Backed by private equity houses Advent International, Bain Capital Europe and Clessidra, Istituto Centrale delle Banche Popolari Italiane (ICBPI) has acquired the merchant payments business of Italian lender Monte dei Paschi di Siena (MPS).
Other investors in the deal include venture capital firms NextStage and Mi3 Venture Partners
Corporate services provider Equiom was bought by LDC in a 2013 secondary buyout
Corialis has expanded its workforce by more than 40% under the ownership of Advent
Telecommunications support business will look to undertake a geographic expansion strategy