Finance Bahrain’s Investcorp agrees to buy Italy’s Epipoli By Pramod Kumar January 17, 2025, 9:32 AM Unsplash.com/Blake Wisz Epipoli owns the largest customer relationship management and loyalty programme in Italy, with over six million customers Bahrain’s Investcorp has finalised a deal to acquire Epipoli, an Italian alternative payments company. The asset will be purchased from London-headquartered private equity Bregal Milestone and Epipoli founder and CEO Gaetano Giannetto. Giannetto will continue to hold a significant minority stake and lead the company. No terms of the transaction were disclosed. Epipoli owns the largest customer relationship management (CRM) and loyalty programme in Italy, with over six million customers. It has a turnover of €400 million. José Pfeifer, head of European private equity buyouts at Investcorp, said the acquisition will allow Epipoli’s expansion across Europe. Investcorp refocuses on inward GCC investment Investcorp buys US student housing assets for $160m Investcorp Capital invests $280m in growth sectors The transaction is subject to regulatory approval and other closing conditions. Since 2012, Investcorp European private equity has invested more than €2 billion in regional companies. The agreed acquisition of Epipoli follows previous investments in other Italian-headquartered companies, such as SEC Newgate, Innova Semplice, Vivaticket, and Dainese. Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later
