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New Deal


Announced

Completed

Xenon-backed Impresoft completed the acquisition of Progel.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Private

Completed

Digital Services

Majority

Single Bidder

digital transformation

Friendly

Acquisition

Italy

Synopsis

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Xenon-backed Impresoft, an Italian software company, completed the acquisition of Progel, a digital transformation provider. Financial terms were not disclosed. "Since its inception, Impresoft Group has declared an ambitious growth plan and foresee, in the short term, further additions with the aim of playing a leading role in the market, offering a wide range of services. In Progel we immediately found the ideal interlocutor both for the common vision and for a similar path over the years, and because it will allow us to bring the solutions and skills necessary to enable the transformation of our customers' value on the market," Rossano Ziveri, Impresoft Group CEO.

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