Bank Sinara bought 3.6% of IT solutions provider Softline – Kommersant

Bank Sinara bought 3.6% of IT solutions provider Softline – Kommersant

The main shareholder of Softline, Atalaya, transferred 3.6% of the capital of the IT solutions provider Softline to the Sinara Bank Private equity division. This is stated in message companies.

Another 6% of Softline, which was owned by Atalaya, will be transferred to an independent investment company. However, its name is not specified. The unnamed investor already owns Softline shares: after the transaction, his share will increase to 9.4%.

Softline is a provider of solutions and services in the field of digital transformation and information security. At first, the company sold licenses to Microsoft software. In 2021, Softline raised $400 million through an IPO on the London Stock Exchange. Capitalization amounted to $1.5 billion.

Previously, the company’s Russian assets were part of the global Softline Holding PLC group. In the summer of 2022, Softline Holding divided its business into Russian and international. As a result, the Russian business with the Softline holding company became independent.

Earlier, Kommersant learned that Softline intends to acquire 100% of the cash register equipment manufacturer Atol from its shareholders Alexey and Irina Makarov. Market sources estimate the possible transaction amount at RUB 5 billion.

Read more in the publication “Kommersant” “Softline is behind the counter”.

Anastasia Larina

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