Brief: Three Hills Capital Partners: announces 64 million euros investment to take Digital360 private
30/05/2023 10:30
May 30 (Reuters) - Digital360 SpA DIGT.MI /THREE HILLS
CAPITAL PARTNERS:
* THREE HILLS CAPITAL PARTNERS: ANNOUNCES 64 MILLION EUROS
INVESTMENT TO TAKE DIGITAL360 PRIVATE, EXPECTS COMPLETION OF
DELISTING OF DIGITAL360 BY END SEPTEMBER
* The transaction is expected to close by July 2023, with a
completion of the delisting process expected by the end of
September 2023. THCP will provide capital to support the
delisting of the Company from the Euronext Growth segment of
Borsa Italiana and finance its ambitious M&A strategy.
* Established in 2012 and headquartered in Milan, D360 was
founded
by a group of professors from Politecnico of Milan University.
The Company operates across two main business units focused on
demand generation for technology vendors and advisory services
for technology buyers.
Further company coverage: DIGT.MI
(Reporting by Sudip Kar-Gupta)
((sudip.kargupta@thomsonreuters.com;))