rilancio” and “Nextalia Flexible Capital” and has recently launched the fundraising phase for “Nextalia Credit Solutions” and “Nextalia Private Equity II” funds.
Media contacts
Advent
Community
Giulia Polvara
[email protected]
+39 334 2823514
Nextalia
Marina Marchese
Gregorio Galimberti
[email protected]
MAIM Group
Andrea Pontecorvo
[email protected]
+39 393 5486192
