MILAN (AIMnews.it) - Digital Magics sells 20,330 ordinary shares of Talent Garden, corresponding to about 9% of the company's share capital. Following the sale, Digital Magics holds 21,794 shares of Talent Garden, corresponding to about 10% of the capital. The purchase was concluded by Heroes, a controlling shareholder of Talent Garden, and controlled by the Talent Garden management, including co-founder and CEO Davide Dattoli. The price of the sale is 3,600,000 euros. With the sale, Digital Magics has achieved a capital gain of 3,204,250 euros (equal to over 9 times the cost of the transferred share capital), with an IRR on the operation of 80%. "The transaction, which allows the Talent Garden management to strengthen its stake, represents a step in the strategic value for the Digital Magics business model. - commented Gabriele Ronchini, Founder and CEO of Digital Magics - Moreover, with a stake of around 10%, Digital Magics remains one of the main shareholders of Talent Garden and confirms the fundamental role played by the company, together with Tamburi Investment Partners S.p.A. (in turn, a member of Digital Magics and Talent Garden), has in the value chain designed by Digital Magics in favour of the development of the startup and innovation ecosystem in Italy."