21 Italy to invest in Assicom, Italy’s #1 provider of B2B credit collection services and a leading player for business information

July 1, 2012

21 Investimenti is pleased to announce its forthcoming investment in Assicom, Italy’s #1 provider of B2B credit collection services and leading player for business information.

Assicom was founded in the early 1990s and provides tailor made B2B credit collection services for the recovery of trade debts both in Italy and abroad, in addition to business information services, enabling its customers to evaluate the good-standing and solvency risk of clients and counterparties. The company employs around 195 full time employees, in addition to a network of 77 sales agents and 450 lawyers, and has enjoyed double digit growth over the last four years. Today, Assicom has over 8,000 corporate clients across all economic sectors throughout Italy. 

21 Investimenti represented the ideal partner for the company’s founder who was looking for a like-minded entrepreneurial team to provide support in pursuing further expansion. The founder, who has demonstrated strong commitment to the project, is to retain a significant stake in the company and is fully aligned with 21 in terms of value creation and exit strategies.

In a market context of solid growth, expected to continue in the coming years, the founder and 21 Investimenti will focus on driving expansion of the current customer base, mostly through an effective build-up strategy, which will not only create synergies and thus provide for improved operational efficiency, but will also allow for a more comprehensive product range and strong cross-selling potential. The support of 21 will also be valuable in pursuing geographic expansion in selected European markets, with potential acquisitions abroad already under investigation.

The success of Assicom’s story so far has created the solid foundations that, with the support of 21 Investimenti, form the basis for compelling growth going forward.

21 Invest backed Aussafer acquires Ramo

Aussafer, a leading Italian player in sheet metal working with a focus on precision laser cutting services and backed by 21 Invest since December 2020, has acquired Ramo, a company operating in the same sector but focused on cold forming sheet metal.
Read more
Load More
Fail to load posts. Try to refresh page.