By signing a EUR 6 million financing agreement with Itway, a high- tech Italian company, Nice & Green confirms its policy to invest in and finance selected small and mid-cap with high potential.
Itway S.p.A. (“Itway”), a company listed on the MTA segment of the Italian Stock Exchange, active in IT, Cyber Security and Artificial Intelligence (AI), has signed an investment contract for EUR 6,000,000 (six million) with Nice & Green SA (“Nice & Green”) to pursue its growth.
The purpose of the transaction is to strengthen its financial and corporate structures. The capital raised from the transaction with Nice & Green will provide Itway with additional capital and financial resources that will be used to accelerate the development of the Company’s growth and investment strategies in the market segments in which Itway operates.
G. Andrea Farina, Itway’s President and CEO:
« This contract signed with a prestigious international investor is based on a safe and balanced relationship. It offers to Itway a committed and flexible financing with a cost inferior to market standards. This investment will allow our company to accelerate its industrial strategy on the long run and to sustain its research and development program in all segments where we operate, in particular in the cybersecurity field« .
Nice & Green is an international investor specializing in finance for growth and development dedicated to listed companies with high development potential. Already well established in Sweden, Spain, France and Switzerland, Nice & Green has a substantial portfolio of small and mid- cap companies and Itway represents their second transaction in Italy.
About Itway S.p.A.
Founded in Ravenna on July 4, 1996, Itway S.p.A. leads an IT industry group through the design, production and distribution of technologies and solutions in the cybersecurity, cloud computing and big data sectors. For more than 20 years, the group has been the benchmark for digital transformation solutions and services. Itway has been listed on the Italian Stock Exchange since 2001.
About Nice & Green SA
Nice & Green SA is an independent Swiss Proprietay Equity Investment and Alternative Financing company who helps small and mid-sized listed companies to secure funding needed for their growth. Nice & Green is owned and managed by two principals and capitalizes on establishing long term financial partnership with the companies it assists.