Ardian bought the stake from fellow private equity firm 21 Investimenti and other investors.
RGI’s founder will retain a 20 per cent stake in the company and the remaining eight per cent will be held by the management, including RGI Group CEO Vito Rocca.
RGI reported a turnover of €50m for 2013, 90 per cent of which was generated in Italy.
Ardian managing partner Dominique Gaillard said, “Information and communication technology is a particular and potentially full of opportunities sector, where Rgi is a key company, which we believe could continue its growth outside Italy.
“Thanks to our long term perspective, we will provide RGI the necessary stability to achieve an international success. We strongly believe in the great potential of the company’s management and we will support Paolo Benini and Vito Rocca in this exciting journey of growth.”
Ardian’s other recent deals include the acquisition of toy manufacturer Schleich from fellow private equity firm HgCapital.
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