Namirial and Signaturit, both financially backed by Bain Capital and PSG respectively, announce their intention to merge, consolidating their positions in the European Digital Transaction Management (DTM) software market.

The digital transaction management landscape in Europe is set for a significant change, as Bain Capital and PSG Equity have entered exclusive negotiations to combine Namirial and Signaturit, creating a formidable Pan-European Digital Transaction Management (DTM) software platform.

Namirial, headquartered in Italy, is a longstanding player in the DTM sector, offering digital signature, identity verification, onboarding workflows, and qualified electronic archiving. On the other hand, Signaturit, based in Spain, has experienced rapid expansion under PSG's ownership since 2020, growing its annual recurring revenue more than tenfold and evolving into a multi-product trust services provider operating across over 40 countries.

The merger of these two entities positions the business as a Pan-European leader in the Digital Transaction Management sector. The combined group aims to benefit from growing demand for secure digital workflows and increasingly stringent compliance standards across Europe.

## Impact and Benefits

### Market Leadership and Expanded Presence

The combined entity will hold leading positions across key European markets—Italy, Spain, France, and Germany—serving approximately 240,000 customers worldwide and employing around 1,400 people. Namirial brings strong expertise in digital trust and identity, while Signaturit is recognised for its cloud-based DTM services, digital identity management, e-signatures, KYC, fraud prevention, and eID wallet solutions. Their combined offerings will cover a broader spectrum of digital transaction services across Southern Europe and beyond.

### Enhanced Product and Service Portfolio

The merger will allow the new group to broaden its range of SaaS-based DTM solutions, leveraging the complementary strengths of both companies. This will enable the delivery of more comprehensive, integrated digital transaction and identity management services to a larger customer base. The combination is expected to drive further organic and inorganic growth, capitalising on the continuous digitization of business operations and rising demand for secure, compliant DTM solutions.

### Strategic and Structural Advantages

Bain Capital, PSG Equity, and existing management teams, who will retain significant minority stakes, will provide financial support and strategic guidance to accelerate growth and innovation. The merger is anticipated to result in operational efficiencies, cost savings, and the ability to invest more aggressively in technology, compliance, and global expansion.

### Compliance and Security Leadership

The combined platform will benefit from increasingly stringent European compliance and security requirements, reinforcing its position as a trusted provider of digital transaction management solutions. Businesses operating in a digital-first environment will have access to a reliable, secure, and compliant DTM platform, essential for meeting regulatory demands and maintaining customer trust.

In summary, the merger is poised to reinforce the combined group’s leadership in Europe, expand its service offerings, and capitalize on the growing demand for secure, compliant digital transaction management solutions. The deal is subject to regulatory approval and employee consultation, with PSG exiting its original investment in Signaturit via its PSG Europe I fund.

[1] Bain Capital Press Release, [date] [2] PSG Equity Press Release, [date] [3] Signaturit Press Release, [date]

The deal between Bain Capital and PSG Equity, aiming to combine Namirial and Signaturit, is projected to create a leading Pan-European Digital Transaction Management (DTM) software platform.
Recognized for its cloud-based DTM services, digital identity management, e-signatures, KYC, fraud prevention, and eID wallet solutions, Signaturit's rapid expansion under PSG's ownership will complement Namirial's expertise in digital trust and identity.
Post the merger, the combined group aims to capitalize on the growing demand for secure digital workflows and increasingly stringent compliance standards across Europe.
The merger is expected to drive growth and innovation, with financial support and strategic guidance from Bain Capital, PSG Equity, and the existing management teams who will retain significant minority stakes.
The combined platform will benefit from the expanding European compliance and security requirements, positioning itself as a trusted provider of secure, compliant, and reliable digital transaction management solutions.

Namirial and Signaturit, both financially backed by Bain Capital and PSG respectively, announce their intention to merge, consolidating their positions in the European Digital Transaction Management (DTM) software market.