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Investcorp, a global alternative investment firm, said it has agreed to acquire Epipoli, an Italian provider of alternative payment solutions, from private equity firm Bregal Milestone.
Financial terms of the deal were not disclosed.
Epipoli, founded in 2000, provides a range of payment services including gift cards, prepaid cards, and employee rewards programmes.
“Investcorp will support Epipoli in further expanding its international reach across Europe,” the firm said in a statement.
Investcorp has been active in investing in European companies, with a focus on technology-enabled businesses.
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