26-02-2025
Nextalia Said to Explore Sale of Italian Wealth Firm Firstance
Private equity firm Nextalia is exploring options for Italian wealth tech firm Firstance including a possible sale, according to people familiar with the matter.
The Milan-based buyout firm is working with Rothschild & Co. to gauge interest in the business, which provides insurance brokerage services to institutional and high net worth clients, the people said. Firstance could be valued at about €250 million ($263 million) in a transaction, the people said, asking not to be identified because the information is private.