Rumors on the aquisition of Italian Credit Servicer Prelios by the Ion Group

The rumors relating to the acquisition of Prelios by the ION Group which refers to Andrea Pignataro are increasingly insistent.

From the rumors circulating on the market, it appears that the Italian government is evaluating the application of the Golden Power to block the closing which would allow the creation of a player between Cerved (Ion Group) and Prelios with total volumes of NPEs under management equal to approximately 67 billion euros. If the operation were to be successful, the overall entity would rank second among Italian credit servicers for GBV of loans under management, immediately after the DoValue group.

Ion announced the acquisition of Prelios a few months ago even though the US fund Davidson Kempner (Dk), shareholder of Prelios, had opened the dossier for the sale some time ago.

We remind you that the Ion group controls various data and information companies of Dealogic, and Acuris (Mergermarket and Debtwire brands), Cedacri and obviously Cerved. It also acquired 10% of illimity and 32% of Cassa di Risparmio di Volterra.

Roberto Sergio

Managing Director of Credit Village, Roberto Sergio has more than 20 years of experience in NPL and distressed debt in the Italian and International market. He is the editor of the NPL column in Credit Village Magazine and the director of Credit Village's National NPL Market Observatory.

Credit Village is a leading company in the field of specialized publishing and event organization for the credit management industry and in all issues and aspects related to the NPE market, including ESG , M&A, Real Estate etc. Credit Village has been the first company in Italy to bring the culture of the credit management industry to the press, events and online, creating the largest community in the sector around itself.

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