Kitra Advisory with SCM SIM and its majority shareholder, HPS Holding, on the sale to Banco Desio via a tender offer
Details
Client: SCM SIM – HPS Holding
Date: April 2026
Activity: M&A Advisory
Link to the press release: Link
Description of the deal
Kitra Advisory acted as sole financial advisor to SCM SIM and its majority shareholder, HPS Holding, in relation to the voluntary Public Tender Offer launched by Banco Desio on the entire share capital of SCM SIM, with the reinvestment of the company’s key managers following the PTO.
Company Profile
SCM SIM is an independent investment firm authorised to provide portfolio management, placement and investment advisory services, listed on Euronext Growth Milan and managing approximately €1 billion of Assets under Custody.
Rationale of the Deal
The transaction is part of Banco Desio’s broader strategy of strengthening its position in the Wealth Management and Financial Advisory segments. The integration of SCM SIM will enable the bank to expand the scope of the services offered to the clients, through an operating platform deemed strategic for the development of the Wealth Management activities.
