Jigen Holding, investment vehicle participated by Cronos Capital Partners Srl and other co-investors, has acquired through the investment vehicle Smart Security Investments Srl a majority interest in Ksenia Security SpA, Italian excellence active in the field of intrusion detection, Smart Home and access control systems, which stands out for its high degree of attention to eco-sustainability.

In this MBO transaction, Giorgio Finaurini (CEO) and the top management team reinvested jointly. Raffaele Di Crosta, the historical controlling shareholder of the company, re-invested with a minority stake together with Jigen Holding.

The purpose of the transaction is to support the company growth and to create an investment platform for the consolidation in the security sector, by expanding the offering, entering related segments and internalising key processes through targeted acquisitions.

PedersoliGattai advised Jigen Holding on corporate M&A aspects with a team led by Carla Mambretti (partner) and composed of Enrico Candotti (counsel) and Federico Montorsi (senior associate).  The due diligence activity was managed by a team composed Nicola Martegani (senior counsel) and Clara Balboni (senior associate).