CSS

Fineurop Soditic acted as financial advisor to Covisian, controlled by the private equity fund Aksìa Capital IV, in the acquisition of 100% stake in CSS S.p.A. Founded in 1993, CSS is one of the major Italian player in the credit collection business and litigation management business. It employs 260 people and registered a turnover of Euro 10 million with an EBITDA margin of 16%. The Company has a portfolio of high profile clients among which UniCredit, TIM, Findomestic, Agos, Compass, Credem and Unipol. Covisian, with a turnover of Euro 120 million, was born from the initiative of Aksìa Group SGR S.p.A. at the beginning of 2016, with the acquisition and integration of Visiant Contact and Contacta. Through this investment Covisian strengthens its position in the credit collection business. The know-how of CSS, integrated with the expertise of Covisian, enables a complete offering for credit management. The transaction is part of Covisian strategy that aims at growing both in Italy and abroad, through add-on acquisitions.