No Result
View All Result
  • Private Data
  • Membership options
  • Login
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data

Home DISTRESSED ASSETS

Guber, one of italy’s top NPLs independent servicers, turns into a bank targeting SMEs

bebeezby bebeez
March 8, 2018
Reading Time: 2 mins read
in DISTRESSED ASSETS, ITALY
Share on LinkedinShare on FacebookShare on Twitter

guberGuber, a leading independent Npl servicer in Italy with about 7.5 billion euros in AuM at the end of  December 2017, is now a bank, Guber Banca, after having cashed in a banking license by the European Central Bank (see here the press release). In the process Guber was advised by Parente & Partners.

Guber Banca is controlled with a 66.7% stake by founders Francesco Guarneri and Gianluigi Bertini while US asset management firm Varde Partners bought a 33.3% stake in March 2017  paying  47 million euros (see here a previous post by BeBeez). With that deal Varde entered the quite rich Italian Npl market following a number of other international investors that had chosen to buy an Italian platform to manage non performing loans in Italy

Founded in 1991, Guber operates all over Italy with more than 180 employees and a network of 280 legal counsels. Guber Banca will be a digital bank focused on SMEs financing and investing and managing bad loans and unlikely-to-pay loans while funding will be provided thanks to online deposits.

This is the same business description that you may read in the business plan published by Spaxs, the Special purpose acquisition company (Spac) promoted by former top manager, banker and Italian Development Ministry Crrado Passera together with former banca Ifis’ head of NPLs area Andrea Clamer, which raised 600 million euros and listed last February at the Aim Italia market targeting a small bank in order to transform it in a digital bank, financing SMEs and buying and managing NPLs (see here a previous post by BeBeez). This will mean that Spaxs is going to face a strong competitor just before starting its business. Unless the competitor turns into a target.

Speaking of potential targets for Spaxs’ acquisition, rumors are that it might be Banca Interprovinciale, a small bank based in Modena in Northern Italy with just 5 branches and owned by a group of Italian entrepreneurs and private investors with Cassa di Risparmio di Rimini as a minority shareholder (9.22%).  Another potential target for Spaxs is said to be  Banco delle Tre Venezie based in Padoa, but hot dossiers are said a total of 12  (see here FinanzaReport).

 

Sign up to our newsletter

Subscribe to our daily newsletter, please fill out the form by clicking the button.

GO TO THE FORM
Previous Post

Life Care Capital Spac to list at Aim Italia next March 7th

Next Post

Italy’s NPLs and private debt weekly roundup. News from Quaestio Cpaital sgr, Ikoi, Kkr Credit, Acerbis and Werther

Related Posts

DISTRESSED ASSETS

British International Investment and Ecobank Sierra Leone Sign $25 Million Risk Sharing Agreement to Boost Private Sector Growth

October 10, 2024
FINTECH

Italy’s angels&incubators and venture capital weekly roundup. News from Valuematic, Progress Tech Transfer, Data Masters, Zanichelli Ventures, Banca Sella, and more 

June 13, 2023
ItaHub

Lorem ipsum dolor sit amet, consectetur adipiscing elit. 

June 13, 2023

CIAO LUCA

Related Posts

DISTRESSED ASSETS

British International Investment and Ecobank Sierra Leone Sign $25 Million Risk Sharing Agreement to Boost Private Sector Growth

October 10, 2024
FINTECH

Italy’s angels&incubators and venture capital weekly roundup. News from Valuematic, Progress Tech Transfer, Data Masters, Zanichelli Ventures, Banca Sella, and more 

June 13, 2023
ItaHub

Lorem ipsum dolor sit amet, consectetur adipiscing elit. 

June 13, 2023

Next Post

Italy's NPLs and private debt weekly roundup. News from Quaestio Cpaital sgr, Ikoi, Kkr Credit, Acerbis and Werther

Arrow Global buys Europa Investimenti and Parr Credit

EdiBeez srl

C.so Italia 22 - 20122 - Milano
C.F. | P.IVA 09375120962
Aut. Trib. Milano n. 102
del 3 aprile 2013

COUNTRY

Italy
Iberia
France
UK&Ireland
Benelux
DACH
Scandinavia&Baltics

CATEGORY

Private Equity
Venture Capital
Private Debt
Distressed Assets
Real Estate
Fintech
Green

PREMIUM

ItaHUB
Legal
Tax
Trend
Report
Insight view

WHO WE ARE

About Us
Media Partnerships
Contact

INFORMATION

Privacy Policy
Terms&Conditions
Cookie Police

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHub
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • Login
  • Cart

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.