Italian banking services provider Istituto Centrale delle Banche Popolari Italiane (ICBPI), backed by Advent International, Bain Capital Europe and Clessidra, has acquired DB Cards Acquiring, the Italian merchants acquiring branch of Deutsche Bank.
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With the fresh capital, IM Square plans to acquire three to six additional asset managers
Historical investors, including the Region Paris Venture fund and Sibessor2/Investessor, also take part
Early-stage investors High-Tech Gründerfonds and Bayern Kapital are also taking part