The joint venture Gardant Bridge Servicing has been launched between the two Groups for the management of distressed credits of BPER Banca and Banco di Sardegna
Through the agreement with Altilia, Gardant will develop new models for document processing to enhance its Data Engine and digital processes.
The transaction involves funding an Italian company managed by Inovalis for the acquisition of an office property located in Assago (MI)
Through the agreement Gardant will enhance the tools at its disposal to continue to evolve its proprietary software suite.
Thanks to the partnership between Gardant Investor SGR, acting as financial partner, and the CS Group, a world-leading industrial operator in the photovoltaic sector, the CSFS fund will invest in a pipeline of 7 plants in Sicily, Sardinia and Lazio.
The Group will act as servicer, corporate servicer, calculation agent and EIB guarantee monitoring agent under the ESG basket bond programme for a total value of at least EUR 100 million intended to finance the sustainable development projects of the country’s companies. The EIB-guaranteed programme was launched by UniCredit and CDP for SMEs and mid-caps. The initial EUR 48 million issue will finance eight Italian companies.
The initiative aims to realise development projects in the field of Data Science, Artificial Intelligence & Advanced Analytics at the service of the Gardant Group’s management and investment activities, through the adoption of the best technological solutions available on the market and by opening collaborations with fintech companies and academic institutions of excellence.
The framework agreement provides for the creation of a joint venture between BPER Group and Gardant Group, which will hold 70%.
As part of the offer, the BPER Group is also foreseen to divest: