The art of the tech deal
Italian private equity firm Progressio’s latest investment, in digital services company Archiva, originated not from an auction but a "beauty contest" with few players, organised by the seller's M&A adviser, explains partner Massimo Dan in today’s top story.
Through this deal, the GP says it is betting on specialist IT businesses, while simultaneously being wary of risks associated with sub-sectors that are "too fragmented".
In a comprehensive discussion detailed below with Real Deals’ senior reporter Silvia Iacovcich, Progressio’s Dan and colleague Beatrice Capretti also highlight the value creation plans for their latest investment and their fundraising progress.
Shivani Khandekar
Reporter
shivani.khandekar@realdealsmedia.com