VAM Investments will invest alongside the entrepreneurs who founded ConformGest and will maintain a leading role.

FIDIM of the Rovati family and BNP Paribas BNL Equity Investments will also invest in the VAM vehicle.

Established in Biella in 2008, is a full-service provider specializing in mechanical breakdown warranty solutions in the second-hand vehicle industry. It provides to independent professional sellers a complete range of mechanical failure warranty programs for any type of second-hand vehicles, including cars, commercial vehicles, motorcycles, recreational vehicles.

In 2021, the Company issued approximately 110,000 warranties.

ConformGest's customer base consists of over 3,000 professional car sellers with approximately 500 new dealers per year. ConformGest operates in Italy, Spain and employs around 100 people.

VAM Investments will support and accelerate the Company's growth even at an international level.

The transaction has been supported by a pool of banks including Crédit Agricole Italia, Banca Sella and Banca IFIS.