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Announced

Completed

Dedagroup completed the acquisition of the remaining stake in Piteco for $252m.

Financials

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Transaction Value£206m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium23.2%
One Off Charge-

Tags

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Single Bidder

Acquisition

Software

financial software

Domestic

Majority

Italy

Public

Friendly

Tender Offer

Completed

Synopsis

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Dedagroup, an application solutions and IT services provider, completed the acquisition of the remaining stake in Piteco, a financial software products developer, for $252m.

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