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New Deal


Announced

Sesa-backed Var Group to acquire NGS.

Financials

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

Sources

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Tags

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Security Equipment

Private

network and edge security

Single Bidder

Majority

Italy

Pending

Acquisition

Domestic

Friendly

Synopsis

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Sesa-backed Var Group, a business management consultancy firm, agreed to acquire NGS, a company in digital security sector. Financial terms were not disclosed. "We are excited to join Var Group Digital Security, leading player in Italy in the IT security consultancy sector: the business combination will allow us to accelerate the development of vertical skills for the benefit of our customers, with particular reference to manufacturing and maritime industries where we have been operating for years with a specific focus," Luca Bismondo and Alberto Zanon, NGS Managing Partner and Founders.

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