Reported about 11 hours ago
Private equity firm Nextalia is exploring the potential sale of its Italian wealth tech company, Firstance, which offers insurance brokerage services for institutional and high net worth clients. Currently working with Rothschild & Co. to assess market interest, Firstance could be valued around €250 million ($263 million). Initial interest in the asset has been shown by other private equity firms, although Nextalia may choose to retain it for a longer period. Firstance has experienced growth through technological investments and acquisitions, managing over €40 billion in assets.
Source: YAHOO