M&A Deal Summary

Wise Equity Acquires Totobit Informatica Software e Sistemi

On January 1, 2001, private equity firm Wise Equity acquired financial services company Totobit Informatica Software e Sistemi

Acquisition Highlights
  • This is Wise Equity’s 1st transaction in the Financial Services sector.
  • This is Wise Equity’s 1st transaction in Italy.
Investment Fate
  • Totobit Informatica Software e Sistemi was sold to a strategic buyer in 2003.

M&A Deal Summary

Date 2001-01-01
Target Totobit Informatica Software e Sistemi
Sector Financial Services
Buyer(s) Wise Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

Totobit Informatica Software e Sistemi

Milano, Italy
Totobit is electronic invoicing and payment systems for cellular phones, pre-paid cards, credit and debit cards. Co-leader in the Italian market.

Search 214,877 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

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 1 of 44
Sector: Financial Services M&A 1 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 32
Country: Italy M&A 1 of 43
Year: 2001 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-07-01 Selective Beauty SAS

Paris, France

Selective Beauty is an independent international distributor of cosmetic products founded in 2000. The company is located in Paris and owns distribution subsidiaries in UK, Germany, Italy and Poland. The company aims at becoming a leading independent distributor of cosmetics in the selective channel in all the main European markets: in 2002 it became the largest independent distributor in France. Some of the cosmetic brands distributed by Selective Beauty include, among others, Elizabeth Arden, Lancaster, Lanvin, Fendi and Bulgari.

Buy -