Abbrevia, a Business Information company, has completed the sale of 100 % of its share to Innovative-RFK and a club deal of private investors through the Bidco AML vehicle, controlled by DigitalInfo. The two co-founders of Abbrevia will each reinvest 20 % in DigitalInfo’s share capital.
Innovative-RFK is an industrial holding company founded in 2017 and listed on the Euronext Access market in Paris.
Cross Border with the support of Alessandro Baroni (Partner & Board Member) and Antonio Di Paoli (Senior Analyst) assisted the property as exclusive advisor, managing the entire sale process. Abbrevia was supported in the selection of possible counterparties and in the preparation of documentation for potential investors, up to the structuring of the transaction and negotiation.
Innovative-RFK’s investment into the capital allowed the company to enter into a partnership that would enable Abbrevia to pursue: a plan for organic development and growth through the expansion of the services offered and an inorganic growth through the acquisition of companies focused in complementary areas of the business intelligence sector.