Mercury, a joint vehicle owned by Advent, Bain Capital and Clessidra, has acquired payment processing platforms Setefi and Intesa Sanpaolo Card (ISP Card) from Intesa Sanpaolo for €1bn.
ECI is currently investing from its ECI 11 fund, which closed on £700m on July 2018
GP will partner with NovaSparks CEO Luc Burgun to consolidate in a range of financial markets
Investment is an extension of the €22.5m series-A round raised by Bnext in October 2019
Signage company filed for insolvency in 2019, citing a fall in revenues from automotive clients