Ardian has acquired a minority stake in FiloBlu, a digital consulting company based in Italy.

The Europe-focussed buyout house will help FiloBlu implement an ambitious three-year growth strategy, widening the company’s international presence and investing in research, innovation and training. Deal value was undisclosed.

Founded in 2009 by entrepreneur Christian Nucibella, FiloBlu works to develop digital strategies, ecommerce and omnichannel solutions for brands and retailers.

The Venice-based company employs 120 people across eight offices worldwide, including four in Italy.

FiloBlu was recently named one of the “Best Managed Companies” in Italy by Deloitte, having been ranked in its “Technology Fast 500 EMEA” list for three years in a row.

“By carrying out this initiative alongside Christian Nucibella, we’re showing our desire to become a leading partner of companies like FiloBlu, which has put into practice an effective growth model on an international scale,” said Ardian’s managing director, Laurent Foata.

Senior Investment Manager at Ardian, Bertrand Schapiro, added: “After having combined profitability with very fast organic growth, FiloBlu is starting a new stage of its growth. We are pleased to support the company on its journey.”