Kitra Advisory advises Dynamica Retail partners on the sale to Banco Desio
Details
Client: Dynamica Retail S.p.A.
Date: January 2024
Activity: M&A Advisory
Link to the press release: Link
Description of the Deal
Kitra Advisory advised the shareholders of Dynamica Retail S.p.A. on the sale of a majority stake to Banco Desio, through the purchase of a majority stake and the subscription of a capital increase reserved for Banco Desio.
Company Profile
Dynamica Retail is an Italian company operating in the consumer lending sector, specifically in personal loans secured by salary-backed loans. Following the deal, Banco Desio holds an 89% stake in the company, while the remaining share keeps being owned by the management, who will continue to contribute to the group’s growth.
Rationale of the Deal
With Dynamica’s entry into the group, Banco Desio strengthened its distribution capabilities and consumer credit offering.
