Baker McKenzie, a leading global law firm, is currently advising Bain Capital on its strategic move to integrate Signaturit into the Namirial Group, marking a significant advancement in Bain’s expansion within the European Digital Transaction Management (DTM) sector. This integration is part of exclusive negotiations that highlight the growing importance of digital transaction management technologies in modern business operations.

The transaction is pending customary regulatory approvals and consultations with employee representatives. Namirial, a major player in digital trust software, is in the process of being acquired by Bain Capital from Ambienta, with the transaction expected to close later this month. Signaturit, a key cloud-based DTM provider based in Southern Europe, specializes in a range of digital solutions including digital identity, electronic signatures, KYC (Know Your Customer), fraud prevention, and eID wallet technology.

This significant merger will create a comprehensive pan-European DTM platform with a robust presence in Italy, Spain, France, and Germany. The new group will boast a workforce of approximately 1,400 employees and will serve over 240,000 clients globally.

Max Pellegrini, CEO of Namirial Group, expressed enthusiasm about the merger, stating, “Businesses are operating in an increasingly digital environment, where stringent security and compliance standards are the norm. Digital Transaction Management software solutions have become essential for meeting these requirements. We are extremely pleased to welcome Pierre and the whole Signaturit team to Namirial and look forward to partnering with them and our shareholders to drive growth in the next years.”

Echoing this sentiment, Pierre Feligioni, CEO of Signaturit, highlighted the opportunities this integration presents: “Together, we have a significant opportunity to drive innovation, expand into key international geographies, and deliver even greater value to our customers. We’re confident that our combined strengths will shape the future of Digital Transaction Management across Europe and beyond. I am pleased to join the ambitious project of the Group and partner with Max and the whole team to develop the business into the leading DTM platform in the next years.”

The cross-border team from Baker McKenzie advising on this transaction includes Private Equity Partners Alex Lewis and David Allen from London, with additional support from Partners Michael Doumet in Paris and Juanjo Corral in Madrid, as well as Senior Associates Grace Blackburn and Oliver Feslier-Holmes and Associates Kirstie Trup and Patrick Sharkey, all based in London.

Signaturit, headquartered in Barcelona, is a leading European provider of DTM solutions, serving over 250,000 customers across more than 40 countries and is recognized as a certified Qualified Trust Service Provider under eIDAS.

Baker McKenzie, founded in 1949 and operational in over 40 countries, is renowned for its expertise in handling complex legal matters including corporate law, litigation, tax, and more. The firm has managed over USD 600 billion in M&A transactions in the past five years, demonstrating its prowess in cross-border and multi-jurisdictional legal challenges. Baker McKenzie is also committed to leadership in diversity, inclusion, and sustainable business practices.