The American investment company TPG Capital LP has sent an official offer to acquire the digital banking solutions division of the Italian financial company Nexi SP for 1 billion euros ($1.15 billion) after several months of negotiations. This is reported in a press release from TPG.
TPG Capital has given Nexi until mid-December to make a decision on the deal, the proceeds of which "can be used to support the current sluggish growth of the core business, or to reduce the debt burden." In March 2025, TPG submitted an initial offer to acquire the Nexi division for 800 million euros ($870 million).
Nexi has previously attempted to sell some of its digital banking assets, including negotiations with the Italian fund F2i on an 800 million euro deal in 2023, but negotiations were interrupted due to resistance from some shareholders, given the strategic importance of the assets.
The digital banking solutions division is Nexi's slowest—growing business, with revenue of 274 million euros in the first nine months of 2025, compared with 1.5 billion euros in the transaction processing division and 852 million euros in the segment for issuing and managing 140 million payment cards. At the same time, the segment of trading solutions will grow by 3-5% by 2028.
Nexi planned to increase the return on shares by 20% to 600 million euros in 2025 and increased the value through the acquisition of a rival company, Nordic Nets A/S, and some Italian businesses. At the same time, Nexi's total market value is 6.6 billion euros.
Payment companies owned by the world's largest banks have begun to attract investors in the private equity and stock market over the past decade, as the sector has expanded in all segments, from providing card readers at store cash desks to bill payment applications and transactions with major companies.
Nexi is an Italian financial company in the field of electronic financial transactions. The headquarters is located in Milan (Italy) with offices in European countries.
TPG Capital is an American investment company headquartered in Fort Worth, Texas. TPG manages investment funds in the venture capital, public equity and debt sectors and assets in retail, media and telecommunications, industry, technology and healthcare.
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