A new addition to Safety21. HAT Sicaf, an investment fund belonging to the HAT Orizzonte Group, acquired a 30% stake for approximately €6 million, mainly through a capital increase.

HAT Sicaf is an investment fund that specialises in private equity transactions. It is promoted and controlled by managing partners Nino Attanasio and Ignazio Castiglioni and is owned by leading Italian entrepreneurs as well as by Fondo Italiano d’Investimento (Italian Investment Fund), the latter controlled by Cassa Depositi e Prestiti and other leading Italian banks.

Representing HAT Sicaf, Nino Attanasio and Ignazio Castiglioni, respectively Chairman and CEO of the HAT Orizzonte Group, thus joined the Safety21 Board of Directors in July 2016.

“We are very pleased”, commented Ignazio Castiglioni, “to announce our investment in Safety21, an outstanding and innovative Italian technology company that plays an important role in road safety and has a highly scalable business”.

HAT, which has the objective of accelerating the development of the companies in which it invests, will support Safety21’s management in its growth through the consolidation of its market position.