M&A Deal Summary

Intesa Sanpaolo Acquires Banca 5

On December 19, 2016, Intesa Sanpaolo acquired financial services company Banca 5 from Wise Equity for 153M EUR

Acquisition Highlights
  • This is Intesa Sanpaolo’s 1st transaction in the Financial Services sector.
  • This is Intesa Sanpaolo’s 2nd largest (disclosed) transaction.
  • This is Intesa Sanpaolo’s 1st transaction in Italy.

M&A Deal Summary
Date 2016-12-19
Target Banca 5
Sector Financial Services
Buyer(s) Intesa Sanpaolo
Sellers(s) Wise Equity
Deal Type Add-on Acquisition
Deal Value 153M EUR

Target

Banca 5

Milan, Italy
Banca ITB is the first online bank in Italy to operate in the payment system sector. This bank exclusively serves the network of licensed points of sales that distribute postage stamps, postmarks, tax and similar stamps and carry out certain payment and collection services.

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Buyer(S) 1

Buyer

Intesa Sanpaolo

Turin, Italy
Category Company
Founded 2007
Sector Financial Services
DESCRIPTION

Intesa Sanpaolo S.p.A is a provider of banking products and services.

DEAL STATS #
Overall 1 of 3
Sector (Financial Services) 1 of 3
Type (Add-on Acquisition) 1 of 2
Country (Italy) 1 of 2
Year (2016) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-15 Intesa Sanpaolo Card d.o.o.

Zagreb, Croatia

Intesa Sanpaolo Card d.o.o. is a provider of payment solutions, dedicated to developing and managing its payment business on an international level. The company serves clients from financial, retail and public sector across Central-Eastern Europe and in the Mediterranean basin, through comprehensive card issuing, card acquiring and other supplementary solutions which add value to partners’ business.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-29 Euronext

Amsterdam, Netherlands

Euronext is a provider of a broad portfolio of products, services, and platforms that cover the full range of financial market services. Euronext provides listing, trading, market data, indices, clearing, settlement, and custody as well as the development and operation of high-end trading systems. Euronext is based in Amsterdam. Euronext was founded in 2000 and is based in Amsterdam, the Netherlands.

Buy -

Seller(S) 1

SELLER

Wise Equity

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 1.3B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Wise SGR is a private equity investment firm that seeks middle-market buyout and growth capital investments primarily in Italy. Wise looks to invest €5 to €25 million in companies valued up to €75 million. Wise is a generlist investor and will consider opportunities in a variety of sectors, however the Firm has a preference for companies operating in capital equipment, manufacturing, and services. Wise SGR was formed in 2000 and is based in Milan.

DEAL STATS #
Overall 11 of 22
Sector (Financial Services) 2 of 2
Type (Add-on Acquisition) 4 of 9
Country (Italy) 11 of 22
Year (2016) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-15 Stroili Oro Group

Amaro, Italy

Stroili Oro Group SpA is an Italian retail chain for jewellery, watches and other affordable gold and silver accessories.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-31 Tapì

Padua, Italy

Tapì is a designer and producer of synthetic T Tops, which are mainly used for premium and super-premium spirit bottles. Tapì was formed in 1999 and is based in Padua, Italy.

Buy -
Mergr

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