Announced
Completed
Financials
Sources
Tags
Private Equity
Private
Completed
Digital Services
Majority
Single Bidder
digital transformation
Friendly
Acquisition
Italy
Synopsis
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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