Milano / Senigallia / Piacenza, Italy – 10th December 2025 – Namirial, a leading European provider of digital trust and digital transaction management solutions, backed by Bain Capital, PSG Equity and Ambienta, today announced that it has signed an agreement to acquire Smouse, the RegTech platform of Studio Informatica S.r.l., a specialist in regulatory compliance software for financial institutions and enterprises.
The transaction will bring together Namirial’s digital identity, signature and trust services portfolio with Smouse’s mission-critical solutions for certified email management, anti-money laundering (AML), tax authority compliance, and retail banking automation, widely adopted across the Italian banking, financial services and insurance sectors.
Founded in 1995 and headquartered in Piacenza, Studio Informatica serves leading Italian banks, insurers, and large enterprises with advanced software products, many of which are embedded in customers’ core processes and delivered under highly recurring SaaS models. Smouse solutions help organizations automate certified communications, monitor AML obligations, manage reporting to tax authorities, and streamline key banking workflows, enabling customers to reduce operational risks while keeping pace with an increasingly complex regulatory environment.
Under Namirial ownership, Smouse will operate as the Group’s RegTech center of excellence, with its current leadership team remaining in place. The combined offering will accelerate innovation for financial institutions and other highly regulated organizations, while creating cross-selling opportunities across Namirial’s customer base.
Namirial was advised by Legance and KPMG. Studio Informatica’s shareholders will reinvest a portion of their proceeds and join the shareholding group of Namirial.
Max Pellegrini, CEO of the Namirial Group, said: “Smouse is exactly the kind of company we want to partner with at Namirial: highly entrepreneurial, deeply specialized, close to its customers, and recognized as a trusted partner for mission-critical compliance. By combining Smouse’s best-in-class RegTech capabilities in tax and AML compliance with Namirial’s digital trust and identity solutions, we will be able to support our customers along the whole lifecycle of a regulated digital transaction; from onboarding and identification, to signing, reporting and ongoing supervision. This acquisition confirms our ambition to be one of the most innovative players in the European market for regulated digital services.”
Giacomo Summa, General Manager of Smouse, added: “Joining Namirial is an incredible opportunity in Smouse’s growth journey. Our clients rely on us every day to navigate fast-changing regulations and to keep their operations compliant and efficient. Together, with Namirial, an international leader in Digital Trust, we will be able to significantly accelerate our product roadmap, invest in and tap into new opportunities such as AI and automation, and bring our solutions to a broader international scale, while preserving the customer proximity and domain expertise that have defined Smouse since the beginning. In addition, as shareholders of Studio Informatica, we are very excited to join Namirial’s shareholder group and participate in the next journey of growth.”
Giovanni Camera, a Partner at Bain Capital, added: “Smouse is a leading RegTech software provider addressing financial institutions. Giacomo and the whole Smouse management team have had considerable success in driving innovation and growth in product segments that are highly complementary to those of Namirial, and we expect the acquisition to result in an improved offering and value proposition for banks and insurance customers. We are also very pleased to welcome Studio Informatica’s shareholders as partners in Namirial.”
Studio Informatica was advised by Klecha & Co. as financial advisor, by Advant NCTM for legal matters, and by Deloitte for transaction support.
About Namirial
Namirial is a leading European provider of digital trust, identification and transaction-management solutions. The company delivers qualified trust services, electronic signatures, identity verification, certified communications and workflow platforms that enable organizations to digitize and secure their business processes end-to-end. Namirial serves financial institutions, enterprises and public administrations across multiple countries through a combination of cloud services, on-premise software and trusted service operations.
To learn more, visit www.namirial.com and follow Namirial on LinkedIn.
About Smouse / Studio Informatica
Based in Piacenza, Italy, Studio Informatica – through its Smouse platform – is a RegTech provider focused on helping organizations manage complex regulatory obligations. Its portfolio includes solutions for tax authority compliance, AML surveillance, certified email and communication management, and retail banking process automation. The company serves more than 360 clients, primarily banks, financial institutions and insurance companies, supported by a team of around 85 professionals operating largely in remote and hybrid working models.
For more information, visit www.smouse.it/en.
About Bain Capital
Founded in 1984, Bain Capital is one of the world’s leading private investment firms. We are committed to creating lasting impact for our investors, teams, businesses, and the communities in which we live. As a private partnership, we lead with conviction and a culture of collaboration, advantages that enable us to innovate investment approaches, unlock opportunities, and create exceptional outcomes. Our global platform invests across five focus areas: Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. In these focus areas, we bring deep sector expertise and wide-ranging capabilities. Our Special Situations team focuses on capital solutions opportunities that provide companies flexible capital that meets their specific needs, coupled with deep operational, strategic and financial value-add capabilities. We have 24 offices on four continents, more than 1,850 employees, and approximately $205 billion in assets under management.
To learn more, visit www.baincapital.com. Follow Bain Capital on LinkedIn and X (Twitter).
About PSG Equity
PSG Equity is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities, and build strong teams. Having backed more than 160 companies and facilitated over 530 add-on acquisitions, PSG Equity brings extensive investment experience, deep expertise in software and technology, and a firm commitment to collaborating with management teams. Founded in 2014, PSG Equity operates out of offices in Boston, London, Paris, and Madrid.
To learn more visit www.psgequity.com.
About Ambienta
Ambienta is a European investment manager, founded in 2007, pioneering sustainable investing in environmental champions across private equity, public markets, and private credit. With offices in Milan, London, Paris, and Munich, Ambienta manages over €4bn in assets and is backed by a global and growing investor base. The firm invests in companies driven by environmental megatrends and whose products or services improve Resource Efficiency or Pollution Control. lts science-driven approach identifies environmental champions of the real economy – businesses that deliver strong financial returns while generating measurable positive environmental impact.
An industry pioneer, Ambienta was one of the first UN PRI signatories in 2012 and attained B-Corp status in 2019. In 2020, Ambienta became IIGCC member and in 2023 committed to the Science-Based Targets initiative (SBTi).
To learn more, visit www.ambientasgr.com