DEPObank - Banca Depositaria Italiana SpA
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DEPObank - Banca Depositaria Italiana SpA - overview
Established
2018
Location
Milan, -, Italy
Primary Industry
Financial Services
About
Based in Italy, DEPObank - Banca Depositaria Italiana SpA functions as a custodian bank, providing asset management, securities services, and financial solutions tailored for institutional clients across Europe. DEPObank - Banca Depositaria Italiana SpA was formed in 2018 and is headquartered in Milan, Italy. The company specializes in custody and administration of assets, offering a range of services to institutional investors. It has engaged in 2 deals, with the most recent on May 13, 2020.
The company was acquired by Banca Farmafactoring S. p. A. , which secured a 76% stake in a cash deal, completing the transaction in March 2021.
The acquisition will integrate DEPObank into the Banca Farmafactoring S. p. A. structure as an autonomous division, enhancing its service offerings.
DEPObank provides a comprehensive suite of financial solutions aimed at institutional clients. These services include securities custody, asset administration, and various transactional services designed to optimize financial operations for investors. By managing assets for clients, DEPObank ensures compliance with regulatory frameworks while maximizing operational efficiency, catering specifically to the needs of institutional investors across Europe. In the most recent year, DEPObank reported a revenue of EUR 174,020,438.
90 with an EBITDA loss of EUR 37,290,301. 40, indicating the financial landscape in which it operates as it continues to develop its service offerings. Looking ahead, DEPObank aims to expand its market presence and enhance its product offerings. Following the recent acquisition by Banca Farmafactoring S.
p. A. , plans are in place to develop new financial products tailored to the evolving needs of institutional clients. The company is targeting further expansion into international markets, focusing on regions such as Spain and France by 2023.
The integration into Banca Farmafactoring will support these initiatives, leveraging their existing resources and market knowledge to drive growth and improve service delivery.
Current Investors
Banca Farmafactoring S.p.A., Equinova UK HoldCo Limited
Primary Industry
Financial Services
Sub Industries
Brokerages, Credit Collections & Services, Investment Banking
Website
www.depobank.it
Verticals
Artificial Intelligence, FinTech, FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
DEPObank - Banca Depositaria Italiana SpA - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | DEPObank - Banca Depositaria Italiana SpA | - | ||||||||
| Add-on | Completed | DEPObank - Banca Depositaria Italiana SpA | - |
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