SECO s.r.l. signed an agreement to acquire a majority stake in Hopenly s.r.l. from Barbara Vecchi and Roberto Grassi on November 6, 2020. The structure of the transaction is a mix of both capital increase and quota acquisition for a total of 70% of Hopenly. Founders and managers, Barbara Vecchi and Roberto Grassi will continue, together with SECO, to manage Hopenly. For the year 2019, Hopenly had revenues of €0.6 million and negative EBDITA of €0.2 million and a net financial position of €0.2 million. Value Track acted as financial advisor; Deloitte acted as due diligence provider; Ristuccia Tufarelli & Partners acted as legal advisor; and Studio Lomarini acted as advisor to SECO. LCA Studio Legale di Milano acted as legal advisor for Hopenly.