ARGOS finalises acquisition of Axitea

Argos, an independent pan-European investment group, has acquired a majority stake in Axitea, a leading Italian provider of digitally enabled surveillance and security services for corporate clients, from Stirling Square, a leading pan-European private equity firm specialized in internationalising and digitalising mid-market businesses. This acquisition marks the tenth investment by Argos ’s Mid-Market VIII fund. Financial terms of the transaction are not being disclosed.